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Otherwise, they get rose-colored glasses about success in the home market and assume it will equate quickly. You pointed out expecting 5070% volumes. That's sobering. I've even seen cases where it's just 2530% at launch. It highlights how vital capital structure is. Yes. A lot of small development ideas like ours count on equity, not debt.
You need equity sponsors who believe in the vision and the group. That's expensive, however it creates critical mass, builds awareness, and validates above-store management.
Commercial Growth Through Hospitality ExpansionAt Chop Shop, we intentionally constructed strong bases in Phoenix and Dallas initially. That provided us the success to hold up against sluggish starts in Houston and Atlanta. And we were lucky that Dallasour 2nd marketwas likewise where our group lived. Having the whole team in-market to support shops, hire, and make sure culture was substantial.
People often ignore how important group is to scaling. How have you approached structure and scaling your team? This is something I'm truly happy with. Our team took all the things we hated from past jobsfeeling underappreciated, underpaid, growth-stifledand built the opposite culture here. We emphasize development state of mind and career pathing.
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