Neil Freiman
speaker
20,967 appearances
117 recordings
2 series
first heard Feb 2025
last heard yesterday
Neil Freiman’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 115 in all, peaking in Jul 2026 with 22.
Appearances
Cost of labor is super high.
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You have to pay insurance.
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You have to pay rent in New York City.
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The margins are very low when it comes to the food industry.
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So if you want to expand...
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Sometimes it's impossible not to take outside capital, which we know the young people have branded private equity, no matter what kind of outside capital it is.
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Those are the people with the money.
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And if you're Papa Bagels and you're seeing so much success in southern Connecticut and you want to expand in New York and all of these other places that now have Papa Bagels, that's just one example.
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You kind of have to go to get somebody to write a check to you, and then you will be branded as selling out to PE by Gen Z. But they're definitely in a pickle when it comes to expanding.
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You could grind it out with low margins for a lot of time.
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And you know what?
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A lot of restaurant chains have done that.
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But if you do want to plot your nationwide expansion, then you do have to kind of go to private equity and say, please, I want some of your money.
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However, almost half of the bars and restaurants that filed for bankruptcy just two years ago in 2024 were backed by private equity.
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I'm thinking things like California pizza kitchen.
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All
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love CPK and then red lobster in 2024.
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They were seen as PE being the death knell of them because you often saddle these companies with a lot of debt and maybe make them do an endless shrimp promotion, uh, to pad your bottom line or pad your supplier.
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Uh,
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So it does come with a lot of strings attached when these companies go to private equity and say, I want you to help me expand.
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Showing 541–560 of 20,967 · page 28 of 1049
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