The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
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every show 44 of 44
Wingstop's private equity buyers diverted cash flow to avoid paying Swad's note
“Instead of using the money to make the payment to me for the company that I built, they took the money and they built corporate stores with it, which was adding to the intrinsic value of the company. They were bonusing themselves. If it ever looked like at the…”
Swad sued Wingstop's buyers to recover the $12 million owed on his note
“Well, me and that one lawyer, we sued him. And keep in mind, they owed me twelve million dollars. Okay, that's a lot of money to a young, young man from Ohio who started off at the dish machine, you know. So I sued him. I sued him for my money.”
Pizza Patron's controversial 'Pizza for Pesos' promotion catalyzed massive global publicity
“Got a lot of attention, global attention, and it catapulted the brand and the franchising program into a light. I couldn't have Couldn't have bought that much publicity at any price, and that, and that's when we really started to go, but it galvanized that cus…”
Swad settled the Wingstop lawsuit out of court and recovered every penny
“We ended up settling the We never went to court. I eventually got every penny.”
Swad's second Pizza Patron location generated a profit from day one
“That store from the beginning got off to a great start and produced profit from the first day.”
Swad paid 55 cents per pound for whole chicken wings in 1994
“I, when I first got into the Wing business. I was, I paid 55 cents a pound for whole wings.”
An order of 10-piece wings cost $2.99 at Wingstop's 1994 launch
“When we opened the store, 10 piece, 10 piece wings was two 99.”
Wingstop franchises cost approximately $125,000 all-in to build and open in 1997
“But even saying all that, all in, you could open a store at that time for about a 125,000 dollars.”
Swad's original company-owned Wingstop location eventually eclipsed $2 million in annual sales
“The store that I owned, it quickly continued to grow, eclipsed a million dollars in sales. By the time the franchising program was in full swing, the store was doing well over a million dollars a year, and eventually the store did over two million dollars a ye…”
Pizza Patron had roughly 100 locations when Swad sold the company
“When we, when I sold the company, it was right at a hundred.”
In 1980s Dallas, hand-drawn notebook sketches could secure commercial building permits
“Back in those days, you know, it's a lot different. You could literally go into the city hall with a drawing you made yourself on a piece of notebook paper and walk out of there with a building permit.”
Domino's refused to deliver in the Dallas neighborhood of Swad's first store
“Domino's, Wouldn't deliver in this immediate area because it was too dangerous.”
Swad strategically opened his second Pizza Patron in Dallas's densest Hispanic neighborhood
“After being open a little more than two years in that first location, I was able to open a store number two, and this time, instead of being the second densest Hispanic neighborhood, I looked for a location in the first most dense area of Dallas called Oak Cli…”
Swad wore a Ponderosa Steakhouse uniform under his high school graduation gown
“I was in the restaurant business since I was 15, and I remember graduating from high school, and I had my Ponderosa Steakhouse uniform on under my cap and gown, and as soon as the ceremony was over, I went straight to work and pulled my shift.”