Shalin Patel

38 posts

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Shalin Patel

Shalin Patel

@shalinhtx

from 1 restaurant to 150+ in 3 brands

Houston, TX Katılım Ağustos 2021
632 Takip Edilen444 Takipçiler
Nicolas Boucher
Nicolas Boucher@BoucherNicolas·
How can you use AI for Finance? Here are the 5 stages you need to go through: 1. Beginner 2. Basic 3. Intermediate 4. Advanced 5. Master Want to learn to see the AI roadmap I've prepared live? Comment "AI CFO" and I will send you the personal invitation.
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Nicolas Boucher
Nicolas Boucher@BoucherNicolas·
During the last couple of weeks, many CFOs told me they want to use more AI but don’t know how. This is why I've prepared a webinar for you. Here is what you will learn: - How to use AI for financial analysis - How to use AI as a CFO - How to deal with data - Which tool to use - Future of AI Comment "AI CFO" to receive the link to register.
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Shalin Patel
Shalin Patel@shalinhtx·
@FranchiseMnA We do not use Ebitdar for valuations but it is important to use to calculate the LALR covenant as your Ebitda gets large enough. Many banks lend on the LALR at a certain size.
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JT Singh
JT Singh@FranchiseMnA·
Why does anyone in legacy QSR think EBITDA(R) is a metric worth looking at for acquisitions? If I'm looking at an acquisition with an established location and long term lease, backing out rent doesn't make any sense Just inflates the numbers and makes me mentally have to do additional math. My offers will never ever ever be based on EBITDAR @TRUmav @MUnitfranchisee light me up
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Tanner Webster
Tanner Webster@twallyweb·
Talked to the owner of a local debt fund today. They just raised another $100M to allocate to construction loans because their volume is up 200% yoy, and they’re still getting to 70-80% LTC. Good business to be in these days.
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Hasan Toor
Hasan Toor@hasantoxr·
AI can make your life super easy.. That’s why I prepared a free doc file for you. You will get: - 700+ AI tools - 100+ No code tools - 200+ ChatGPT prompts • Follow • Reply "free" I'll DM you
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The Wolf of Franchises 🍟
The Wolf of Franchises 🍟@franchisewolf·
When Shalin Patel acquired his first Little Caesars, he had to move 2 hours away from home and live out of a motel for a year. Fast-forward to today - he owns 79 Little Caesars and 28 Wingstops.
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QSR Real Estate
QSR Real Estate@QSRrealestate·
SUMMARY: 1. Buy Land: $500,000 2. Build Restaurant: $1,700,000 ***All-In Costs to QSR = $2,200,000 4. Sale-Leaseback Proceeds: $2,327,000 5. Sale-Leaseback Gain to QSR: $127,000 QSR builds restaurant, pocks $127,000, and now has a 20-year lease, paying $128,000/yr to Landlord.
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QSR Real Estate
QSR Real Estate@QSRrealestate·
Q: How can a QSR operator can build a restaurant for $0? A: The Sale-Leaseback 🧵⬇️
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StripMallGuy
StripMallGuy@realEstateTrent·
It’s one of the first things many people buy when they become wealthy. Not referring to houses, cars, jets, expensive vacations, or anything cosmetic. It’s one of the most important things they will ever do, and it’s rarely discussed. Any guesses?
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Multifamily Madness
Multifamily Madness@MultifamilyMad·
Do people only buy triple net lease properties with cash, 1031 money or 50% LTV to meet DSCR?
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Apurva Sanghavi
Apurva Sanghavi@apurva212·
Under contract for our 2nd Storage Facility in TX!! This one is a much bigger facility right around 400 units, 67K SQ FT, we have room for expansion and its been run as a mom/pop (on site manager, offline systems), but its in fantastic condition…
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Restaurant Takeover Guy
Restaurant Takeover Guy@SameStoreGuy·
1/n The ideal number of restaurants to own? I think it is ~20 (15-25) I have been part of an ownership team that owns 1-3. I have also been part of a team that owns 100+ Thread 👇
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Shalin Patel
Shalin Patel@shalinhtx·
@IvanBROsky Correct. We did it the hard way for the first 60. The rest have been a combo. Ours our mainly inline.
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.@IvanBROsky·
@shalinhtx By "organic," do you mean BTS leases/development (no acquired units from other franchises)?
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Restaurant Takeover Guy
Restaurant Takeover Guy@SameStoreGuy·
@shalinhtx Congrats! That's an awesome point. One of the tough things about operating a small number is the inability to provide upward mobility and make a place for really good people
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