Rock My Restaurant

In the latest episode of Hospitality Hangout podcast, Michael Schatzberg “The Restaurant Guy'' and Jimmy Frischling “The Finance Guy'' chat with Anand Gala, managing partner at Gala Capital Partners to explore what insights a well experienced investor can bring to your business.

Gala shares his early introduction at nine years old to the restaurant industry while working for his family's business at Jack In The Box as a franchisee. After college Gala talks about becoming a franchisee of Applebee’s, Del Taco, and Famous Dave’s BBQ and eventually changing over to a full time investor after 2014.

Gala, who has almost five hundred restaurants, says that going through a lot of different experiences in his life like starting so early in the business, the dot-com bust, 9/11 and now covid, teaches you to find opportunities and find ways to do a better job. He realized that everybody in the industry was going through the same thing and they needed a good partner and somebody they could trust.

When Gala was asked about his super power, he says, “I'm a jack of all trades,” “learning enough across a lot of different disciplines whether operations, finance, HR, real estate development, accounting I’ve essentially done a little bit of everything for a couple of years minimum each time.”

Gala says his team can help with finance, site selection and modeling, as well accounting or even automating accounting technology. Gala Capital Partners can also provide support in operations and marketing. Gala adds, “there’s always something all of us can learn about operations and how are you using technology, how are you simplifying things and the same is true with marketing.”

To hear what Gala has to say about best in class unit economics and growing a brand, tune into this episode of Hospitality Hangout podcast on Spotify.

Click here for more recovery and relief information for restaurant, hospitality and food service operators.

This syndicated content is brought to you by Branded Strategic Hospitality.

In the latest episode of Hospitality Hangout podcast, Michael Schatzberg “The Restaurant Guy” and Jimmy Frischling “The Finance Guy” chat with Kevin Tan, co-founder and chief executive officer at Snackpass to explore a social ordering platform for restaurants and the customer experience.

Snackpass is the company Tan co-founded with Jamie Marshall while they were students in college. Tan says, “It’s a social ordering platform for restaurants, you can skip the line and the wait, it’s much more convenient for consumers.” Adding, “we have a social commerce layer where you can get reward points with friends, send gifts to friends, group buy, and see what people are ordering making the experience personalized, social, and fun.”

Tan talks about when they got started, they would hand out fliers around campus and immediately got traction with their fellow classmates. He says, “within a few months over eighty percent of the student bodies started using Snackpass and became kind of like a household name.” Adding, “ it became the default way for students to order instead of going and standing at the cash register.” Snackpass started launching multiple campuses and today they are at twenty campuses in multiple states. Tan points out that Snackpass just raised their Series B financing which is going to help expand around cities and beyond the college campus.

When asked about delivery and third party, Tan says, delivery will just be an API call and it will be commoditized. He says, “the opportunity for us is definitely on-premise and you know that's a huge chunk of a pie.”

To hear how Snackpass came about while Tan was sitting in a dorm room, the experience of going through the Series B round, and how the name Snackpass originated, tune in to this episode of Hospitality Hangout Podcast. Click here for more recovery and relief information for restaurant, hospitality and food service operators.

This syndicated content is brought to you by Branded Strategic Hospitality.

In this episode of the twelve-part Accelerate series for the Takeout, Delivery, and Catering podcast series, host Sam Stanovich and guest host Kathleen Wood chat with Jamie Griffin, founder and principal partner at Consult to Grow, to explore the power of culture and the talent pipeline.

Griffin shares his background saying, “for twenty years I spent fifteen years on the operations side working with Raising Cane’s from the ninth restaurant to the four hundredth or so.” Adding, “And started my own consulting company which is Consult To Grow, where I work side by side with restaurant owners, founders and operators to scale and grow through people, systems and processes.”

Wood asks Griffin what he thinks about culture in today’s marketplace, he says, “I really think of culture very similar to brand, so brand is to the customer as culture is to the employee and I think there are a lot of really important symbolic relationships between those two.” Griffin adds, “But for me what culture is it's the personality in the story of how we operate our business, what are our values, what is our management style, what are the beliefs that we hold about what it takes to compete and be successful.”

Griffin, when asked about the talent pipeline says, “so talent pipeline is about three things, it's about attracting the right people, it’s about retaining the right people and it's about developing people to the next level.”

To learn more about Consult To Grow, the power of culture, and the importance of the talent pipeline, listen to this episode of Accelerate.

In the latest episode of Hospitality Hangout podcast, Michael Schatzberg “The Restaurant Guy” and Jimmy Frischling “ The Finance Guy” chat with Atul Sood, Chief Business Officer at Kitchen United to explore the multi-restaurant ordering experience.

Sood shares his background that included leading global food delivery partnerships for McDonalds during a time Doordash and Postmates were just getting off the ground and UberEats didn’t exist. He had the opportunity to set up global partnerships in the United States, Singapore, Canada, Australia and more.

When asked what makes Kitchen United unique, Sood says, “we are front and center where people live and work. We have a front of house in each physical location. So consumers can walk in place an order on a kiosk and take their food to go. We allow for multi-concept ordering.” He adds, “We are excited because we've been around for four years now and we've learned a lot.”

Sood says when asked about Kitchen United acquiring ghost kitchen developer Zuul, “The ability to acquire a team that was that knowledgeable in the space and that had been pioneers in their own right in New York City was an opportunity that we just couldn't afford to pass up.” Adding, “In addition to getting their technology stack which is very complimentary to ours and really the driver behind this infrastructure business.”

Sood talks about food halls and Kitchen United’s partnership with Westfield Malls, he says, “It's been in a test for nearly nine months now ten months now and really what we're doing is we're enabling two different groups of customers to get access to the food court and other restaurants around them all.” He adds, “the first group is people who live close by who used to have to commute into the mall to get the food, now they can get it through delivery and by the way we make the delivery process a lot easier for the driver instead of having to park go into the mall go up the escalator.”

To hear about Zuul Market consolidating group ordering technology, how the delivery process was streamlined and Kitchen United’s partnership with Kroger supermarkets tune in to this episode of Hospitality Hangout.

Click here for more recovery and relief information for restaurant, hospitality and food service operators.

This syndicated content is brought to you by Branded Strategic Hospitality.

In this episode of the twelve-part Accelerate series for the Takeout, Delivery, and Catering podcast series, host Sam Stanovich and guest host Kathleen Wood chat with Jamie Leeds, chef and restaurateur of Jamie Leeds Restaurant Group, which includes Hank’s Oyster Bar, The Wharf and Hank’s Cocktail Bar, to explore how team connection can accelerate your business.

Leeds shares how she and her team navigated during the pandemic, staying connected and brainstormed ways to stay alive financially. Recognizing that restaurants were closed and suppliers were suffering, they developed a concept to engage that supply chain.

Leeds talks about keeping loyal clientele and growing their customer base. She says that they are very hospitality based and attributes that to her time as a sous chef for her mentor Danny Meyer. Leeds adds that they are hospitality first, staff is key, and the importance of taking care of her own.

When asked about her hiring strategy, Leeds says she has had no problems with staffing. She was able to keep most of her staff through the winter and her team came back, even relocating them at her other restaurants. Wood asks Leeds about the theme of loyalty, Leeds said it is simple, it is about connection.

To learn more about why technology is important for Jamie Leeds Restaurant Group, how Leeds is making the operator’s jobs easier, and about changing out POS systems, listen to this episode of Accelerate.

In the latest episode of Hospitality Hangout podcast, Michael Schatzberg “The Restaurant Guy” and Jimmy Frischling “ The Finance Guy” chat with Geoff Alexander, President and chief executive officer, to explore using dark kitchens to generate revenue. .

Alexander talks about how he started back in 1993 with the privately held restaurant group Lettuce Entertain You Restaurants that Rich Melman launched in 1971. He says that Lettuce Entertain You has created over two hundred and twenty different brands in its fifty years, currently operating about one hundred and sixty restaurants among sixty different concepts.

“I’ve worked on twelve different concepts, give or take, in my tenure with Lettuce. It’s coming up on twenty-nine years in May.” Adding, “In 2009 I took over the concept of Wow Bao, a three unit brick and mortar store in Chicago serving steamed asian buns, potstickers and rice bowls.” Alexander goes on to talk about introducing self ordering kiosks, mobile desktop ordering, food trucks, and then getting involved with consumer packaged goods.

Alexander talks about Wow Bao’s growth, saying how the brand opened up fully automated restaurants with no front of house people, where the food came through automatic LED computer monitors. Since April 2020 through today they have opened over four hundred and fifty dark kitchens across the country and are on track to break five hundred by the end of October 2021.

When Alexander was asked about ghost kitchens, he defines them as a space that does not have a storefront and a dark kitchen is the areas in a restaurant that are dark right now, an area in your kitchen that you are not utilizing. Alexander says about how Wow Bao’s model was built that they have the ability to allow restaurants to turn the lights back on or start using that area of the kitchen that was dark before. He adds, based on the revenue that they can help operators generate and the profits they can bring to the bottom line. “They’re able to keep the lights on, keep people employed and that’s how we use the term dark.” says Alexander.

To hear about Wow Bao’s early insight to grow the brand, what Alexander has to say about technology, and third party delivery, check out this episode of Hospitality Hangout. Click here for more recovery and relief information for restaurant, hospitality and food service operators.

This syndicated content is brought to you by Branded Strategic Hospitality.

In the latest episode of Hospitality Hangout podcast, Michael Schatzberg “The Restaurant Guy” and Jimmy Frischling “The Finance Guy” chat with Clayton Wood, Chief Executive Officer at Picnic, to explore solutions for solving labor shortages and automation in food preparation.

Wood says when asked to share about himself, “So my background I'm a mechanical engineer by training, I've worked in a bunch of industries including Aerospace renewable energy agriculture, robotics and after a series of startups, Picnic is really where I want to be.” He adds, “you know Picnic is a combination of my passions, robotics creating new businesses and really helping customers be more successful.”

Picnic is very focused on our customers and that's why it exists, says Wood. He explains that Picnic is not building technology for technology's sake and that they really want to help customers, knowing everybody in food service needs help these days.

Wood says, Picnic is the intersection of how you can apply technology in a way that improves customers' operations that helps them be more successful. In Addition, they are really focused on food service, the jobs are hard, and Picnic is here to make it easier for the workers.

When asked to share more about Picnic, Wood says they are in food preparation automation and there are not too many companies in this space. Adding that Picnic started with pizza, it is one of the most popular foods on the planet and they are discovering that restaurants are having a hard time finding workers.

To hear about how Picnic is transforming the world of food preparation to automation innovation, check out this episode of Hospitality Hangout. Click here for more recovery and relief information for restaurant, hospitality and food service operators.

This syndicated content is brought to you by Branded Strategic Hospitality.

In the latest episode of Hospitality Hangout podcast, Michael Schatzberg “The Restaurant Guy” and Jimmy Frischling “ The Finance Guy” chat with Carissa De Santis, chief information officer at Dickey’s Barbecue Restaurants to explore hospitality technology and what’s in the pipeline for Dickey’s Barbecue.

De Santis talks about building Dickey’s virtual brands, the interest from franchisees around Wing Boss, and the decision to bring it to brick-and-mortar. They recently opened their first location in Dallas, where they have their virtual food menu and a full bar.

Dickey’s Barbecue is currently operating in forty-four states and De Santis talks about expanding internationally. When asked if Dubai is loving barbecue, De Santis said, “they’re 100% loving barbecue over there” adding “they were actually our first international debut as a franchisee and partner there.” De Santis says Dickey's just opened a second location in Japan and first in São Paulo, Brazil.

De Santis talks about Dickey’s early hospitality tech foresight, saying that part of their original tech stack started out with reporting and analytics, collecting all of the data on their customers and transactions. Smoke Stack is Dickey’s Barbecue custom data platform, it was started almost a decade ago. De Santis shares what their tech stack looks like today on this episode.

To hear about Dickey’s Barbecue successful loyalty program, the growth since its launch, her thoughts on technology and scams, and what is next for Dickey’s check out this episode of Hospitality Hangout.

Dickey’s is offering a special deal to the Hospitality Hangout Listeners. Use code HHFREE3 at checkout and get 3 free Sausages with any $100 purchase on this link at Barbecue at home by Dickey’s.

This syndicated content is brought to you by Branded Strategic Hospitality.

In the latest episode of Hospitality Hangout podcast, Michael Schatzberg “The Restaurant Guy” and Jimmy Frischling “ The Finance Guy” chat with Brita Rosenheim, Partner at Culterra Capital and Venture Partner at Better Food Ventures to explore restaurant technology.

Rosenheim got started with an interest in the food world and left banking, she went to Italy to get a Masters in food communications. She is an investor and advisor, sharing her excitement for the innovation in technology. Rosenheim talks about the Restaurant Tech EcoSystem map and how the selection is made for the map.

When Rosenheim was asked about the rise of technology in regards to new categories being added to the map, she says food safety and quality was given recognition, which had historically been part of operations. Rosenheim adds, most of the pandemic trends are more of the same, it’s not completely new innovation and the biggest shift is really adoption versus full on new technology.

Rosenheim addresses the ghost kitchen trend saying it is here to stay much like meal kits. “It’s a new concept and it is disrupting the way things are done, it’s shifting peoples minds about how operations can be managed,” adds Rosenheim. “It still needs to figure out the right business model and the right users.”

When asked about categories losing steam, Rosenheim says it’s not becoming less important but search and discovery, reservations, and event management has a little slice on the wheel because there has been consolidation. She adds that five years ago those were the largest categories...now most of the efforts have turned to optimizing back of house.

To find out what category Rosenheim thinks will be the shrinking next and her thoughts on robotics, tune in to this episode of Hospitality Hangout. Click here for more recovery and relief information for restaurant, hospitality and food service operators. And to keep listening, check out The Hospitality Hangout podcast on Spotify!

This syndicated content is brought to you by Branded Strategic Hospitality.

In the latest episode of Hospitality Hangout podcast, Michael Schatzberg “The Restaurant Guy” and Jimmy Frischling “ The Finance Guy” take the show to the first in-person trade show, FSTEC 2021 where restaurants and technology connect. Schatzberg and Frischling chat with Wade Allen, senior vice president, head of innovation at Brinker International, Inc., Derek E. Canton, chief executive officer and founder at Paerpay, Sterling Douglass, co founder and chief executive officer at Chowly, Inc., and Marcus Viscidi, VP, Enterprise Sales - National Restaurant Association Show & Foodservice Conferences at Winsight, LLC.

Allen talks about what he is looking to learn from the show, saying that he looks for organizations that inspire him and are doing things not in the traditional way, adding companies that can truly change their business. Allen says he is looking at new technology in loyalty programs to delivery drones to the future of POS. He talks about Brinker International’s development of virtual brands and launching them.

Derek Canton from Paerpay stops by to talk about being on the market place floor at FSTEC. Paerpay is a contactless payment platform for restaurants and Canton shares what’s new at the company. He says the number one thing he wants the audience to know about Paerpay, can get their customers up and running in an hour. Tune in to hear Canton’s quick fire answers.

Sterling Douglass of Chowly, who has been on the show before chats with the guys about technology change for restaurants and consumer adoption having an impact. A lot of technology that has been around has finally been picked up, like QR codes and delivery technology. Douglass says that he is excited to see the maturity in virtual restaurant space as well. To learn more about Chowly’s partnership with Google, listen to the show.

The last guest to stop by to chat, Marcus Viscidi from Winsight, LCC, he talks about putting together the first in-person restaurant trade show, FSTEC 2021 since the pandemic and answers quick fire questions.

To hear more from all of the guests that stopped by Hospitality Hangout at FSTEC 2021, check out this episode. Click here for more recovery and relief information for restaurant, hospitality and food service operators.

This syndicated content is brought to you by Branded Strategic Hospitality.