Ep 7. Comfort Food Cash-In
- TVPG
- August 19, 2014
- 42 min
Entrepreneurial foodies with bright ideas are competing to convince two successful venture capitalist investors to put their money behind their unique restaurant concept. In episode 7 of Restaurant Startup season 1, titled "Comfort Food Cash-In," aspiring restaurateurs come up with distinctive proposals that aim to cash in on the growing demand for comforting and familiar dishes.
First up are brothers Matt and Ryan, who want to open a Philly cheesesteak food truck that will serve authentic, high-quality sandwiches made with prime rib-eye steak and artisanal bread. Their concept, called The Cow and the Curd, has already amassed a loyal following at local food fairs, and they're confident that they can bring their brand to the next level with the investors' help. However, their price point and limited menu may not be enough to impress the investors, who are looking for a strong team and a clear vision for expansion.
Next, we meet Dana and Mike, a couple from Phoenix who want to launch a family-style dining concept centered around one of their favorite comfort foods: grilled cheese. Their restaurant, The Grilled Cheese Truck, would feature a customizable menu of cheese and bread combinations, as well as artisanal toppings and sides that elevate the classic dish. With the help of the investors' capital and expertise, Dana and Mike aim to expand their latest project beyond their first pop-up location and into a variety of settings where they can serve their cheesy creations to the masses.
Finally, we meet Dreux Ellis, a former New Orleans Saints football player who has a passion for cooking and wants to share his Creole cuisine with the larger community. Dreux's concept, named the Magnolia Café, would offer a menu of classic Southern dishes like po'boys, gumbo, and jambalaya, made with fresh ingredients and served in a casual, welcoming atmosphere. While Dreux's cooking skills are impressive, he struggles to articulate his vision for growth and branding, which may hinder his chances of securing an investment from the investors.
Throughout the episode, the entrepreneurs must pitch their concepts to the investors, Marcus Lemonis and Tim Love, who assess each project's strengths and weaknesses. Marcus, a seasoned entrepreneur and host of CNBC's The Profit, brings his expertise in branding and marketing to the table, while Tim, a renowned chef and restaurateur, evaluates the culinary potential of each concept. With only $7,500 in startup cash at their disposal, the investors must decide which entrepreneur has the most potential to build a successful and scalable restaurant business.
As the investing process unfolds, tensions rise and drama ensues as the entrepreneurs make bold claims and defend their passion projects. The investors must ultimately decide which concept they want to invest in, based on a mix of factors including market trends, leadership potential, and culinary innovation.
Viewers who tune into "Comfort Food Cash-In" will be treated to a fascinating glimpse into the world of restaurant startups, where creativity, business savvy, and culinary talent collide. Each entrepreneur's journey serves as a reminder that with hard work, perseverance, and a little bit of luck, anyone can turn their foodie obsession into a thriving business venture.