Apr 03 2024 33 mins
Jonathan Klunk speaks with guest Stephanie Gilezan, a partner at Capital Connect, a business brokerage, and an expert in restaurant franchises.
They discuss the benefits of purchasing an existing restaurant franchise, such as instant equity, avoidance of complicated startup costs, and established brand credibility. They touch on the opportunities that lie within aging baby boomer-owned companies as potential establishments to acquire.
The discussion further includes how banks approach financing for this kind of investment and the potential for owner financing options. The episode also discusses the importance of proper tax structuring and how it can enhance the net income of a business. Stephanie emphasises the value of experienced teams performing more in-depth analysis of opportunities and valuations prior to purchasing businesses.
(00:30) The Benefits of Purchasing an Existing Restaurant Franchise
(00:59) Comparing Startup Costs: New vs. Existing Businesses
(01:24) The Impact of Baby Boomers on the Restaurant Space
(01:55) The Challenges of Building a Brand from Scratch
(02:44) The Advantages of Purchasing Existing Franchises
(03:43) The Importance of Hiring the Right General Manager
(04:33) The Potential Savings of Purchasing Existing Franchises
(04:59) The Challenges and Rewards of Building a Business
(05:58) The Impact of Generational Wealth Transfer on the Market
(06:45) The Possibility of Passive Investment in Franchises
(08:10) The Importance of Having the Right Team in Place
(10:00) The Potential Pitfalls of Independence in Business
(17:24) The Role of Tax Structuring in Business Valuation
(20:27) The Financing Options for Purchasing Existing Franchises
(27:42) The Impact of Proper Tax Structuring on Business Value
(32:17) Conclusion and Contact Information
Reach out to Stephanie
Facebook: https://www.facebook.com/gilezanglobal
LinkedIn: https://www.linkedin.com/in/stephanie-gilezan/
Instagram: https://www.instagram.com/gilezan_global/
Email: [email protected]
More about Stephanie Gilezan
Stephanie Gilezan began her Real Estate career in 1999 at 21 years old. She has specialized in Commercial, Land Development, Asset Management, Industrial, Distressed Assets and Hospitality since her start. Throughout her career, Gilezan has transacted over 10,000 Real Estate and Business transactions across the nation and in multiple countries. Fueled by her passion to disrupt and improve the industry, Gilezan has dedicated herself to education and collaboration while building a strong team which has done more than 3 billion in volume.