It's a while since I played with OSM data for my own prototype, but I found most of the entries were 3 or 4 years out of date, and didn't include anything except a name and GPS co-ordinates. Some didn't even include a name. There was only one entry in my city with opening hours, and that entry didn't differentiate between days of the week. Some entries contained typos, and there was no consistency with naming of chains (eg one person calls it Dome, another Dome Coffee, another The Dome, and another Dome Coffee Fremantle).
In short, OSM was a really bad dataset (at that time) and I found it better to start from scratch.