How to Build a Portfolio of 20 Franchise Locations
Acquiring Minds
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How Wingstop's COVID Has Impacted the Restaurant Industry
The restaurant industry is in chaos. And I call my partners and say, hey, do you want to quit your headstone jobs and come work with me in the restaurant industry? Understandably, they say, thanks, but no thanks. So, bought them out, had the next two units open later in 2020. Between buying my partners out, opening a couple more units and really fortunately for us, Wingstop was maybe one of the biggest beneficiaries of COVID. The sales volumes were going through the roof as people were increasingly ordering delivery and pickups since they couldn't die now. Those factors combined with interest rates have been cut massively.
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