The COVID-19 pandemic hit many different industries pretty hard, especially real estate and food and beverage. However, the dramatic collapse did not only happen last year, many Americans have suffered from the affected market since the early 2000s. In between 2004-2005, many restaurant owners purchased and started building highly overvalued properties, which then resulted in them needing to head to banks to procure a loan just to get their projects up and running or merely survive.
While it seems like currently is not the best time to buy any exuberant purchases, restaurant David Kaup hopes to make people understand the restaurant market and take advantage of the current situation where properties and the market in general has become more affordable.
Originally from Tahiti, David Kaup obtained a BTS in management from Avignon in 2007 and worked as a theater manager in Paris directly after that making less than $2,000 a month. Being dissatisfied with his salary, he had two choices; either go back to business school or try to live the American Dream. After convincing his wife to move to the States, the couple settled in Las Vegas when Kaup began his training as a gambling dealer. Hoping that the economic crisis had passed, Kaup focused his energy into the restaurant business, specifically on francophone investors. He realized that he wanted to enter this specific niche to help Americans that were having difficulty accessing credit and wanted to help them gain back control of their investments. He currently relies on his network to canvas SME owners and restaurant management specialists to provide insight into the market.
So far, he has managed to help quite a few people, along with friend and former pharmacist, Lenzi. According to Lenzi, Kaup presented him with restaurant opportunities in New York and he wanted to seize the opportunity. With Kaup advice and professional opinion, he was able to purchase six restaurants valued at approximately $2 million for only $100,000.
To get help and gain advice and insight in the restaurant market, contact David Kaup for more information.