How to Make $1.7M/Year in Restaurant Business |
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For our regular viewers, Don Lucho’s Restaurant and its owner, Carlo Calisea, are familiar names. Today, we’re following up with this popular restaurant to get more of his insights into how to start a restaurant business—and keep it thriving and growing through unexpected challenges.
This video is sponsored by Trademark Factory. Get your trademark approved—or get a full refund! Visit: https://trademarkfactory.com/advisors/upflip Carlo started Don Lucho’s as a food truck in 2013, the first Peruvian restaurant business in Seattle. In 2019, they added a brick-and-mortar restaurant and pisco bar. Opening a restaurant is difficult in the best of times and the start of the pandemic in 2020 only added to that, but Carlo and Don Lucho’s rose to the challenge, adding outdoor seating that let them keep growing their revenue. In today’s episode, we’ll dig in deeper with Carlo’s advice on how to open a restaurant that’s built to withstand whatever life throws at it. We’ll learn what he included in his restaurant business plan, and how he’s revised that in the years since opening. Of course, even the best-planned restaurant experiences setbacks. We’ll hear what Carlo is struggling with today and how he’s responding to those to keep his business growing. Rising costs and staffing problems have been consistent concerns across the food industry over the past 2 years, and Carlo will share his strategies for coping with those issues, along with his other tips for starting a restaurant that’s resilient enough to roll with the punches. Anyone wondering how to start a restaurant (and keep it open long-term) will want to hear Carlo’s advice! You can find out more about Don Lucho’s online at https://www.donluchosinseattle.com/. Looking for more advice on starting a business? You’ll find it on the UpFlip blog: https://www.upflip.com/blog. Check out our podcast https://www.upflip.com/podcast, where you get to unravel how great businesses are built. And make sure you check out our past interviews with Carlo: From Food Truck to Restaurant Business (A Recipe for Success) ► https://www.youtube.com/watch?v=8MPTE67PYcY A Day in the Life of an Entrepreneur (Behind the Scenes Look) ► https://www.youtube.com/watch?v=2idW6fSfvIQ Timestamps: 0:00 Intro 0:31 Meeting the Owner 1:34 Tips on Revamping Your Business 2:53 Breaking Down Revenue 3:50 The Key To Balancing Quality 4:41 How To Avoid These Business Mistakes 5:47 Why You Need A Soft Opening 7:35 Social Media Tips and Tricks 9:35 The Importance of Branding 10:36 System and Processes for Online Ordering 11:46 How To Get FREE Advertising 13:10 How To Build A Reliable Team 14:30 Crucial System & Processes Before You Start 16:00 How To Quickly Resolve Issues 17:03 How To Keep Employees Happy 18:13 When To Grow Your Team 19:03 Blitz Time With Carlo!! 21:56 How To Keep Track of Inventory 22:50 When To Use Paid Advertising 24:09 How To Not Lose Money 25:15 Switching Up Your Menu 26:22 How To Deal With Inflation 27:11 Where To Focus Your Time 28:35 Creating The Best Content Possible #restaurant #restaurantbusiness #howtoopenarestaurant |