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Jeffrey Zurofsky

๐Ÿ‘ค Speaker
199 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 85: Going from 1 To 17 Restaurants and Landing a Bravo TV Show with Jeffrey Zurofsky

But, you know, on average, let's put it this way.

SaaS Interviews with CEOs, Startups, Founders
EP 85: Going from 1 To 17 Restaurants and Landing a Bravo TV Show with Jeffrey Zurofsky

You're a unit economics.

SaaS Interviews with CEOs, Startups, Founders
EP 85: Going from 1 To 17 Restaurants and Landing a Bravo TV Show with Jeffrey Zurofsky

So there's corporate overhead and there's other costs that, you know, you go to run the business.

SaaS Interviews with CEOs, Startups, Founders
EP 85: Going from 1 To 17 Restaurants and Landing a Bravo TV Show with Jeffrey Zurofsky

But on the actual unit, you should be somewhere between 25 and 30 percent.

SaaS Interviews with CEOs, Startups, Founders
EP 85: Going from 1 To 17 Restaurants and Landing a Bravo TV Show with Jeffrey Zurofsky

EBITDA.

SaaS Interviews with CEOs, Startups, Founders
EP 85: Going from 1 To 17 Restaurants and Landing a Bravo TV Show with Jeffrey Zurofsky

And what we call it in the business is sleep-a-da, store-level EBITDA.

SaaS Interviews with CEOs, Startups, Founders
EP 85: Going from 1 To 17 Restaurants and Landing a Bravo TV Show with Jeffrey Zurofsky

No, store-level EBITDA and sleep-a-da is what it's called in the business.

SaaS Interviews with CEOs, Startups, Founders
EP 85: Going from 1 To 17 Restaurants and Landing a Bravo TV Show with Jeffrey Zurofsky

So at the end of the day, if you've got units that were generating somewhere in that range of percentage, then

SaaS Interviews with CEOs, Startups, Founders
EP 85: Going from 1 To 17 Restaurants and Landing a Bravo TV Show with Jeffrey Zurofsky

you knew that you could keep opening those stores and, and they would, uh, they do well.

SaaS Interviews with CEOs, Startups, Founders
EP 85: Going from 1 To 17 Restaurants and Landing a Bravo TV Show with Jeffrey Zurofsky

Yeah.

SaaS Interviews with CEOs, Startups, Founders
EP 85: Going from 1 To 17 Restaurants and Landing a Bravo TV Show with Jeffrey Zurofsky

They do well.

SaaS Interviews with CEOs, Startups, Founders
EP 85: Going from 1 To 17 Restaurants and Landing a Bravo TV Show with Jeffrey Zurofsky

And then you keep performing, uh, then you could keep growing, uh, corporate overhead.

SaaS Interviews with CEOs, Startups, Founders
EP 85: Going from 1 To 17 Restaurants and Landing a Bravo TV Show with Jeffrey Zurofsky

So I have to say that part of the challenges is as you grow, it's how fast you grow while putting on, you know, new units that also have the challenges of

SaaS Interviews with CEOs, Startups, Founders
EP 85: Going from 1 To 17 Restaurants and Landing a Bravo TV Show with Jeffrey Zurofsky

team members and turnover and culture and, and, you know, creating, creating a healthy business.

SaaS Interviews with CEOs, Startups, Founders
EP 85: Going from 1 To 17 Restaurants and Landing a Bravo TV Show with Jeffrey Zurofsky

No, sorry.

SaaS Interviews with CEOs, Startups, Founders
EP 85: Going from 1 To 17 Restaurants and Landing a Bravo TV Show with Jeffrey Zurofsky

So that's a, that's a store.

SaaS Interviews with CEOs, Startups, Founders
EP 85: Going from 1 To 17 Restaurants and Landing a Bravo TV Show with Jeffrey Zurofsky

Yeah.

SaaS Interviews with CEOs, Startups, Founders
EP 85: Going from 1 To 17 Restaurants and Landing a Bravo TV Show with Jeffrey Zurofsky

That's store level on just the restaurant, but then you got to bake in all the corporate overhead on a, you know, sort of on a multi-unit

SaaS Interviews with CEOs, Startups, Founders
EP 85: Going from 1 To 17 Restaurants and Landing a Bravo TV Show with Jeffrey Zurofsky

basis.

SaaS Interviews with CEOs, Startups, Founders
EP 85: Going from 1 To 17 Restaurants and Landing a Bravo TV Show with Jeffrey Zurofsky

Right.