Feb 25, 2020
The Restaurant Business in Phoenix
w/ Brandon Brown of Phoenix Business Journal
- BRT S01 EP4 2-23-2020
Guests: Brandon Brown w/ Phoenix Business Journal
Restaurant Business Overview - Experience & Breakdown
Restaurant business stats / trends
Sam Fox Restaurants Sells Out to Cheesecake Factory
The size and scope of the U.S. restaurant industry
CBC – Why Restaurants Fail
60% Fail Year 1, 80% fail by year 5
Reason # 1 location and awareness
Like all bus, need op capital to survive until profitable
Can’t pay $15k / mth in rent for good location and sell low profit burger food
Yelp reviews do not help, no time for or trial period anymore
Savvy Restaurateur Sam Fox Sells His Business To The Cheesecake Factory
he surprised the food world on Wednesday by announcing he was selling his entire business to The Cheesecake Factory, already set to take on two of his brands.
The deal is worth $353 million — $308 million paid up front in cash, and an additional $45 million to be paid over the next four years.
Real Estate Topic: https://brt-show.libsyn.com/category/Real+Estate
Thanks for Listening.
Please Subscribe to the BRT Podcast.
Business Roundtable with Matt Battaglia
The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving.
Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more…
BRT Podcast Home Page: https://brt-show.libsyn.com/
‘Best Of’ BRT Podcast: Click Here
BRT Podcast on Google: Click Here
BRT Podcast on Spotify: Click Here
KFNX Info: https://1100kfnx.com/weekend-featured-shows/
Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.