cc_countryclub @countryclub_cc
switched twitter account to anonymous 👻 building the best club in the world 🌎 owner of multiple smb. countryclub.online Scottsdale, AZ Joined February 2023-
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Everybody on twitter knows me for my QSR restaurants… very few know about my logistics company. The tides are turning my friends. At this time next year SmB twitter will be dead and somebody will be tweeting “Top 10 Ways for Small Business Owners to Survive” I can’t wait 😜 🥂
You can make millions being a multi-unit franchisee Unfortunately most single-unit franchisees buy themselves a job The 3 biggest reasons franchisees fail to scale:
No matter how smart or successful we may think we are, there’s someone out there smarter & more successful. That’s why I love Twitter. If we set our ego aside & let go of any opinions we may have, we can learn an absurd amount. Let’s take advantage of it.
@CRE_Legends @eatSTK @utahjazz @RestaurantWill @kevinmoss @7_Bert @MalcolmJess @ddshashy @FLRetailPro @Bethazor1 Maybe a team of 5 QSR guys can fill it up for ya. We each take 1k…What do you think @MUnitfranchisee @seejayadams @countryclub_cc @ceoCrawley 😂
Unless you have a high volume unit or two, you have to scale to make real $ in franchising 10+ units can make you comfortable depending on the brand after the debt is paid off 20+ units can make you rich 100+ units can make you wealthy
How I valuate restaurants: First, we're going to make some assumptions here due to limited info-we're going to assume that what they have posted is accurate. Normally, this is a poor assumption, but it's all we have. My first step is looking at cash flow. I ran a poll a…
Found out from my bank today that my net worth crossed 8 figures💰($10,182,689.12) to be exact… I didn’t take a photo in front of my cars or charter a jet to Dubai. Instead I spent $15 bucks at @CrumblCookies and made a mix…. 🥃 #liveyourlife #enjoyityourway #respect4biztwit
There’s folks on twitter who continue to add top tier value for their followers no matter how “big” they get… There are also people on twitter who get big and begin to add no value for their followers and start keeping all the value for themselves. Anyone want to start a list?;)
“Pro Tip” for all the new business buyers. a good deal is always a good deal, a bad deal will always be a bad deal… Regardless of the current economic conditions, stick to your metrics and trust your diligence. Don’t get pressured into doing something you know is not right 💰
Billion Dollar Question🙋♂️❓ Why does everyone on twitter want to die on hills? ⛰️ 🪦
3 days ago 👇 @hkuppy @INArteCarloDoss @agnostoxxx
If you don’t have cash 💵 to buy a biz and need seller financing! Here’s a tip💡 Study purchase price allocation and use it to your advantage. Sellers who normally won’t entertain holding a note 📝 may consider your deal if you allocate the purchase in a favorable way for them⭐️
4th acquisition of the year! Teriyaki Madness 🎊 🔥 Sneak Peek at how I value QSR’s 🫣 100k Cash 💵 Seller Carries 400k @ 6.5% for 60/mo Paid 3X SDE/ 4X BDE Screenshots Below. Ask me any questions?
QSR question time ❓❓❓ What % EBITDA did your most profitable restaurant generate in P2?
Elite MBAs: “Buying an enduringly profitable small business is the best path to wealth and (eventually) a high quality of life. You should read this book called “The Harvard Guide to….” Main Street Joes: “You’re just figuring this out now?”
people ask how I’ve bought so many businesses with no bank loans and ZERO money down 💰 Simple Answer: Become an expert on valuing businesses, provide the seller with a fair value, be the solution for their exit, submit the offer. What’s the worst they can say? No? 🤷🙌
Flew to Palm Springs to celebrate my latest deal 🌟 If anyone wants to join at JW marriott this wknd in Desert Springs golf and drinks are on me ⛳️ 🥃 🏜️
LOI ACCEPTED today for my 4th franchise restaurant in 2023🎉 Brand is Teriyaki Madness. Store does 1.3mm sales w/ 8 employees. I’ll be sharing more info soon on this brand and the deal breakdown. Cheers 🥂 #4down6togo
If I was a business broker I would get ZERO listings. Why you ask!? Because I would value smb’s at 3x-4x and have seller’s go to tell me to FLY A Kite 🪁 Then stand on the sidelines as Transworld advisors list for 6x and sell 24 months later for 3-4x…🙇🏻🙇🏻🙇🏻
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140K Followers 264 Following Speculation is the search for truth in price and time. Not investment advice - just personal views. Blog at https://t.co/DD2iUKbdLzOur 4th acquisition loan of 2024 year is closing today! The borrower is doing an industry roll-up and this is their 3rd and largest acquisition. They had 2 existing SBA loans for the prior acquisitions, and those lenders didn't want to lend above a certain $ amount without RE…
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I've mentioned this before, but the reality is, 200+ years from now, no one is going to remember any of us. So I think of legacy as the good we do and the people we impact in the here and now. How do you judge your legacy?
Yesterday marked my final board meeting as a Startup Sioux Falls board member. After six years on the board of Zeal/Startup Sioux Falls, I am term-limited off. When I created @startupsiouxfalls as a standalone organization almost five years ago, I never had any idea I was…
Let’s stop the BS message that it’s almost impossible to get better than market returns on your money. Yeah, if you are playing a game where you don’t know the rules and can’t play it better than anyone else, you are going to get average or below average results. You easily can…
23-yo investors on twitter who confidently think they've found a way to beat the market
HoldCo owners just haven’t found a good enough business to make a concentrated bet on.
Startup = Concentrated Bet HoldCo = Diversified Portfolio Which path would you take?
Think really hard about what games you are playing in life and ask yourself if it’s really worth the effort to win them. Building a massive personal brand? Okay, but why? Trying to become an Olympic athlete? Okay, but why? Trying to become a billionaire? Okay, but why? As I…
This freight recession is unlike any other in history. The reason: freight brokerages play a far more significant role in the trucking market than they did during past freight recessions. freightwaves.com/news/freight-r…
Six months ago, NPR left twitter. I don’t think anyone noticed. Shows you how relevant NPR is these days.
World class athletes, investors & CEOs all have coaches. Doesn’t matter how great they are, they always strive to get better. If they have coaches, so should we. Getting a coach is a start, but actually being “coachable” is what changes the game.
If you see someone making a massive amount of content online about their businesses, their real business is building an audience and selling business advice to their audience. People who have real businesses aren't tweeting all f*ing day about their business. They are busy…
Nothing I say should be construed as investment advice. I do not know your circumstance and so pls treat my tweets as nothing more than what my thoughts are & what I’m doing with my own money.
$panr $pthrf #panr #kodiak #ahpun #oott Summary and webinar date: a live presentation relating to the Kodiak Field via Investor Meet Company on 14th Sep 2023 at 5:00pm BST. investormeetcompany.com/pantheon-resou…
Sweaty startups are mostly B.S. The idea that you can easily find brick and mortar businesses for sale, acquire them with little or no money out of pocket, hire a manager to run them, and operate them profitably isn’t a common thing. At all.
The point of this week's WSS is (and has been) is don't let the equity alone stop you. If needed, bring in investors. If not, be creative and work with your Lender to figure out a strategy that works for you Please like and share if you found value in this thread @sbabmarks
FranTwit! My friend started a private network only for brick-n-mortar multi-unit franchisees that I want to share. It’s been useful to quickly run things by other franchisees. They’re also always sharing new super helpful franchise research Check it out frantable.com
Here’s the secret to buying a business for free. The “Sale Leaseback Free-Roll”. 👇
We operate 400 QSRs - a few different brands. The range in store level profit is pretty wide: -Average Location: $200,000 annual profit -Best Location: $975,000 annual profit 💪 -Worst Location: $330,000 annual loss 😧
So I analyzed a bunch of large fast-food chains using @technomic data on average unit volumes in 2012 and 2022. Then I calculated where those 2012 AUVs would be today if the brands simply kept pace with inflation. Interesting results. But look at Cane's. restaurantbusinessonline.com/financing/thes…
My newest agency, ViralCuts, is going to hit a $1m run rate within its first 30 days. Here's a story about how I convinced @Codie_Sanchez and @thesamparr to come on a crazy journey with me...