Will high labor costs derail restaurant industry mergers and acquisitions?
This week’s episode of the Restaurant Business podcast “A Deeper Dive” features Nick Cole, head of restaurant finance for the Mitsubishi UFJ Financial Group, or MUFG.
Cole is an experienced restaurant industry lender and talks in detail about his views of the current state of the industry.
He talks about thinning margins and how long he expects that to last. He also talks about multiples for recent restaurant acquisitions and how much activity there is in the industry. Cole gives his outlook on M&A into next year and whether this run on chains will continue. He also talks about the state of casual dining.
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