Books to read regarding restaurant franchises

1,669 Views | 6 Replies | Last: 4 yr ago by Ghost of Bisbee
EvenPar
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
8:07a, 5/27/22
AG
We have an opportunity to invest into and open several restaurant/drink company franchises. To be clear, I'm not asking for advice on whether or not we should or shouldn't move forward.

However, I am asking if anyone can recommend any books to read (or videos to watch) to better educate myself regarding owning multiple franchises?
Reply Quote
12thMan9
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to EvenPar • 4:39p, 5/27/22
AG
Make sure it is one that will talk you through the next 5 years.
Reply Quote
Ribeye-Rare
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to EvenPar • 10:16a, 5/28/22
AG
I've found that information like you seek is rarely found in books or videos, and when it is, it's seldom very good or complete.

Instead, I suggest you make personal contact with a couple of guys who have been successful at doing what you're looking to do.

It may take persistence to actually get these guys to sit down with you. You might want to offer to buy them lunch at a decent restaurant where you can talk and assure them that you won't be a pest.

And, since you didn't want advice on this type of investment, I won't offer any.
Reply Quote
4
1 edit
Adverse Event
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
1:01p, 5/28/22
Check out Tahinis restaurant, a Canadian franchise. Owners are big bitcoiners so lead with that. Been very successful thus far to my knowledge.

Reply Quote
EvenPar
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Ribeye-Rare • 9:47p, 5/28/22
AG
Oh I'll take general advice. I just don't believe anyone would be well Informed enough to say do it or don't do it, without know details.
Reply Quote
jpistolero02
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
11:15p, 5/31/22
I obviously can't speak to this deal, but this is a rough time to be getting into the restaurant business. I work in the industry and there are some serious challenges with labor, COGS, etc. That's not to say there isn't money to be made, but it's tough sledding right now. Make sure they have a strong online and takeout business.
Reply Quote
2
Ghost of Bisbee
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
1:16a, 6/1/22
AG
Check out Lazy Dog. Phenomenal concept and so well executed
Reply Quote
Refresh
Page 1 of 1
 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.