The Hospitality Hangout
The Hospitality Hangout
Join Michael Schatzberg aka Schatzy (The Restaurant Guy) and Jimmy Frischling (The Finance Guy) on The Hospitality Hangout as they explore hospitality, food service, and investment trends while connecting with industry leaders. Each week, receive insider insights and funny stories that shape the hospitality landscape. They live at the intersection of hospitality, food service, technology, and investment, connecting the biggest players and boldest ideas shaping the industry. Each week, they serve up funny, informative, and wildly entertaining conversations with the insiders who are leading a new era of hospitality. From emerging brands and breakthrough tech to industry trends and restaurant success stories, no topic is off the table. It’s where the who’s who of hospitality hangs out – packed with expert insights, laugh-out-loud moments, and must-know trends that keep you ahead of the game. 🍽️ Tune in, grab a drink, and let’s talk shop! 🚀
Nov. 16, 2021

The Importance of Keeping It Simple | Season 5, Vol. 7: Gala Capital Partners

In the latest episode of Hospitality Hangout podcast, Michael Schatzberg “The Restaurant Guy'' and Jimmy Frischling “The Finance Guy'' chat with Anand Gala, managing partner at Gala Capital Partners to explore what insights a well experienced investor can bring to your business.

Gala shares his early introduction at nine years old to the restaurant industry while working for his family's business at Jack In The Box as a franchisee. After college Gala talks about becoming a franchisee of Applebee’s, Del Taco, and Famous Dave’s BBQ and eventually changing over to a full time investor after 2014.

Gala, who has almost five hundred restaurants, says that going through a lot of different experiences in his life like starting so early in the business, the dot-com bust, 9/11 and now covid, teaches you to find opportunities and find ways to do a better job. He realized that everybody in the industry was going through the same thing and they needed a good partner and somebody they could trust.

When Gala was asked about his super power, he says, “I'm a jack of all trades,” “learning enough across a lot of different disciplines whether operations, finance, HR, real estate development, accounting I’ve essentially done a little bit of everything for a couple of years minimum each time.”

Gala says his team can help with finance, site selection and modeling, as well accounting or even automating accounting technology. Gala Capital Partners can also provide support in operations and marketing. Gala adds, “there’s always something all of us can learn about operations and how are you using technology, how are you simplifying things and the same is true with marketing.”

To hear what Gala has to say about best in class unit economics and growing a brand, tune into this episode of Hospitality Hangout podcast on Spotify.

Click here for more recovery and relief information for restaurant, hospitality and food service operators.

This syndicated content is brought to you by Branded Strategic Hospitality.

Episode Credits:

  • Produced by: Branded Hospitality Media
  • Hosted by: Michael Schatzberg, JImmy Frischling
  • Producer: Julie Zucker
  • Creative Director: Adam Levine
  • Show Runner: Drewe Raimi
  • Post Production: Three Cheers Creative

www.thehospitalityhangout.com