Chris Yeo may expand to Vegas, once had three struggling businesses, aspires to be like Kimpton

The story writes itself: After training at Vidal Sassoon in London, Singaporean hairdresser immigrates to the U.S. He starts a successful hair salon by lying to his landlord and working long hours. Parlays his haircutting profits and clients into a restaurant serving his native cuisine. Signs the restaurant lease as his wife is in labor.
The restaurant is failing, so he gambles on a move to a larger space. Then he gambles on a nightclub. Nightclub tanks, but luckily the restaurant takes off.
The restaurant becomes two, then three, then four, now five, with a deal "95 percent" likely in Las Vegas and expansion to Southern California and Seattle on the horizon.
Oh, and it's a total cash machine, with low food costs and high drinks tabs.
I hope I did Chris some justice.
Full story, including some hard revenue numbers:
A long Strait journey / Restaurateur Chris Yeo's story (free link)
Labels: hotels, restaurants, scoop
0 Comments:
Post a Comment
<< Home