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S02.E05: From the Streets


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A food truck owned by newlyweds uses only handmade ingredients that showcase the owners Venezuelan roots; two childhood friends that have generated a huge social media following that has the entire city of Buffalo rooting for the colorful company.

 

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Once again, I wished the other team had been picked. When Joe bit into the sandwich thing, and I heard that crunch, I was suddenly starving. Then the two guys didn't want to give up 33% to have help from two men who actually do know what they're doing. As opposed to those guys who seemed hapless in a real restaurant environment. Just like the hot dog girl.

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Sometimes I wonder if Joe and Tim's real purpose here is to show how hard it is to run a restaurant and to discourage the unqualified wannabes. I doubt it, and I don't think that tactic would work, but it would explain them choosing the seemingly lesser concept so consistently.

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The food at Lloyd is tasty, that's for sure. The Dirty South taco is really as good as the show indicated.

 

On the one hand, these guys have been pretty successful in a short time. They fought City Hall on food truck regulations and won. Their special blend of hot sauce is bottled and sold in local stores (hot sauce was on their display during their pitch, but not mentioned). On the other hand, between this show and the funding of one of of their trucks via Kickstarter, there's been some grumbling that the Lloyd guys looking for "free" money rather than going after loans and other more conventional financing. 

 

I'm going to be really interested to see how their brick & mortar location shakes out. 

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Sometimes I wonder if Joe and Tim's real purpose here is to show how hard it is to run a restaurant and to discourage the unqualified wannabes. I doubt it, and I don't think that tactic would work, but it would explain them choosing the seemingly lesser concept so consistently.

 

Ooooohhhhh, good point!  Less qualified = more drama.

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Lloyd Taco Factory opened at the end of December. Haven't had the chance to go yet, but reports have been good.  Seems like it is similar to what was on Restaurant Startup. (Their Facebook page: https://www.facebook.com/lloydTacoFactory/?fref=ts)

 

One thing to note is that they didn't wind up taking the deal.  Pete and Chris did it with a bank loan.  http://wivb.com/2015/12/21/lloyd-taco-factory-opens-to-the-public/

 

 

 

Cimino says the five year journey has been worth it, but it didn’t come without trials his team still looks back on, including their decision to turn down an investment offer after competing on TV’s “Restaurant Start Up.”

“Not taking the investment was probably the hardest decision I’ve ever had to make in my life, but it was definitely the right move for the company,” Cimino, whose company opted for a bank loan instead, said. “We weren’t in a position where we were ready to take that on and I’m glad we went through it on our own because at the end of the day this is Chris and I’s blood, sweat and tears.”

I suspected this a little bit since I didn't see anything from Tim and Joe.  This seems like it was the best course of business for them since the deal was the entire business (the trucks are still very popular). 

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