A Presentation for Restaurant Brokers

The Broker's Advantage.

How PlatePrep helps you sell listings faster, for more — and pays you every month the new owner stays.

Presented by
Buddy Foy Jr.
Co-Founder, PlatePrep AI · The Chateau on the Lake, Bolton Landing NY
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PlatePrep.
The Deal-Killer You Know Too Well

“I don't want to inherit their mess.

Every experienced restaurant buyer walks the back-of-house with the same fear. When the seller can't answer their questions, offers get discounted — or disappear entirely.

That fear is the single biggest reason your listings get retraded in DD.

PlatePrep.
The Buyer's Walkthrough — Before PlatePrep

The kitchen is a black box.

This is what buyers see today when they walk the back-of-house of the typical independent restaurant.

What buyers actually find:

  • Recipes live in the chef's head — not written down
  • No documented prep list — every shift is chaos
  • Order guides are handwritten notes taped to the walk-in
  • Inventory is a guess — food cost swings 8-12% weekly
  • Vendor relationships are a phone number in the chef's phone

The consequences:

  • Offers come in 15-25% below ask
  • DD stretches for 60-90 days
  • Retrades kill 30-40% of deals in escrow
  • Buyers walk when systems don't transfer
  • You do twice the work for less commission
PlatePrep.
The Buyer's Walkthrough — After PlatePrep

A running platform.
Day one of ownership.

Instead of a chef's notebook and a Word doc, the buyer inherits a live, structured, transferable operating platform. This is what a PlatePrep-organized restaurant hands the new owner.

The black box becomes a running system. Buyer confidence goes up. Offer prices follow.

PlatePrep.
What's Inside PlatePrep — Core Plan

Seven tools. One platform. $299 a month locked for life.

Chef AI

Chef AI

Up to 10 new recipes per month, generated with costed ingredients and portions.

Recipe IP

Recipe IP

Up to 50 stored recipes. The chef's IP structured, versioned, and exportable.

PlateCost

PlateCost

Live cost per plate. Invoice-driven — supplier price changes flow through automatically.

Task Comm

Task Communication

Team messaging between line, prep, and management. Shift notes documented.

Training

Training Videos

Up to 5 new videos a week. Standardize prep, onboard line cooks faster.

Prep Mgmt

Prep Management

Daily prep assignments with completion tracking. Unfinished rolls to tomorrow.

Order Guide

Order Guide + Seamless Order Processing

One-click direct-to-vendor ordering. Every relationship mapped and transferable.

Onboarding

Menu Analyzer

The 30-day onboarding tool that loads the entire menu into Recipe IP from a photo or PDF.

PlatePrep.
See PlatePrep in Motion

Two videos. Two minutes.

Pick the one that fits how you learn: the kitchen — chef-driven, hands-on, real service. Or the pitch — why every hour on paperwork is an hour off the line.

Watch the Kitchen

Watch the Kitchen

The chef-driven kitchens PlatePrep is built for.

Watch the Pitch

Watch the Pitch

Every hour on paperwork is an hour off the line.

PlatePrep.
Sale-Prep Timeline

30 days from upload to fully operational.

Ideally we start when you sign the listing agreement. By the time you go to market, the kitchen is already documented.

Day 1

Menu Upload & Analysis

Owner sends the current menu. Menu Analyzer extracts every dish, ingredient, and price. Recipe IP is populated.

Days 2-14

Recipe IP Build-Out

Chef confirms portions, adds photos. PlateCost calculates live cost per plate. Order guides mapped to vendors.

Days 15-30

Daily Tools Wired

Prep Management, Task Communication, and Training Videos wire into daily service. Buyer-ready.

PlatePrep.
The Machine Behind The Product

You're not partnering with a solo pitch.
You're plugging into an engine.

PlatePrep runs a real sales machine with dedicated outbound, referral partners, and field reps. Brokers slot in as one node in a system that's already generating pipeline.

AI Voice Agent
Jordan
Outbound calls to prospects. Qualifies and books.
BDS
Chad
Email outreach + meeting coordination.
Field Reps
Doug + NJ Rep
On-the-ground walk-ins in tri-state.
Referrer Network
Jesse, Paul, James, Michael, Raul
Food-industry vets with restaurant relationships.
Closer
Buddy Foy Jr.
Co-Founder. Runs every Zoom personally.
→   Pipeline flows through the engine   →   Buddy closes   →   Everyone earns
PlatePrep.
Your Role In The Machine

Brokers are the highest-leverage node.

Referrers bring us restaurants. You bring us restaurants that are about to change hands. That's where PlatePrep has the biggest impact.

The Sell-Side Referral

  • 1. You identify a chef-owned or family-run listing about to hit the market
  • 2. You intro us to your seller before you go to market
  • 3. PlatePrep organizes their kitchen in 30 days
  • 4. You list a restaurant with documented systems buyers can see

The Buy-Side Referral

  • 1. You close a restaurant sale for a first-time or expanding owner
  • 2. You intro us to the new buyer at or before close
  • 3. PlatePrep runs their new acquisition from day one
  • 4. Two accounts. Two commissions. Same relationship.
PlatePrep.
Why Brokers Partner With Us

Three ways PlatePrep moves your listings.

Every listing that adopts PlatePrep before it goes to market gets a competitive advantage buyers can see and feel.

Higher

Higher sale price

Documented systems + transferable IP command premium valuations. Buyers pay more for less risk.

Faster

Faster time to close

DD anxiety kills restaurant deals. With every kitchen system documented, DD moves from weeks to days.

Fewer

Fewer deal-killers

PlatePrep hands the buyer a running system on day one. No renegotiation, no last-minute retrades.

PlatePrep.
The Broker Compensation

Get paid twice.

Your standard broker commission on the sale, plus $250 signing + 20% recurring for the life of the PlatePrep account. Every deal, two revenue streams.

Signing bonus (paid on first invoice)$250
Recurring commission (20% × $299 × 24 mo)$1,435
Total per referred listing (24 months)$1,685

Plus your standard broker commission on the sale. If the restaurant sells, the PlatePrep account transfers to the new owner — and your 20% keeps coming. It's an annuity, not a one-time bounty.

PlatePrep.
How The Partnership Starts

Four steps. Simple.

  1. Identify one listing. A chef-owned, family-run, or independent mid-market restaurant on the market or preparing to list.
  2. Introduce us to your client. Short text or email. We handle the pitch, demo, and 30-day onboarding.
  3. Kitchen organized before market. Menu Analyzer loads Recipe IP. PlateCost + Prep Management + Order Guide wire on top.
  4. You close and get paid twice. Broker commission on the sale, plus $250 + 20% recurring from PlatePrep for years after.
PlatePrep.
Let's talk

Twenty minutes.
One listing.

Book a Zoom with Buddy. Bring your most stalled sell-side listing. He'll tell you honestly whether PlatePrep would move the needle. If yes, we're partners. If no, you have a real assessment from a fellow operator.

Have a great service.
plateprepdemo.com/brokers · ed@broadway7.com · 201-206-8442