Listen "The Art of the Flip: Philip Panopoulos on Buying, Scaling, and Selling a Local Pizzeria"
Episode Synopsis
In this episode of Members Room, host Alex Thiakos sits down with Philip Panopoulos, who, along with his brother, successfully bought, revamped, and sold a high-volume local pizzeria, Pisa Pizza, right out of college. From minimal due diligence to implementing Fortune 500-style systems in a mom-and-pop shop, Philip shares the invaluable, real-world lessons of a quick and profitable business flip.Philip details how he and his brother navigated the daunting food industry with no prior experience, transforming a local favorite into a highly scalable operation. He opens up about the crucial role of faith, partnership, and a "servant mindset" in business, and how those principles guided their journey from pizza to commercial real estate.What to Expect:The origin story of acquiring Pisa Pizza with minimal due diligence right after college.How a $20,000 capital expenditure—including a new point-of-sale system and an automatic cheese shredder—saved hours and increased efficiency.The immediate, necessary, and brutal culture change needed to improve the staff and customer experience.Marketing tactics used to attract a new demographic, including leveraging the unique customer service benefits of a local software.The unexpected transition and "empty nest" feeling after selling the business for a significant profit.A peek into Philip's current venture in commercial real estate, specifically self-storage development, and the data-driven arbitrage opportunity he discovered in the Texas market.Guest – Philip Panopoulos INSTAGRAM: /@popanop09Host – Alex Thiakos INSTAGRAM: /alexthiakosMembers Room INSTAGRAM: /membersroom TIKTOK: /membersroom
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