Andrew Smith is the Cofounder and Managing Director of the Savory Restaurant Fund, a Mercato Partners food-and-beverage-focused practice founded in 2018. Savory closed Fund I at $100M in October 2020 and a subsequent $100M Fund II in May 2021. Currently, Savory owns five beloved brands, including Mo’Bettahs, Swig, R&R BBQ, The Crack Shack, and Via 313. Savory operates 95 restaurants in five states and will add an additional 45 locations over the next 12 months.
Smith spent the last 23 years as an entrepreneur, cofounding three different technology companies from 1998-2008 and entering the restaurant industry in the middle of one of the greatest recessions. Since 2009, he has assisted in developing, acquiring, and operating 200+ restaurants across 11 states, generating more than $1.5 billion in sales.
He received the EY Entrepreneur of the Year® award in 2017. His businesses were also Inc. 500/5000 Honorees for 10 years.(more…)
Robert Lockard is a copywriter with Fishbowl. He writes for several blogs about inventory management, manufacturing, QuickBooks, and small business. Fishbowl is the #1-requested manufacturing and warehouse management software for QuickBooks users. Robert enjoys running, reading, writing, spending time with his wife and children, and watching movies.