Empires

Building Jersey Mike's - 25 Unit Operator


Listen Later

Kavrin McGuire operates 25 Jersey Mike’s locations alongside his father and brother.

In this conversation, we break down:• How Jersey Mike’s maintains product quality at scale• What it’s actually like operating a high-volume sandwich business• Why Peter Cancro built such intense loyalty among franchisees• The truth about the Blackstone acquisition rumors• How Kavrin’s family scaled through acquisitions + development• Why they bought the entire state of Minnesota for Mike’s Red Tacos

We also dive deep into staffing, operations, digital ordering, real estate strategy, small-town expansion, and what separates great restaurant operators from average ones.

SUBSCRIBE TO EMPIRES WEEKLY

FOR MULTI-UNIT OWNERS WHO ARE SELLING: https://www.fdcapitalgroup.com/

CHAPTERS00:00 Intro00:54 How Kavrin’s family found Jersey Mike’s03:22 Learning restaurant ops from the ground up05:20 The reality of running a restaurant07:57 Why Jersey Mike’s ops are harder than Little Caesars11:10 Staffing a Jersey Mike’s lunch rush13:50 How Jersey Mike’s built its digital ordering system15:22 Why Jersey Mike’s became a breakout brand16:50 Peter Cancro’s obsession with sandwich quality20:26 Stories that explain why franchisees love Peter Cancro25:53 Kavrin’s role running 25 Jersey Mike’s27:31 Building a long-term leadership team29:26 Acquiring Jersey Mike’s locations31:58 Real estate strategy + buildout costs34:33 Can Jersey Mike’s work in small towns?37:17 Jersey Mike’s culture of giving42:31 Blackstone, Charlie Morrison & the future of Jersey Mike’s47:14 How much white space Jersey Mike’s still has50:59 Why they bought Mike’s Red Tacos54:38 Betting on birria tacos as the next big category57:17 Mike’s Red Tacos operations explained01:00:42 Comparing Mike’s Red Tacos vs Jersey Mike’s ops01:04:42 Long-term vision for both brands01:06:09 Final thoughts



This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit empirespod.substack.com
...more
View all episodesView all episodes
Download on the App Store

EmpiresBy Patrick Buckley

  • 5
  • 5
  • 5
  • 5
  • 5

5

11 ratings


More shows like Empires

View all
The Joe Rogan Experience by Joe Rogan

The Joe Rogan Experience

229,674 Listeners

Odd Lots by Bloomberg

Odd Lots

1,993 Listeners

Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

Invest Like the Best with Patrick O'Shaughnessy

2,342 Listeners

The ONE Thing by Keller Podcast Network

The ONE Thing

1,113 Listeners

The Compound and Friends by The Compound

The Compound and Friends

2,145 Listeners

Franchise Secrets Podcast by Erik Van Horn

Franchise Secrets Podcast

65 Listeners

My First Million by Hubspot Media

My First Million

2,660 Listeners

The Shawn Ryan Show by Shawn Ryan

The Shawn Ryan Show

46,368 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

10,254 Listeners

Acquiring Minds by Will Smith

Acquiring Minds

275 Listeners

Son of a Boy Dad by Barstool Sports

Son of a Boy Dad

6,018 Listeners

The Tucker Carlson Show by Tucker Carlson Network

The Tucker Carlson Show

16,982 Listeners

Prof G Markets by Vox Media Podcast Network

Prof G Markets

1,480 Listeners

Smart Franchising with Fransmart by Dan Rowe

Smart Franchising with Fransmart

11 Listeners

David Senra by Scicomm Media

David Senra

229 Listeners