Todd Graves

19 statements across 3 episodes · 7 bullish · 1 bearish · 1 people on the record · first statement Apr 25, 2022 by Todd Graves · said 1 times in 1 episodes since 2025 · across every show →

On the record as a speaker too: Todd Graves's record, appearances and statements → this page counts the times other people say the name.

Mentions by year

brought up most by Joey Cornell (1)

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Everything said about Todd Graves, oldest first

Apr 25, 2022 neutral
Assertion Not checkable as stated
Graves funded the first Raising Cane's with boilermakers, realtors, and a bookie
“Two of my investors were bowler makers that I had worked with. They live, these are like, 10,000 dollar investors, 5000 dollar investors. One was Mr. Red Reynolds, our realtor. Another one was a high school friend that actually worked bullermaking with me out …”
Todd Graves Apr 25, 2022 ▶ 45:09 Raising Cane's: Todd Graves
Apr 25, 2022
Insight
Graves: Single fast-food locations cannot build wealth without multi-unit scale
“Quick service restaurants make tiny margins on large volumes. It's just what it is. And look, you can have a whole family working in a restaurant, and I know a lot of great Family restaurants that do that, so you lower your labor cost, and everybody kind of li…”
Todd Graves Apr 25, 2022 ▶ 57:12 Raising Cane's: Todd Graves
Apr 25, 2022 positive
Assertion Not checkable as stated
Graves: In-N-Out succeeded since 1948 while resisting competitor menu expansion
“Since 1948, they've been doing this, so if you imagine, as all the other burger competitors, you know, they all opened around them, and they added everything, and did everything, but since 1948, In-N-Out Burger's been doing the same thing, and doing extremely …”
Todd Graves Apr 25, 2022 ▶ 38:28 Raising Cane's: Todd Graves
Apr 25, 2022 positive
Assertion Not checkable as stated
Graves: Raising Cane's made $30 in profit during its first month
“I mean, look, our first month we made 30 bucks.”
Todd Graves Apr 25, 2022 ▶ 55:53 Raising Cane's: Todd Graves
Apr 25, 2022 positive
Assertion Supported
Graves: About 95% of Raising Cane's locations are company-owned
“Yeah, by me, I'm at like 90, I would say 95%.”
Todd Graves Apr 25, 2022 ▶ 1:11:16 Raising Cane's: Todd Graves
Apr 25, 2022 positive
Assertion Not checkable as stated
Graves secured a 50-year lease option for Cane's original LSU location
“Yeah, this location was ideal, and cheap rent, I think it was like 1500 bucks a month, and I ended up getting like, after options, like 50 years on the deal, it even had a billboard on the location, it was just ideal.”
Todd Graves Apr 25, 2022 ▶ 46:23 Raising Cane's: Todd Graves
Apr 25, 2022
Assertion Not checkable as stated
Graves: Community banks treated Raising Cane's subordinated debt as equity
“Craig would then take it to the bank, and we go to these community banks, and basically, that subordinated debt was considered equity.”
Todd Graves Apr 25, 2022 ▶ 1:12:50 Raising Cane's: Todd Graves
Apr 25, 2022
Insight
Graves: Operational friction multiplies exponentially when opening a second restaurant
“I think that's what happens when people grow one to two. Yeah. You know, it's not like their problems double. It, like, it multiplies, you know, exponentially.”
Todd Graves Apr 25, 2022 ▶ 1:00:07 Raising Cane's: Todd Graves
Apr 25, 2022 positive
Opinion
Todd Graves: Savoie's jarred roux is almost as good as homemade
“I have to tell you, now, most of the time, I cheat, and I use Savoir's Rue in a jar, which is almost as good.”
Todd Graves Apr 25, 2022 ▶ 8:18 Raising Cane's: Todd Graves
Apr 25, 2022 neutral
Assertion Not checkable as stated
Todd Graves: Raising Cane's business plan received the lowest grade in class
“And then, you know, a couple days later, we got the grade back, and it was actually the worst grade in the class, but it was only a B minus, right?”
Todd Graves Apr 25, 2022 ▶ 27:38 Raising Cane's: Todd Graves
Apr 25, 2022
Disclosure
Graves: Raising Cane's initial startup cost estimate was $100,000 to $150,000
“Ballpark was a hundred, a 150,000 dollars was what in my mind I thought we could start it for, and that's without knowing the location.”
Todd Graves Apr 25, 2022 ▶ 35:08 Raising Cane's: Todd Graves
Apr 25, 2022
Assertion Supported
Graves: Hurricane Katrina shut down 21 of 28 Raising Cane's locations
“When Hurricane Katrina hit, and we had 21 of 28 locations go down in the area, and that cash flow stopped.”
Todd Graves Apr 25, 2022 ▶ 1:13:43 Raising Cane's: Todd Graves
Apr 25, 2022 neutral
Disclosure
Graves: Cane's sauce avoided Cajun flavoring to prevent regional pigeonholing
“I wanted a flavorful sauce, but I didn't want a Cajun sauce, right? I didn't want this to be a regional Cajun thing.”
Todd Graves Apr 25, 2022 ▶ 34:16 Raising Cane's: Todd Graves
Dec 25, 2025
Disclosure
Graves: Early Cane's Scaled on 15% Subordinated Debt to Protect Equity
“So what I had was angel investors that I would do a 15% interest rate, subordinated debt. Okay. It was a one pager and I personally endorse these. I mean, if I personally signed onto it, so they knew anything I had in the world, which is all just tied up the b…”
Todd Graves Dec 25, 2025 ▶ 29:26 Advice Line with Todd Graves of Raising Cane's
Dec 25, 2025 bullish
Insight
Graves: Company-owned restaurant chains achieve far higher valuations than franchise models
“Another advantage of having your own restaurants, company restaurants, is that your valuations are way higher, right? So your sales, your profitability, your EBITDA that goes through as you grow company restaurants, just the company's worth so much more, man.”
Todd Graves Dec 25, 2025 ▶ 19:11 Advice Line with Todd Graves of Raising Cane's
Dec 25, 2025 negative
Insight
Graves: Most quick-service restaurant franchisees operate at 65 to 70 percent efficiency
“Our franchisees were about an 85, which is exceptional in the franchise world, because most of them, in quick service food, run at about a 65, 70.”
Todd Graves Dec 25, 2025 ▶ 18:19 Advice Line with Todd Graves of Raising Cane's
Dec 25, 2025
Disclosure
Todd Graves: Raising Cane's Will Remain a Generational, Company-Owned Business
“And so for me is I'm not selling the business. I love the business. I want it to be a generational business and to keep rolling. And the best way to have something I'd be proud of for me personally was to own them company restaurants.”
Todd Graves Dec 25, 2025 ▶ 22:40 Advice Line with Todd Graves of Raising Cane's
Dec 25, 2025 bullish
Disclosure
Todd Graves: Raising Cane's Has 1,000 Locations and Plans 1,000 More
“And now I got a thousand brick and mortars and we're planning on the next thousand, you know what I mean? But if I tried to get into retail line, you know, the grocery stores want canes frozen in the grocery stores retail, they want our sauce bottle. They want…”
Todd Graves Dec 25, 2025 ▶ 41:18 Advice Line with Todd Graves of Raising Cane's
Jan 1, 2026
Disclosure
Todd Graves: Raising Cane's operates only three social media accounts
“We only have, it's three. One is Raising Cane's corporate account. One is mine, right? The founder and one is my dog, Cain three, right? Our mascot, but we collab constantly and we reach sports fans.”
Todd Graves Jan 1, 2026 ▶ 21:34 Advice Line: Tapping AI as a Resource for Your Business
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