What is the Delicatessens industry?
The Delicatessens industry displays moderate capital intensity. IBISWorld expects that for every dollar spent on wages, industry operators invest $0.16 in capital. Depreciation is used as a proxy for capital expenditure. The industry's capital intensity level has increased over the past five years, as indicated by depreciation rising as a proportion of industry revenue. Temperature-controlled displays and commercial refrigerators are the industry's largest capital expenses, along with store fit-out when the delicatessen is first established. Capital expenses are higher for operators that own their store rather than rent the premises.
Despite increasing capital intensity, the industry remains reliant on labour... purchase to read more