MovieChat Forums > America's Next Great Restaurant (2011) Discussion > Which one would you most want to INVEST ...

Which one would you most want to INVEST in?


This is drastically different than which one you would most want to eat at. For example, you might love Indian food but not believe in Spice Coast as a restaurant to invest in. You might hate Soul food but believe Soul Daddy will make you a pile of money. As an investor myself, I realize you don't have to like something to believe in it. There are things I believe in the business model of, but would never personally use.

So, here's the question: If you were one of the judges--and at this point it's become clear they're more food snobs trying to host a cooking competition than actual business minds looking for investments--or, even better, an actual investor thinking about basic things the judges aren't like menu pricing, food costs, etc. which would you invest in? Feel free to include ones that have already been eliminated too.

For me it goes kind of like...
10. Spice Coast: There is not one national Indian food chain. NOT ONE. Clearly, this type of food has trouble going into franchise mode so I'm out. Plus, the guy is clearly going to be more comfortable in a sit down, less fast paced environment and he isn't doing anything special with the food. It's just straight up Indian food. If there were a twist, maybe, but as is you're just asking to franchise something that has been around forever but has yet to launch a single national franchise.

9. Harvest Sol: The food's not bad, but the person behind the wheel is. She doesn't really know anything but is arrogant about it. First she wouldn't even change the name from Compleat, then she changed everything but her hair color when she almost went home. Then she didn't want to serve a sandwich because most people aren't "mobile while eating" she said they sit down and eat at a desk. She's a young corporate lawyer used to hour long power lunches where people sit down and eat a salad at some over priced restaurant. She does not, fundamentally, get the type of food she's being asked to serve.

8. Sports Wraps: Actually I think this could catch on, but the problem is it already has. She's not really doing the wraps with a twist. This is the type of place you might eat at at an airport terminal waiting for a plane and there's few choices, but I'm not sure anyone is going to beat a trail to this place. Still, worth a second look, but since the judges didn't keep her around long enough I guess we'll never know.

7. Saucy Balls: The food looks delicious but it has limited appeal. The name is actually not bad, and would let it distinguish itself easier. It catches on as memorable in a way "Sports Wraps" or "Harvest Sol" just don't. Still, the food does have limited appeal. I think you might eat there every other week, but certainly not on the regular.

6. Fast Wok: If the judges--Curtis Stone in particular--had not been so obsessed with what is "proper" stir fry (who cares? again, they let being food snobs cloud the issue) this could have caught on. Also, the wrong person was at the helm probably, but I do think there's potential here.

This is where it gets harder because I would probably invest in any of these:

5. Soul Daddy: I think it can work, I think it will work regardless of if he wins this competition. Problem is there's a lot of overlap between Soul Food and country food and I personally would eat at Grill Billies before I would eat at Soul Daddy. Plus, some of his side items have limited appeal--and I'm from the South, even I don't think black beans, greens, cabbage, etc. is a good idea for a fast casual setting--so I would probably just go down the street to Boston Market instead.

4. Revolutionary Tacos: They cut this guy too soon. He had spent time on the food (arguably not very strong) but more importantly the mood of the entire restaurant. That's very important, but the judges are under estimating it so far.

3. Melt Works: The judges were wrong to keep pushing a straight forward grilled cheese, and he was right. And the sauces? Puh-leeze. In a way it was a blessing he got cut from the competition because he will do better outside of it. This is the kind of guy (clean cut, clearly business minded, does his research, pricing, actually knows about business which the judges don't like) that could go to a bank, and get a loan tomorrow. He'll do well. This is the kind of guy real investors like. You won't lose your shirt with him. Curtis Stone showed extreme ignorance for criticizing Eric for actually doing some research into HIS own restaurant concept. [The judges are forgetting that investors don't run the show, they find a restaurant they like and invest in it].

2. Grill Billies: Probably because I just love that type of food and it works best in a fast casual setting. There are dozens of chains in the South that have made a bundle doing this type of food, but it works in New York/LA as well. I don't know about Minnesota but who cares? That's a strange location for the third restaurant anyway. It should have been in Dallas, Atlanta, Houston, Charlotte, etc. where this restaurant would clean up.

1. Sinners and Saints: I don't know if the food is really as bad as the judges say but it's fixable. The food she has made looks pretty good to me, but most imporantly the concept is great. I could see this being a restaurant with the least amount of work, and the concept just has this thing, like...it's not new food but it's done in a new way, which is the mark of a national chain.

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None of the above. If I had extra money, I'd invest in McDonald's or Burger King - both proven winners.

"Thank You, St. Jude for prayers answered."









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I'd invest in Revolutionary Tacos.

While his vision was different from the judges, I liked the atmosphere. He kept the fonts and design stylish enough that it was just a trendier version of Chipolte. Plus, living in Denver, there are TONS of taco stands and mexican taco places with all kinds of tacos - barbacoa, lengua, al pastor, etc...and they are AMAZING. There are always write ups of how great some of these small places are in our local magazines. Taco Stands rock.

True Mexican tacos are not anything close to Taco Bell. They are a billion times better, and with some clever chef planning, he could have made some awesome ones. I can see people going there if the price is right and the portions are enough.

After that, I would invest in Meltworks.

Other than that - I'm not too keen on any other the other ones. I think Lorena said it best when referring to Sinners and Saints - when you do TOO many things...you don't perfect ONE thing.

Soul Daddy - bleh...sounds just like diner food or KFC.

Grill Billies - how is this NOT like a bbq place? The couple is just like Compleat's girl to me. They have no direction and are just doing whatever it takes to stay on the show.

Saucy Balls - just don't see people going back to meatballs over and over.

Spice Coast - agreed, Indian food just hasn't caught on.

Harvest Sol - I just don't even get the concept. Healthy...but...what...Mediterranen flavors? I don't even think the name and flavors go together. When I'm starving and want to go out to eat, the last thing I think about is healthy. lol....give me a fat Burrito from Qdoba or Fatburger.



Fast Wok - Too many other restaurants like this.

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I agree that Revolutionary Tacos has SOMEthing about it. I think the overall atmosphere and mood, I could see that place actually thriving in a fast casual setting where some of the others (Saucy Balls, Spice Coast) are really more appropriate for a sit down restaurant.

I'm glad you mentioned Qdoba (Moe's is another good one) because the show sure hasn't since it's basically a bunch of free promotion for Chipotle. Mexican food is a proven winner in this type of environment but not so over saturated there isn't room for Revolutionay Tacos. I said it early on but got called crazy, but I feel Steve Ells was just never going to pick something that could be viewed as competition for Chipotle.

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Even Bobby has done Taco Throwdown on the food network. He knows how awesome good tacos can be. And they're so simple too!

Interesting you brought up it being competition for Chipolte...I hadnt thought of that. lol Funny.

X

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I totally and completely agree with you. Anyone who even thinks about disagreeing with this guy, you can forget it. It's HIS thread. There's no point in even expressing an opposing opinion. He's 100% right, always.

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Meltworks is the only one with really good potential. America likes comfort food that you can eat on the go.

I would not invest a dime in any of the others.

--
What Would Jesus Do For A Klondike Bar (WWJDFAKB)?

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I'd invest in Grill Billies or Spice Coast. The Motown, black tie thing kills Soul Daddy. He needs to conjure up Mississippi, not Detroit. If he takes it more down home, I'd be more interested. Harvest Sol is too boring, Sinners too clumsy, Saucy Balls too ridiculous.

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fletcbk,

you make some good points, but also some terrible ones in my opinion. Regarding Spice Coast, you mentioned there's not one national Indian chain. To me, that's potential, not automatic failure. The right person with the right concept could launch this project, and immediately own a market.

Would you want to invest in a Burger Joint, knowing McDonald's and BK have already cornered the market, while Wendy's, Hardee's/Carl's, In and Out and Five Guys have all carved out their niche? It would be hard to sell me on yet another burger place. Same with Taco's. Obviously, there's a Bell on every corner, and Chipotle and Qdoba have cornered the upper levels of the market, so it would be difficult for me to be convinced someone else can get a foothold. So, for me, the more unique, yet enticing concepts like SoulDaddy's, Saucy Balls, S&S's and Harvest Sol have my attention.

Lastly, you mentioned Minnesota. Lately, I'm hearing about nothing but Minnesota when it comes to being a great food market. I'm not from MN, nor have I ever been, so I'm not defending my "home", but Minnesota is a great third choice. Before I go to Dallas or Atlanta, I'll go to the twin cities, Seattle or Houston.


Joe Bless You!

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Saints and Sinners, for sure. Great concept.

If you have a healthy person in the family and an unhealthy person in the family, you can go to the same place. Love it!


http://tonightontv.blogspot.com/

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I would invest in the Indian resturants. I just think everything else has been done so many times over.

I also want to say that I agree with another poster who wrote how the judges are food snobs. Mcdonalds would never make it today. As a kid we are all fed the cheeseburgers and grow up with it. But when you become an adult. You do realize it's not that good. I'd rather have a real burger.

Oh and I can't believe they didn't give the taco guy more of a chance. To say that your biggest competition is the stomach churning taco bell is just blah.




I apologize for grammatical errors- a side effect of IMDbing on my iPhone.

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The investors has turned this show from a fast food competition into a sit down restaurant showcase. They have completely turned every single concept into a potentially good restaurant, but nothing franchise worthy.

Grillbillies sound good, but the food prep will kill the fast food concept and they wouldn't be able to serve anything but sandwiches.

Nobody knows how to cook Indian food, so the guy should just give up and open his own restaurant instead of wasting time.

Melt Works is a Panera Bread with a menu that should read "It doesn't matter what we have because we will be bankrupt in 3 months."

Soul Daddy is the next M and M Soul Food. Good, but not expandable beyond the urban demographic.

Revolutionary taco is actually a decent LA bar concept. lol.

Saucy balls would be a very successful food truck concept, especially with that name and supposedly good food. Nothing more than a metropolitan on the go catering company. It's a profitable family owned business.

Wok is a decent idea that I truly do not know if it will be successful or not. It can work, but there's too many variables in execution like type, price, and taste of ingredients, prep, cook time, and customer turnover rates that take mathematical simulations and brain power too big for a tv show setting to comprehend.

Sinners and Saints is a sit down restaurant concept, but it can be the next Friday's, so the lady has a chance if she's smart enough to contact some venture capitalists that doesn't confuse a business opportunity with a food competition. Seriously, they are very stupid investors if they have money and turn down Sinner And Saints. If they like an idea, find a damn chef for the concept instead of criticizing something they're willing to pay for. It's like going to a store and holding money out for a cashier to take but not actually giving them the money despite the fact you want the items that you are ready to buy.

Harvest Sol is the best idea on the show only if she drops the Mediterranean label. It'll be a better version of Whole foods cafe in a fast food setting. These fresh and fast foods concepts exist all over San Fransisco and they are ridiculously popular. I say drop the Mediterranean name because segmenting herself to a food type will destroy her customer base. McDonald's doesn't say it's a burger joint, but it has burgers. Carl's Jr. makes no sense as a restaurant name, but I want to eat it. People don't say I want a burger, they say I want McDonald's or Carl's Jr. People don't like obviousness. Mediterranean is an obscure title for a name of a type of food.

The most important thing about a food chain is not the food, it's the culture. To be a chain, the food is perfected to the liking of a sufficient customer base. To expand is to create a culture. Think about the culture Harvest Sol perpetuates. It's something people will buy into just for the fact that they want to be a healthy eater, without having to say that specifically when they are looking for something to eat outside of their home. Of course, the restaurant would have to drop any hints that it's healthy and just straight out make healthy food without any acknowledgment to that fact.




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Sinners and Saints apparently already exists, as a bar/restaurant: http://desmoines.metromix.com/bars-and-clubs/bar/sinners-and-saints-co urt-avenue-district/1239811/content

IMO, the concept of this place is simpler and more effective anyway. It's easier to just offer a variety of different items on both sides of the menu than trying to do a healthy and an unhealthy version of each dish (while making them both appealing). What she was trying to do was really a hard thing to pull off and would be better executed by a good chef who knew a lot more about food than her. The judges liked the concept but she didn't have any idea how to execute it, so there was no need to keep her in the picture, since the idea wasn't original anyway. Like Curtis said, he could execute it better than her, so he could start up a place like that himself if he really wanted to, and do it better.

This is also why I feel like the Grillbillies duo is expendable. I still think that they're pretty clueless and are just riding on their chef's ability at this point. No need to invest in them when they have little to do with the concept's success. That chef should ditch them and go start his own restaurant. Maybe he will if the previews from tomorrow's episode are any indication.

Spice coast, soul daddy and brooklyn meatball co. are the ones you'd really have to consider investing in because the guys in charge of those three are making their own recipes. Harvest sol is a good idea but could also be easily started by someone else.

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Hmmm... this is a good thread. I wouldn't be as concerned with the concept as I would with the person I was giving my money to.

If I met with these people, I would probably MOST consider investing in Meltworks. I don't think the name is any good, but I think Eric has the most sense out of all of them.

Brooklyn Meatball Co. is a good idea, but I think the guy is an idiot. He's made a bunch of stupid mistakes (albeit with a bunch of stupid challenges).

Same with Sinners 'n' Saints. Why would anyone need her? She has one basic idea and that's all. She's got experience managing a restaurant, but I'm not sure she's good with ideas.

GrillBillies has a great name and it's a good idea. Problem is, again, with the people. They don't seem to have their idea very fleshed out. Plus, they bicker too much.

Harvest Sol... this one I like. She's also an attorney so maybe she has some business sense. I'm just not sure what her concept is. Healthy food? That's it?

Soul Daddy has the most generic name I can think of. I don't think it would do well. Seems like a nice guy, but his idea isn't for big market chains.

Spice Coast? I don't think there's a big market for Indian food. There are a ton of local Indian restaurants in my city and most of them don't make it. You can't cook it cheaply or quickly without it being disgusting.


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Anyone here ever been to Portillo's? It's an incredible fast casual chain in the Chicago area which serves pretty much every kind of food you can imagine, from Italian to barbecue. In a perfect world, I'd take all the remaining contestants and throw all their restaurants into one bigass Portillo's style restaurant.

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It's in Los Angeles too, and it rules. I don't eat anything there unless it's drenched in gravy.

These investors probably wouldn't even invest in that idea either because it might be too "greasy" for kids. Idiots.

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