• When a Restaurant Is a Great Business to Buy

  • 2024/05/16
  • 再生時間： 1 時間 30 分
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When a Restaurant Is a Great Business to Buy

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  • 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:

    • LinkedIn
    • Lou’s Restaurant
    • jarett@lousrestaurant.com

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

    • Oberle Risk Strategies - Search Fund Team

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

    • Matthias Smith of Pioneer Capital Advisory

    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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あらすじ・解説

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:

  • LinkedIn
  • Lou’s Restaurant
  • jarett@lousrestaurant.com

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

  • Oberle Risk Strategies - Search Fund Team

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

  • Matthias Smith of Pioneer Capital Advisory

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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