Restaurant Deal Making EXPOSED! With Patrick and Andy

Have you ever wondered what it takes to build a successful restaurant empire? Most fail, but our guest this week has succeeded and built something truly fantastic.

Today, we sit down with Jordan Cressman, VP of Operations and partner for Baja Sharkeez Restaurant Group. He’s here to dish out the secrets behind Baja Sharkeez and its growth to 14 locations spanning five distinct concepts.

Tune in this week as Jordan shares his incredible journey from barback to restaurant mogul, working alongside the Newmans to expand their casual beach bars and eateries across the South Bay of Greater Los Angeles.

Get full show notes, resources, transcript, and more information here: https://www.therestaurantsalesbroker.com/13

Do you feel like running your restaurant is eating up all your profits? You're not alone. Many restaurant owners struggle with streamlining operations and managing costs effectively. But what if there was a way to run your independent restaurant like a well-oiled franchise without paying hefty royalty fees?

In this episode, we sit down with Fred Langley, CEO and owner of Restaurant Systems Pro. He took his years of experience in the restaurant industry and started helping restaurant owners systematize, not only helping owners revolutionize their operations, but providing the support they need to navigate the complexities of running a successful restaurant.

Tune in this week as Fred shares his inspiring journey from dishwasher to restaurant owner and now, a leader in helping restaurateurs revolutionize their businesses.

Get full show notes, resources, transcript, and more information here: https://www.therestaurantsalesbroker.com/12

Worried about signing a restaurant lease or purchase agreement without fully understanding the legal implications? You need an attorney like Roberta Economidis by your side. As a founding partner at Georgopolis and Economidis Law Group, Roberta specializes in corporate and business law with a focus on the hospitality industry.

Tune in this week as Roberta breaks down the key factors to consider in purchase agreements and leases, and explains how working with a specialized attorney can protect your interests and prevent costly mistakes.

Get full show notes, resources, transcript, and more information here: https://www.therestaurantsalesbroker.com/11

If you’re a restaurant owner looking to sell your business, or you’re a buyer hoping to secure financing for your dream restaurant, this episode is for you. We dive into the nitty gritty details of SBA lending for restaurants with our expert guest Bob Porter, Senior Vice President in Business Development and SBA Lending for Plumas Bank.

Tune in this week to gain the kind of insights that will help you secure the funding you need for your restaurant purchase. Bob's transparent SBA loan advice and tips for getting approved will take a ton of work off your plate further down the line.

Get full show notes, resources, transcript, and more information here: https://www.therestaurantsalesbroker.com/10

Whether you're a current restaurant owner looking to sell, an aspiring restaurateur seeking to buy, or simply interested in the behind-the-scenes world of restaurant dealmaking, this episode is packed with valuable information you won't want to miss.

Steve Zimmerman is the founder and principal broker of Restaurant Realty Company. He is the OG who literally wrote the book on restaurant dealmaking, and with over 1,000 restaurant and bar sales under his belt, Steve's insights are invaluable. In this conversation, Steve provides a fascinating look at how Restaurant Realty has weathered economic downturns like the COVID-19 pandemic, and he shares insights into the unique challenges of getting deals done in the current climate, as well as his predictions for the future of the industry.

Get full show notes, resources, transcript, and more information here: https://www.therestaurantsalesbroker.com/9

Ever wondered what it takes to build a thriving bar and nightlife business in a city like San Francisco? In today's episode, we sit down with Vlad Cood, a veteran of the Bay Area entertainment scene.

Vlad is the owner of Butter Bar and BuzzWorks, two popular establishments in San Francisco's SoMa neighborhood. Tune in to hear Vlad's insights on navigating the complex world of entertainment permits, dealing with rising insurance costs, adapting to changing customer trends, and his exciting plans for a new rooftop bar that could help elevate San Francisco's nightlife scene to the next level.

Get full show notes, resources, transcript, and more information here: https://www.therestaurantsalesbroker.com/8

Joining us this week is Dan Engel of Engel Accounting, a restaurant accountant extraordinaire who has seen the good, the bad, and the downright ugly of restaurant books over his career. Dan shares his wealth of knowledge on what makes restaurant accounting unique and we also dig into the nitty gritty of accounting best practices, from accrual vs cash basis to the various ways restaurant owners pay themselves.

Whether you're a restaurant owner looking to get a better handle on your books, or you're just fascinated by the behind-the-scenes of the industry, this episode is packed with valuable insights. Tune in to level up your restaurant accounting game and set your business up for success.

Get full show notes, resources, transcript, and more information here: https://www.therestaurantsalesbroker.com/7

Ike Shehadeh is the visionary founder behind Ike's Love & Sandwiches, a popular sandwich chain known for its creative and delicious offerings. Starting in 2007 with a simple vision to spread love and happiness through good food, his unique and flavor-packed sandwiches quickly gained a cult following, leading to a rapid expansion. Ike's sandwich empire has grown into 100 stores across six different states, and he joins us on the show today to share all his secrets of growing from one unit to 100.

Discover the challenges and triumphs that come with taking your first steps in the restaurant industry. Ike shares the value of self-belief and belief in your concept and goes into granular detail about making the decision to open your first restaurant and the scary first steps you take in the immediate aftermath.

Get full show notes, resources, transcript, and more information here: https://www.therestaurantsalesbroker.com/6

Our guest this week is Michael Karp, the owner of Le Bon Temps Restaurant Group. With over 30 years of hospitality experience and a decade in restaurant ownership and design, Michael is the driving force behind LBT Restaurants. Michael has been instrumental in redefining the dining experience, establishing himself as a visionary leader in the restaurant industry, and he's here to show us the reality of growing a successful restaurant group.

Expanding a restaurant to multiple locations poses many challenges, from investment to ensuring consistency across all locations, especially accounting for varying concepts and vastly different teams. How does Michael manage these complex operations and ensure a solid and sustainable customer experience across an entire restaurant group? Tune in this week to find out.

Get full show notes, resources, transcript, and more information here: https://www.therestaurantsalesbroker.com/5

Today, we're joined by a fantastic guest, Ben Koenig. Born Benedict Koenig IV, he is the founder of Heritage Eats, a globally-inspired multi-unit fast-casual concept in the acclaimed Napa Valley and surrounding Bay Area. Ben also owns Mothers Tacos, he's the creative force behind Napa Valley Lobster Co. and several other innovative dining ventures. Ben has the brain and background to understand what a complete food concept should look like, and what good business really is.

Ben dipped his toe in the restaurant industry in Napa, then went on a crazy journey, traveling to North Africa and through Asia, which is where the inspiration for Heritage Eats came from. Tune in this week to discover how Heritage Eats went from an idea to a successful concept restaurant, as well as how Ben chooses locations, hires staff, and what he loves about restaurant brokerage.

Get full show notes, resources, transcript, and more information here: https://www.therestaurantsalesbroker.com/4