A common misconception about restaurants with lines out the door is that the owner MUST be rich. And so perpetuates the cycle of misinformed investors throwing away their savings to own a franchise that seems like it will make them a megamillionaire. If it were up to Yianni, profit and loss sheets would be a thing of the past. Why? Because it shouldn’t be about the money – you should find what you love and let it kill you. In this episode of Restaurant Punk, Peter poses the question: what’s the difference between a popular restaurant and a profitable restaurant? While Yianni and Noelle contribute questions, including:

• Is the primary motivation for people to own a restaurant the perception of profitability?
• Would you want to own a Chick-fil-A?
• Is it better to invest more upfront and kick back a lower percentage later, or vice versa?
• Do you review Profit and Loss Sheets with investors every month?
• Are you part of the Yianni Hater Parade?