

When a Restaurant Is a Great Business to Buy
May 16, 2024
Jarett Berke, an entrepreneur who initially avoided restaurants, shared insights on buying Lou's Restaurant: finding businesses through accountants, tough restaurant industry, military service parallels, exceptional margins, stock deal purchase, business growth strategies, and the appeal of the restaurant business.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8 9 10
Introduction
00:00 • 2min
Insights on Searchers and a Surprising Restaurant Acquisition
02:01 • 2min
Family Entrepreneurship and Career Transitions
03:41 • 7min
Navigating SBA Loans and Career Aspirations
10:30 • 4min
Exploring the Profitability and Dynamics of Restaurant Business Acquisition
14:50 • 19min
Transitioning with Humility in Leadership Roles
34:03 • 7min
Navigating Restaurant Ownership During COVID-19
41:16 • 6min
Strategies for Financial Sustainability During Revenue Decline
47:04 • 2min
Valuing a Business Through Multiples and Division
49:13 • 21min
Success and Growth of a Restaurant Business
01:10:24 • 20min