Brandon Marshall
š¤ SpeakerAppearances Over Time
Podcast Appearances
And so, boom, I entered into commercial real estate, the lease, and I tried to back out, because the construction price was high.
And for those who don't know, it's hell to get out of a commercial lease.
Ours is 10.
It's tough to get out of that.
And so once I made an offer to get out, I offered like 300K.
Just to get out?
Just to get out.
Just to get out.
Like, yeah, here's 300 bands, just to get out.
And they was like, nah.
nah because the total term was like a million for the 10 years yeah so there's like you're gonna have to offer more or whatever i was like man if i'm gonna offer 500k i might as well just put it towards it and see and see what it does yeah and so i just went all in holy crap yeah that's a big investment yeah no for sure but having no experience before none bro zero geez you're signing up for a 10 year you know a lot of businesses fail within the first uh year or two right
Yeah, for sure.
A lot of restaurants fail within the first year.
Then most of them, I think 90% maybe fail within the first five.
If you can make it past five years, first of all, a year is a milestone regardless.
even I know, I had to come out of my pocket to make payroll a couple times.
You know what I'm saying?
I had to come out of my pocket to, obviously, for cost of goods and stuff like that.
And so, luckily, I don't have to live off this right now.
That is a blessing because the owner operators that are counting on the money from their restaurant to live on, it's tough.