QSRGuy @QSRguy
Multi-Brand QSR Franchisee | M&A, Ops, Real Estate, Investing, Culture and crazy stuff that happens with 500+ employees West Coast, USA Joined July 2009-
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Am I really even a part of X if I didn’t post a picture of me in a tux in the last 24 hours?
Blackstone’s acquisition spree in the franchise space is interesting to me. I have a strong feeling something much larger is at play.
Had McDonalds for the first time in years today. Quarter Pounder with Cheese Meal and some Spicy McNuggets. Delicious. Can’t believe I’ve been missing out on this for so long. I attribute the visit to all @McFranchisee’s posts from the conference. Made me hungry.
How much is too much? Scenario: you ordered a decent drive-thru burger and fries for your family of 3 and it cost you $50 +total.
From $5 foot long to 6 inches for $6. Oh how the times have changed.
X fam, I need an explanation. Below is a video of TWO Mattress Firm stores across the street from each other. Note the security guard. 1) why/how do they need/afford two enormous A+ locations on same street. 2) who is going to steal a mattress? Is this some type of front?
$20 an hour. If you grew up in California, that KFC or Burger King you grew up eating at might not be there any more in a few months. Speaking to a lot of franchisees that say this was the last straw.
Happy Easter! One of the few days of the year I am truly off work 😁 Have a great day.
LET IT BURN! USHER officially announces he is becoming a Dave’s Hot Chicken franchisee! He will be teaming up with industry vets to open up restaurants in the Atlanta market. Dave’s Hot Chicken still on fire. 🔥
No clearer sign of success than a hit piece on someone’s personal life which has nothing to do with all the good they are doing on the professional side. Keep your head up @hubermanlab
Multi-Unit Franchising Conference was a huge success There are so many smart people working on some really cool things in the franchise space. It is always fun spending time & sharing ideas with great folks. The highlight was finally meeting @jandreini1 & @PaulTTran in person.
What’s more impressive than their growth is how happy the franchisees are. Every franchisee I talk to speaks so highly of their support, executive team, training, and product. You don’t see that often.
What’s more impressive than their growth is how happy the franchisees are. Every franchisee I talk to speaks so highly of their support, executive team, training, and product. You don’t see that often.
When I met @PaulTTran today at MUFC he said “I thought you were an AI”. Then we took a picture together that doesn’t exist. Allegedly. Maybe I am AI after all. Follow me for the journey on discovering if I’m a real or fake person.
I am loving this “sandwich wars” series. Regardless of the recent struggles, so many of us were raised on Subway and the brand will always be iconic. Pullin’ for a turnaround.
I am loving this “sandwich wars” series. Regardless of the recent struggles, so many of us were raised on Subway and the brand will always be iconic. Pullin’ for a turnaround.
More brands need to be like Jersey Mike’s. Extreme focus on quality, hospitality & community. I can’t imagine a world where they get dethroned from #1. Mike’s Way ALL Day!
More brands need to be like Jersey Mike’s. Extreme focus on quality, hospitality & community. I can’t imagine a world where they get dethroned from #1. Mike’s Way ALL Day!
As owners, we sometimes get lost in high expectations & results. •Take a minute to recognize an employee for something positive they have done. •Share the credit on your next win. •Say thank you to those grinding at the store level. Positive affirmations change culture!
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@QSRguy Man this made me realize how much of a bubble California is. I haven't seen anything like this around at all, but looks like its exploding
I didn't make the Gala this weekend. I had other plans My son got his degree. He graduated from college. He didn't just graduate he graduated Magna Cum Laude. It was a special moment for us. My wife and I never made it through college so to see this was emotional For his…
@QSRguy I wouldn’t want to belong to any club that would have me as a member. Except the loyal order of moose they seem pretty chill and they wear sweatsuits
@QSRguy @jonathanmaze The heating for the units upstairs.
No living with me now.
🎉 Congratulations to Jonathan Maze, Editor-in-Chief of @RB_magazine, for winning the G.D. Crain, Jr. Award at the 2024 Neal Awards! 🏆 Your outstanding contributions to the restaurant industry are truly commendable. 🍽️👏
👀
CDG 🤝 @BillAckman Great chatting about markets, cars, economy and the future of our country. 🇺🇸
One more, for the ladies of RETwit [now REX?] 💃 Thanks again @BobKnakal @realEstateTrent @Agora_RE1 @CREXinc @Placer_ai
Opco/PropCo!
Blackstone’s acquisition spree in the franchise space is interesting to me. I have a strong feeling something much larger is at play.
CANNOT express how much it meant to have the folks from x witness firsthand the magic of the real estate x community! So much going through my mind right now after one of the most incredible days of my life. So much to say. All I can think of at this moment is: So grateful
Great to be back at my old stomping grounds in Manhattan for a few days. Met with some colleagues from @X and had an incredible time at the RealEstateX Gala. Thanks for having us @realEstateTrent!
@QSRguy Lease your own commercial vacancies with your own franchisees. Easy way to double end a deal.
@QSRguy They get it. Real estate investors have been getting 8-10% of sales as rent forever, now they’re realizing there’s another 15-20% of profit on the other side on the business and even more if they own the businesses and franchisor. They want the entire Apple
@QSRguy Does does Tropical own any real estate? Can’t help but think it may be part of their strategy
@QSRguy I think they are wanting to get more into the middle market biz space. There's good margins and reliable revenue with lots of brands that aren't on Wall Streets radar.
@QSRguy Capital light model. They buy a brand with an operating system while franchisees build the business on their own dime. Huge runway for international growth plus further domestic.
Blackstone’s acquisition spree in the franchise space is interesting to me. I have a strong feeling something much larger is at play.
@QSRguy The 7 Brew acquisition is going to be a big winner for them. Huge runway taking market share from Starbucks and others. Anxious for all to see the numbers in the new FDD when it’s released soon.
Big news today as Blackstone is under contract to buy Tropical Smoothie Cafe. 💰🌴🍍 @franchisewolf @blackstone
Only 1,352 SoFresh locations to go…
It's official: Tropical Smoothie Café gets acquired by Blackstone 💰 Founded in 1997, the franchise had 1,372 locations at the start of the year. The average location does ~$980k in revenue, which generated ~$76M in royalty revenue in 2023 (+15% YoY). Hell of a business
Follow along to watch us roll out restaurant-quality fries without the junk! No seed oils. Just potatoes, healthy fats, and spices. Some big announcements coming soon 👀
THE BIG REVEAL Introducing Jesse & Ben’s - a better tasting fry that’s actually better for you We’re turning junk food into joy food Lots more to share as we get ready to launch, but had to give a sneak peek 👀👀👀
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