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Otherwise, they get rose-colored glasses about success in the home market and presume it will translate quickly. You discussed anticipating 5070% volumes. That's sobering. I have actually even seen cases where it's simply 2530% at launch. It underscores how crucial capital structure is. Yes. A lot of small growth ideas like ours depend on equity, not debt.
You need equity sponsors who think in the vision and the team. That's expensive, however it produces crucial mass, builds awareness, and validates above-store management.
At Chop Shop, we deliberately constructed strong bases in Phoenix and Dallas. That provided us the profitability to hold up against slow starts in Houston and Atlanta. And we were fortunate that Dallasour 2nd marketwas likewise where our group lived. Having the entire team in-market to support shops, hire, and guarantee culture was big.
Individuals typically underestimate how important team is to scaling. How have you approached building and scaling your group? This is something I'm really proud of. Our group took all the important things we hated from past jobsfeeling underappreciated, underpaid, growth-stifledand built the opposite culture here. We emphasize development mindset and career pathing.
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