A former private equity guy went from a butcher shop to 148 franchise units in just 7 years. Now he

But I've met guys that started in 2018. Their background was in private equity, owned a butcher shop in New York, and then started getting into Orange Theory.

He had two locations to start. He starts just parlaying because he starts raising private, you know, debt or private equity to buy some of these portfolios of existing franchises or denovo, you know, new units that he's developing. He's up to 148 units in 7 years.

Now, he doesn't own 100% of this himself. He's got investors that come in, but he owns 30 to 50% of the equity in this portfolio. 140 locations is probably a business doing 350 to 400 million a year in revenue. It's got to be close to worth, you know, a billion dollars, the whole portfolio.