Raising Cane's

“Same thing we opened in the Middle East. It took two years to get the supply chain just right to make sure it tastes just the same. Two years to do that. Took two years to procure the chicken. Two years to get all the ingredients right.”

“Our frequency is just as high. Is any other quick service restaurant, meaning how many times somebody comes back in a month period of time.”

“People go back and get their same sauce. They might come try it one time, and then it's also slowing down their order process and slowing down turnover time and all that stuff, and then they go back to the same sauce.”

“Every two seconds that I can get faster is a point on sales. So let's just say just roughly one percent. If we do six billion in sales this year, what's one percent, six billion, that's six, sixty million dollars in sales you can do if you can tweak that, that…”

“We're number two on average unit volumes in quick service restaurants, Chick-fil-A than us. And I think McDonald's might be a million behind us or per unit per restaurant, all the way down to our, a lot of our competitors are like a third of what we do sales w…”

“We got 75,000 crew members across the system.”

“We're closed on every major holiday.”

“We're two minutes, 35 seconds, drive-through and counter service, right?”

“Someday when I clear debt, I'm like a three billion dollars in debt now, eventually with our growth, you know, as we go, God willing, we'll go, and then we'll be able to pay down debt, and we'll have, when I have this free cash flow coming out, and doing, we'r…”

“Going from one to two is, is your hardest step you'll ever have, then two to six, and six to 12, and all those growth stages are there”

“We open up 30 days after the Storm. Other restaurants didn't open in, like, 90 days.”

“So we got way more efficient. We bought them out. We actually operated at 95. Sales went up in all the franchise markets. So literally sales went up, wages went up, everything went up, and it actually improved out better.”

“We're trading on, not trading, we don't trade, but we're valued on over 20 times EBITDA, those company restaurants. Go into that. So the profitability that comes into all of it gets on that, that higher multiple. That's why we have the twenty billion plus valu…”

“So, I say you don't delegate, you hire great people, you help them and do it, and if they do it better than you, then you can back off, and you make sure all those components of the business, look, I'm not great at IT, I have an exceptional IT team. They do it…”

“Wherever I can. Absolutely wherever I can, I do. Just good real estate, a quality real estate. It's just, there's so many people that own it. It's part of larger shopping centers, larger developments. A lot of it's in trust, you know, family trust and things l…”

“If you're sales driven, you're going to do exceptional customer service. You're gonna have more people on shift, right? And then cutting it shorter to try to save labor. You're going to, ah, you need highest quality products to do craveable, all those things t…”

“And then we made 30 dollars the first month. That's what we made.”

“We're doing well if we make 10 cents on a dollar.”

“That professor gave you the worst grade in the class, which is classic but it was only a B minus. The rumor went out that it was a failing grade and all this stuff is, but he was, he actually said a little greater, but he said, no, the plan was great. Like lit…”

“21 out of the, 21 out of the 28 were down from either power to damage to flooding to whatever it was, and so no cash is coming in.”

“I got a small SBA loan for 90,000, for 90,000 dollars. I'd raised equity in a sense of, like, 60,000 dollars with original shareholders”