🚀 Is Retailing the Next Step for Your Restaurant? 🛍️ Have you ever considered taking your restaurant to the next level through retailing? 🤔 Retailing can be a fantastic way to create an additional revenue stream for your business. In fact, for many successful restaurant owners, it has led to the birth of multi-million dollar brands. Imagine your special sauce, cocktail mix, or signature pastry becoming a household name, available on the shelves of retail stores! 🛒 So, how can you join this exciting club? Here's a step-by-step guide: 1️⃣ Find the Winning Recipe: Identify that one product or creation that resonates most with your customers. It's the first key to success. 2️⃣ Start Small, Think Local: Begin by partnering with local shops. This not only helps establish your brand in the market but also allows you to maintain control over manufacturing and preparation in your own kitchen. 3️⃣ Expand Strategically: As you gain momentum, work on a plan to scale up your production. Partner with a manufacturer to meet growing demands, ensuring the quality of your product matches what you serve in your restaurant. 4️⃣ Create a Supportive Ecosystem: As you expand, put systems in place to support your brand's growth. Keep pushing the boundaries and get your product into more and more stores. Remember, successful retailing starts with a winning product, a strategic approach, and a commitment to quality. So, is it time for your restaurant to take the plunge into retailing? The next big brand might just be yours! 🌟 #RestaurantBusiness #RestaurantOwnership #Restauranteur #RestaurantIndustry #Entrepreneurship Learn more about how other restaurateurs have succeeded in the retail space from this episode of Restaurant Reality: https://lnkd.in/g7-RZ3dp
Zoltan Lukacs, CFE’s Post
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It’s was an amazing weekend in Phoenix, Arizona at the IFA Annual Convention. It was such a great experience hearing so many influential people from the Franchise Industry speak and share their insights, and the wealth of knowledge that could be acquired just by speaking to people was absolutely incredible! It was always a pleasure to see Robin Gagnon, MBA, CFE, CBI and Eric Gagnon, CFE, CBI and thank you for helping sponsor my journey to becoming a Certified Franchise Executive! #IFA2024 #WeSellRestaurants
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Today marks the final day of my internship here at We Sell Restaurants, it's been an incredible 6 months and I can't begin to explain how much I have learned and absorbed during my time here. I have seen the expansion of this franchise first hand throughout the past half year, and I am honored to have been offered to stay on the team and carry on as a Certified Restaurant Broker and Business Analyst, so that I may continue to be a part of the growth of this amazing company. Thank you Robin Gagnon, MBA, CFE, CBI and Eric Gagnon, CFE, CBI for your mentorship and for introducing me to the amazing world of Restaurant Brokerage! To me, selling restaurants has become a passion, and I'm excited to be part of a team that sells more restaurants than anyone else PERIOD.
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What an intense, but rewarding week it's been. Just recently, I've been given the incredible chance to undergo the Restaurant Broker training at We Sell Restaurants to become a Certified Restaurant Broker. Thank you Robin Gagnon, MBA, CFE, CBI and Eric Gagnon, CFE, CBI and team for this rewarding opportunity! I'm eager to apply these skills and contribute more effectively to the dynamic team at this amazing company. I'm so grateful for this growth journey and excited for what lies ahead! #WeSellRestaurants #restaurantindustry #restaurantowners #restaurantbusiness #restaurantbroker #businessbrokers
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It’s been an incredible week so far at the Emerging Franchisor Conference and the chance to have met Jerry Akers was nothing short of amazing. Excited to forge a new connection and dive into the wealth of knowledge he has brought this year to New Orleans!
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🚀 Ready to break free from your 9-5 job but struggling with limited funds? Here's a game plan for acquiring your first business with creative financing with little to no money down! 1️⃣ **Find a Motivated Seller**: Seek out a seller who's open to flexible terms. Look for these opportunities: - 💼 **Subject to Financing**: Is the seller still paying off a loan for their business, take over an existing loan and keep servicing it from the business's cash flow and make more profit with lower interest rates than a traditional SBA loan. The seller can also finance the remaining amount to create the opportunity for a no money down acquisition! - 🤝 **Rally Support**: If the seller asks for a down payment, consider reaching out to friends and family for support. If that's not an option, explore SBA loans to cover the down payment for the seller financing terms. 2️⃣ **Why Would Sellers Accept Your Terms?**: There are several reasons sellers may be motivated to work with you: - 🌴 **Retirement**: Sellers looking to retire may be open to flexible deals. - 🌎 **Moving**: If the owner is relocating, they might prefer a smooth handover. - 💔 **Divorce**: In cases of divorce, selling the business quickly can be a priority. - 🕯️ **Burnout**: Burnout can lead to a desire for a hassle-free exit. 💡 Creative financing is all about seizing opportunities and crafting win-win deals. Don't let your bank balance limit your entrepreneurial dreams. Get creative, find motivated sellers, and pave your path to business ownership! 🌟 #Entrepreneurship #CreativeFinancing #BusinessOwnership #Escape9to5
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Why Telling Micro Stories is Important in Sales Last week at FLDC I had the amazing opportunity to listen to Jeb Blount's keynote about the power of micro stories and how to leverage them to get leads to schedule meetings. Imagine a prospect facing the same obstacles and uncertainties that many franchisees have encountered before. When they hear the stories of these successful individuals, it not only resonates with their current situation, but also stirs up a deep emotional connection. It allows them to visualize themselves on the path to success and feel what it's like to overcome their struggles. 🌟 Key Takeaway: Micro Stories Drive Imagination and Aspiration By using these micro stories, we can help prospects visualize a brighter future – one in which they've overcome their current challenges and found success with a franchise opportunity. The emotional appeal in these narratives can be a powerful motivator for those seeking a way out of their negative situations. For example, imagine one of your most successful franchisees used to be in debt and couldn’t spend time with their family due to long work hours. This must have put a huge strain on the family, but through franchise ownership they overcame their financial struggles and can spend all the time they want with their family strengthening the relationship... now telling this story to a potential lead going through a similar situation may invoke the same emotions that can lead them to become a franchise owner as well! The ultimate goal is to encourage prospects to schedule a meeting using these stories to explore how starting a franchise can be their ticket to a brighter and more prosperous future. It's all about creating that emotional connection and driving them to take action. #Franchising #Entrepreneurship #FranchiseOwnership #Sales
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What an amazing opportunity it was to have been able to attend the Franchise Leadership and Development Conference this year in Atlanta with the We Sell Restaurants team! Congratulations for the amazing success you’ve achieved and I’m privileged to be able to intern and learn from the best!
#Inc5000 • Franchisor & Co-Founder We Sell Restaurants • IFA Board of Directors • Vice Chair - Franchisor Forum IFA • National Restaurant Broker • Passionate about Restaurants, Entrepreneurs, Franchising
Thrilled to see We Sell Restaurants and the amazing development work by Brent Greenwood, CFE and the entire team! We brought home not one but THREE awards for follow up on franchise leads. 🏆Best online Sales Follow Up 🥈Best Telephone Mystery Shop 🥈Best Overall Performance Maria Puccio-Ball Robert Morrison Tabby Hemphill Eric Gagnon, CFE, CBI
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🚀🍽️ Building Wealth with "Underrated" Restaurants: Your Path to Financial Success! 💰👩🍳 Hello LinkedIn community! While many of us see the allure of chasing stardom on platforms like TikTok and YouTube, I'd like to redirect our focus toward an alternative avenue often underestimated - the world of "underrated" restaurants. It's no secret that not all culinary ventures make headlines, but they can be the untapped source of substantial wealth in 2023. Here's why I firmly believe that investing in these "underrated" restaurants is the golden ticket to financial success, particularly in the midst of a changing dining landscape: 1️⃣ Modernize and Elevate: Many restaurants continue to operate with outdated systems and may lag in areas such as their online presence, customer service, and marketing. This presents a unique opportunity: you can acquire, rejuvenate, and enhance the dining experience for patrons, bringing everything up to the standards of 2023. 2️⃣ It's All About Systems: Success isn't merely about serving the most innovative dishes or having the fanciest decor. It's about implementing the most efficient systems. Whether you're offering the most diverse menu, providing exceptional customer service, or creating a memorable dining experience, the focus should be on optimizing these systems. Leverage technology and social media to enhance your reach. 3️⃣ Don't Reinvent the Wheel, Just Make It Better: Building wealth doesn't require you to reinvent the culinary wheel. You can take a well-established restaurant and elevate it to exceptional heights. The key here is refining and optimizing what already works. In the grand scheme of things, it's all about the systems you implement. If you can create a seamless, efficient, and unforgettable dining experience, you'll not only stand out but also create significant wealth. So, remember, the path to financial success doesn't always have to be the next big thing, it could just be your neighborhood pizza parlor. These hidden gems can pave your way to a prosperous future in the world of gastronomy. 🍽️💰 Check out We Sell Restaurants to learn more about how to buy your first successful venture! #WealthBuilding #RestaurantSuccess #Entrepreneurship #WeSellRestaurants #Restaurants #BusinessBuying
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