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Rich Restaurant Owners All Use These 3 Formulas - And Now You Will Too

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Manage episode 453345938 series 3135576
Content provided by Kyle Inserra. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kyle Inserra or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

In this episode, Kyle discusses three critical financial formulas essential for restaurant success: the Sales to Investment Ratio, Payback Period, and Rent Factor. The importance of these metrics in making informed decisions, attracting investors, and ensuring sustainable growth - can not be overstate The conversation provides practical insights into calculating these formulas and highlights common pitfalls to avoid in restaurant site selection

Free Restaurant Financial Formula Calculator Pack - Click here!

Takeaways

  • Operators who track these formulas make better decisions and make more money.
  • Sales to investment ratio is crucial for evaluating new locations.
  • Payback period indicates how quickly an investment can be recovered.
  • Rent factor should ideally be under 10% for sustainability.
  • Realistic sales projections are essential to avoid financial pitfalls.
  • Understanding total investment costs is critical for accurate calculations.
  • Site inspections are necessary for due diligence before investment.
  • Investors prioritize these three metrics when considering funding.

Exclusive Partner

Want to learn more about Marqii? Check them out ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here,⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and instantly level up your digital presence.

Connect with Closed Monday

Instagram: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@closedmondaypodcast⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Email: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Special Offers

Take a screenshot of you listening to the show, and tag @closedmondaypodcast, and I'll send you a FREE Closed Monday t-shirt.

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If you found value in this episode, please subscribe and share it with your friends and network. Your support helps us bring you more actionable insights every week!

  continue reading

234 episodes

Artwork
iconShare
 
Manage episode 453345938 series 3135576
Content provided by Kyle Inserra. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kyle Inserra or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

In this episode, Kyle discusses three critical financial formulas essential for restaurant success: the Sales to Investment Ratio, Payback Period, and Rent Factor. The importance of these metrics in making informed decisions, attracting investors, and ensuring sustainable growth - can not be overstate The conversation provides practical insights into calculating these formulas and highlights common pitfalls to avoid in restaurant site selection

Free Restaurant Financial Formula Calculator Pack - Click here!

Takeaways

  • Operators who track these formulas make better decisions and make more money.
  • Sales to investment ratio is crucial for evaluating new locations.
  • Payback period indicates how quickly an investment can be recovered.
  • Rent factor should ideally be under 10% for sustainability.
  • Realistic sales projections are essential to avoid financial pitfalls.
  • Understanding total investment costs is critical for accurate calculations.
  • Site inspections are necessary for due diligence before investment.
  • Investors prioritize these three metrics when considering funding.

Exclusive Partner

Want to learn more about Marqii? Check them out ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here,⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and instantly level up your digital presence.

Connect with Closed Monday

Instagram: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@closedmondaypodcast⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Email: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Special Offers

Take a screenshot of you listening to the show, and tag @closedmondaypodcast, and I'll send you a FREE Closed Monday t-shirt.

Subscribe & Share

If you found value in this episode, please subscribe and share it with your friends and network. Your support helps us bring you more actionable insights every week!

  continue reading

234 episodes

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