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Otherwise, they get rose-colored glasses about success in the home market and assume it will equate rapidly. You pointed out expecting 5070% volumes. That's sobering. I've even seen cases where it's simply 2530% at launch. It highlights how crucial capital structure is. Yes. Most small growth principles like ours rely on equity, not debt.

Freddy's Frozen Custard & Steakburgers

You require equity sponsors who believe in the vision and the group. That's pricey, however it develops vital mass, builds awareness, and justifies above-store leadership.

Freddy's Frozen Custard & Steakburgers

At Chop Store, we intentionally developed strong bases in Phoenix and Dallas first. That offered us the profitability to withstand sluggish starts in Houston and Atlanta. And we were lucky that Dallasour 2nd marketwas also where our group lived. Having the entire team in-market to support stores, hire, and ensure culture was substantial.

Freddy's Frozen Custard & Steakburgers

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Individuals typically underestimate how vital team is to scaling. How have you approached structure and scaling your group? This is something I'm truly happy with. Our team took all the important things we disliked from past jobsfeeling underappreciated, underpaid, growth-stifledand built the opposite culture here. We highlight growth state of mind and career pathing.