How to Buy a Neighborhood Institution

Andrew Sieve saw his life implode after COVID. Buying a highly profitable 40-year-old restaurant turned things around. Topics in Andrew’s interview: Andrew’s family history of owning and operating restaurantsWhy he prefers smaller restaurantsThe tragedies of 2020 that led to him exiting his family’s businessMoving from Minneapolis to Colorado to start overHow a chance meeting led to him buying a restaurantHow they achieved a smooth transition What factors make restaurants difficult businessesThe risks in acquiring an institutional legacy restaurantHow he funded his acquisition through a community bankHis vision for the next 5 yearsLinks and how to contact Andrew:LinkedInBigger Pockets Real EstateBigger Pockets MoneyConnect with A-players who can run your business remotely:More StaffingGet complimentary due diligence on your acquisition's insurance & benefits program:Oberle Risk Strategies - Search Fund TeamConnect with Acquiring Minds: See past + future interviews on the YouTube channel Connect with host Will Smith on LinkedIn Follow Will on Twitter