Room For Seconds

Room For Seconds


Transforming Failing Restaurants into Franchise Goldmines

May 08, 2024

Craveworthy Brands has grown quickly, but it took a ton of work. Craveworthy CEO Gregg Majewski sat down with Hospitality Hangout hosts Michael Schatzberg and Jimmy Frischling, also co-founders of Branded Hospitality Ventures to discuss his journey from Jimmy John’s pioneer to thriving as a hospitality mogul.


Listen now to learn about finding success in dumpster fires, partnering for success, and having an evolving tech stack while growing.


#craveworthybrands #roomforseconds #hospitalityhangout


Chapters:

[07:57] - Gregg Majewski’s Background

[12:32] - Transitioning from Jimmy John’s to Craveworthy Brands

[20:47] - Majewski’s Brand Acquisition Strategy

[27:09] - The Importance of Human Capital

[30:16] - Building an Effective Tech Stack



Episode Links:



Takeaways:


  1. Finding Success in “Dumpster Fires” - Gregg Majewski jumped into the franchise business by taking on three failing restaurants. The self described “dumpster fires” presented themselves as opportunities for Majewski and he quickly found success by turning them around.
  2. Partnering for Success - As a franchisor, Gregg Majewski sees his franchisees as partners. He believes it is his personal responsibility that they are successful.
  3. Evolving Tech Stack While Growing - Gregg Majewski is infamously against trying to implement the latest and greatest technology. He does, however, preach knowing what is necessary for the business to survive, and if it’s necessary - finding the best, tried and true, solution available.

 


ABOUT HOSPITALITY HANGOUTS:


Branded Hospitality is the brainchild of Michael “Schatzy” Schatzberg, known as The Restaurant Guy, and Jimmy Frischling, The Finance Guy. Their collaboration bridges the worlds of hospitality, technology, innovation, and capital investment. Through their podcast, The Restaurant Guy and The Finance Guy engage with top CEOs and Founders, delving into the latest trends, developments, and breakthroughs in hospitality technology, innovation, and food & beverage. Schatzberg and Frischling are co-founders of Branded Hospitality Ventures as well, an investment and advisory platform at the intersection of food service, technology, innovation and capital.



ABOUT GREGG MAJEWSKI:


Gregg Majewski has a vast amount of experience as a corporate executive in the restaurant industry. As the former CEO of Jimmy John’s, he played a major role in expanding the franchise from 33 to 300+ stores in just 5 years by surrounding the company’s marketing strategy around the innovative approach of delivering sandwiches and being “freaky fast”. Majewski has worked to develop restaurant concepts over the last two plus decades, before starting Craveworthy Brands in 2023, which currently includes a growing portfolio of restaurant brands.





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