Hospitality Juan

Franchise M&A.
Former hotel operator and entrepreneur

[Hospitality Juan @FranchiseJuan]

@McFranchisee @MichaelSMarlowe @McDonalds When you say dining room, do you
mean most of that $1m goes to furniture, tile, screen, lips, etc in customer area? Not kitchen equipment or tech upgrade? Would assume that is more expensive

[Hospitality Juan @FranchiseJuan]

@QSRguy You think this applies to any brand?

In our brand, 5 avg stores can be nok efficient amount to own. You are big enough that you can’t be anywhere at once to oversee ops but not big enough to get actual admin support/well paid DM. 5 good stores would be a different story

[Hospitality Juan @FranchiseJuan]

@gnufs Care to expand? I see it as a positive if MCD thinks franchisee will operate the stores better and with higher SSS.

1,000 stores remaining is enough scale to continue learning from your own operations

[Hospitality Juan @FranchiseJuan]

@enovinson @MichaelKudrna The franchisor can set requirements to approve a sale (equity requirements, ops experience, financial ratios (LaL, Net debt, EBITDA, etc)) but yes. A franchisee should be able to sale their business. Which means selling the franchisee agreement and lease to a third party

[Hospitality Juan @FranchiseJuan]

@pitdesi Bought this one recently, loved it so far. https://t.co/azHxEarVYG

[Daniel Di Martino @DanielDiMartino]

Pray for Venezuela

7.1 degrees earthquake

[Hospitality Juan @FranchiseJuan]

@broc_at_TSF @adamwasch What about inventory? You pay extra for it in addition to acq price?

[Hospitality Juan @FranchiseJuan]

@SmokeAwayyy @grok when did Google/Alphabet invest in SpaceX?

[Hospitality Juan @FranchiseJuan]

@glutenfreeperc I do this 95% of the time and drives my gf crazy. Not intentional, we might be born this way.

[Hospitality Juan @FranchiseJuan]

@realEstateTrent A national burger brand is probably in the same mall/area

[Hospitality Juan @FranchiseJuan]

@ibuyrvparks Question - Can you buy market/sub market reports from STR for outdoor concepts? I have done feasibility studies for branded and independent hotels. Curious about your tools/resources for an outdoor development feasibility study

[Hospitality Juan @FranchiseJuan]

@adamwasch Can’t agree more