How to Turn One Restaurant into a National Brand | Ep 857
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This is Calvin and Ayer, a husband and wife duo that run a Thai restaurant that does $3.5 million a year and has lines out the door, but they're opening up their second location next month and they're not ready. If they mess this up, they could lose their savings and the reputation they spent years building. I'm Alex Remozzi, I own acquisition.com, a portfolio of companies that generate hundreds of millions of dollars a year. Earlier in my career, I sold a service business for $46.2 million that helped brick and mortar businesses like theirs scale. So I'm excited to help Calvin and Air open their second location, get one-time customers back more frequently, supercharge the reviews, and a whole lot more.
Hi, Alex, how you doing? My name is Calvin, and this is my wife Air. Hi. Welcome. We're the owners of Basilinco Thai Cuisine in Diamond Bar.
2024, our revenue was $3.5 million. Gross profit was uh $670,000. Our net margins was 19% and served over 100,000 guests last year. First impressions.
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