054. Restaurants: Then and Now with Dan Baker

What has changed most in the restaurant industry over the last 25 years? While the fundamentals of hospitality, great food, and hard work remain the same, the way restaurants operate has evolved dramatically. In this episode, we look back at how technology, consumer behavior, labor, and operating costs have reshaped the business and what those changes mean for restaurant owners today. In this episode, we’re joined by fellow Restaurant Realty agent and former restaurant owner Dan Baker. Together, we reflect on the restaurant industry then and now, discussing everything from Yelp and social media to reservation systems, delivery apps, labor challenges, and changing customer expectations. We also discuss what has been gained, what has been lost, and why passion alone is no longer enough to succeed in today’s restaurant landscape. Whether you are a restaurant owner, operator, or industry enthusiast, this conversation offers a thoughtful perspective on how the industry has changed. Get full show notes, resources, transcript, and more information here: https://www.therestaurantsalesbroker..... If you’re considering selling your business and would like a free consultation, reach out to [email protected] or visit TheRestaurantSalesBroker.com (https://therestaurantsalesbroker.com/) to learn more. Restaurant Deal Making EXPOSED! is the go-to podcast for restaurant buyers, sellers, and operators navigating the complex world of buying and selling a restaurant business. Hosted by restaurant brokers Patrick Totah and Andy Mirabell, each episode delivers expert insights into buying an existing restaurant, selling a restaurant business, restaurant transactions, and the operational strategies that impact restaurant value. Whether you're buying a bar or restaurant, preparing to sell, or looking to maximize your business’s worth, this podcast gives you the insider knowledge you need to make smarter restaurant deals.