Are you curious about the future of high-end dining? You're in for a treat!

In this episode of Investor Connect, we're joined by Jim Bowen, the visionary Chief Development Officer at Debut Development Group.

Located in Toronto, Ontario, Debut Development Group is a developer, owner, operator, and consultant for high-end hotels, resorts, restaurants, and entertainment venues with worldwide experience and credentials.

They are also the Exclusive franchisee in Canada for Fogo de Chāo, the renowned Brazilian restaurant brand with plans to roll out 10 locations in Canada’s major cities, starting with Toronto and Vancouver in Q2 2024. This year, Debut is also working on the 5-star Grand Hyatt Resort in the Cayman Islands and a 5-star Lifestyle Resort in Tulum, Mexico.

Jim Bowen is a Business development professional with 30 years of experience launching and managing international businesses, primarily in the real estate development and commercial design industries. His involvement in commercial real estate developments internationally has given him a unique perspective on fresh concepts for mixed-use retail developments.

Jim discusses their exclusive franchise with Fogo de Chão in Canada and their plans to open 10 locations. He emphasizes the importance of creating a unique dining experience, especially in the competitive restaurant industry. Jim also highlights the profitability of Fogo de Chão restaurants and their focus on accommodating various dietary preferences. He addresses challenges in the restaurant industry, including fluctuating ingredient costs.

Visit Debut Development Group at www.debutrends.com/, or www.linkedin.com/company/debutrends/?originalSubdomain=ky.  

Reach out to Jim at jim@debutrends.com, https://www.linkedin.com/in/jimbowenasia, jbowen@fogodechaoca.    

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For more episodes from Investor Connect, please visit the site at: http://investorconnect.org  

Check out our other podcasts here: https://investorconnect.org/ 
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Music courtesy of Bensound.

Make a List of Target Acquirers

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

It takes twelve months to sell a business.

The first six months will be spent finding the buyer.

The second six months will go to completing the transaction.

To find the buyer consider the following:

Start with a list of 250 companies and the names of their CEO and VP of Corporate Development as potential buyers.

If you have a list of companies that have enquired about buying the business before, then include them as well. 

Choose companies with a strategic interest and consider it broadly.

Reach out to the CEOs by email stating your interest in selling the business.

This should generate forty to fifty calls and meetings. 

Half of these contacts will want to learn more so prepare an Acquisition Memorandum which gives the status of the company with a marked date.

If after the acquisition, the company conditions change materially, then the acquirer has legal recourse based on this document.

Two to four of the contacts will send a letter of interest (LOI) with proposed terms and conditions for buying the company.

From there the process goes into due diligence by examining the prepared data room which contains financial, legal, and other information about the company.

Start with a wide range of companies in searching for an acquirer.

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let’s go startup something today.

_______________________________________________________

For more episodes from Investor Connect, please visit the site at: http://investorconnect.org 

Check out our other podcasts here: https://investorconnect.org/ 
For Investors check out: https://tencapital.group/investor-landing/ 
For Startups check out: https://tencapital.group/company-landing/ 
For eGuides check out: https://tencapital.group/education/ 
For upcoming Events, check out https://tencapital.group/events/  

For Feedback please contact info@tencapital.group   

Please follow, share, and leave a review.

Music courtesy of Bensound.