Preview Mode Links will not work in preview mode

Business Roundtable


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. We Profile the current Players weekly in an Interview format to give you an inside look, to learn from their own experiences.

Popular Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, & More

BRT Podcast Home Page: https://brt-show.libsyn.com/

BRT / Wealth for Life: HERE

 

More Info: https://www.economicknight.com/podcast-brt-home/

* Sign Up for 'All New' the BRT Show Newsletter at the EK Website

Please Subscribe to the BRT Show.

Thanks for Listening. 

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

https://www.bizjournals.com/phoenix/bio/24441/Brandon+Brown

www.bizjournals.com/phoenix

-

Restaurant Business Overview - Experience & Breakdown

Restaurant business stats / trends

Sam Fox Restaurants Sells Out to Cheesecake Factory

 

National Statistics

The size and scope of the U.S. restaurant industry

Restaurant Industry Facts at a Glance

Download our one-pager (PDF).

  • $863 billion: Restaurant industry's projected sales in 2019.  3.6% increase
  • 1 million+: Restaurant locations in the United States.
  • 15.3 million: Restaurant industry employees.
  • 1.6 million: New restaurant jobs created by 2029.
  • 10%: Restaurant workforce as part of the overall U.S. workforce.
  • 9 in 10: Restaurant managers who started at entry level. 
  • 8 in 10: Restaurant owners who started their industry careers in entry-level positions.
  • 9 in 10: Restaurants with fewer than 50 employees.
  • 7 in 10: Restaurants that are single-unit operations.

 

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

 

More Info:

Savvy Restaurateur Sam Fox Sells His Business To The Cheesecake Factory

https://www.forbes.com/sites/michelinemaynard/2019/07/31/savvy-restaurateur-sam-fox-sells-his-business-to-the-cheesecake-factory/?sh=79f1007f3394     

7/2019

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

https://brt-show.libsyn.com/size/5/?search=best+of+real+estate

 

Business Topic:

https://brt-show.libsyn.com/category/Business-Consulting-Bus+Lessons-Management-General

 

 

Thanks for Listening.

Please Subscribe to the BRT Podcast. 

 

 

Business Roundtable with Matt Battaglia

The show where EntrepreneursHigh Level Executives, Business Owners, and Investors come to share insight and ideas about the future of businessBRT 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                   

More Info: https://www.economicknight.com/podcast-brt-home/

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.