Building a Successful Restaurant | LoL # 14
Description
What does it take to launch and scale a thriving restaurant business? In this episode, the Lords dig into the real-world challenges, hidden costs, and strategic thinking behind building a successful food and beverage concept. Whether you’re dreaming of opening your first café or scaling your third location, this conversation covers what it really takes—from startup costs and SBA funding to operations, brand building, and long-term growth.
📌 Timestamps:
00:00 – Intro: Restaurant business isn’t for the faint of heart
01:15 – Shane’s restaurant background and hard lessons
04:22 – Startup costs: what most people underestimate
07:35 – SBA loan structure for food and beverage concepts
10:42 – Brand, vibe, and concept: the recipe for traction
14:05 – Lease terms, equipment, and location considerations
17:12 – Hiring and staffing in a high-turnover industry
20:40 – The systems behind successful operations
24:30 – Passion vs. profit: which comes first?
28:02 – Real challenges: debt, seasonality, and cash flow
31:44 – Advice to new operators looking to launch
35:10 – Wrapping up: where great restaurant owners focus