The tax law, passed almost a year ago, isn’t so new anymore. Let’s take what we’ve learned over that time and apply it to ideas for structuring your restaurant business. 1. The Lower Tax Rate for C Corporations. We don’t want to get overly enamored with the lower C corporation tax rates, but they are […]

The Bungalow Club is what I would call the prototype for a successful neighborhood restaurant. It’s located at 43rd and Lake Street just before you cross over the bridge to St. Paul and occupies the place previously known for a number of years as The Craftsman Club. They have taken the existing space and used […]

I have been very confused by the high valuations certain QSR concepts are obtaining on sale. After working in the restaurant and franchise marketplace for almost 40 years, I have seldom seen EBITDA multiples this high. There was a significant uptick during the securitization years of the ‘90s, but to see the kind of multiples […]