When a Restaurant Is a Great Business to Buy
May 16, 2024•1 hr 30 min
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Episode description
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:
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Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
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