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When a Restaurant Is a Great Business to Buy

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Manage episode 419159904 series 2931927
Content provided by Will Smith. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Will Smith or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Jarett Berke told his intermediary "no restaurants" but changed his tune when he saw what a great business Lou's was.

Topics in Jarett’s interview:

  • Finding a business through an accountant
  • Why restaurants are a tough business
  • Comparing military service to running a restaurant
  • Buying a restaurant with exceptional margins
  • Learning every job in the restaurant
  • Pivoting to delivery during Covid
  • Doing a stock deal instead of an asset purchase
  • Reinvesting by adding tables and renovating
  • 60% growth in 6 years
  • What he likes about the restaurant business

References and how to contact Jarett:

Get complimentary due diligence on your acquisition's insurance & benefits program:

Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:

Connect with Acquiring Minds:

  continue reading

260 episodes

Artwork
iconShare
 
Manage episode 419159904 series 2931927
Content provided by Will Smith. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Will Smith or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Jarett Berke told his intermediary "no restaurants" but changed his tune when he saw what a great business Lou's was.

Topics in Jarett’s interview:

  • Finding a business through an accountant
  • Why restaurants are a tough business
  • Comparing military service to running a restaurant
  • Buying a restaurant with exceptional margins
  • Learning every job in the restaurant
  • Pivoting to delivery during Covid
  • Doing a stock deal instead of an asset purchase
  • Reinvesting by adding tables and renovating
  • 60% growth in 6 years
  • What he likes about the restaurant business

References and how to contact Jarett:

Get complimentary due diligence on your acquisition's insurance & benefits program:

Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:

Connect with Acquiring Minds:

  continue reading

260 episodes

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