0:00 know how big Tommy Bahamas they would swallow you whole they would flush your soul do you know how suicidal I am I'm the kind of guy that'll bolt my own business just to prove a point [Music] I know you're a fan of Raising Canes I love raising kids no they came up out of nowhere even though you never eat the best part the bread oh because I always give it to my girl she loves it so you give her the best part you give it to me too bro I do give it to you I was talking about you my girl everything he does is so awesome and nice he's a ████ guy yeah ████ such a zany wild gray guy he's the new enemy I hate that ████ don't you make us all look bad
0:52 this guy sent the message everything's wild yeah bro it's a wild day so uh um Raising Cane's chicken fingers sues Indiana Shopping Center after being told it can't sell chicken fingers already kids told the shopping center they're not allowed no no no raising canes through the shopping center Sue's the shopping center because the shopping center tells them you can't sell chicken fingers oh so they think they have exclusivity in the region they do have that so why would they let them ████ open in their shop I'll tell you the shadiness right now okay tell me the detail so for those of you not familiar with Raising Canes it is a literally chicken fingers basically exclusive thing it says chicken fingers in the ████ title okay they're every ████ word everywhere they're killing it a restaurant famously known for
1:42 exclusively selling chicken fingers assuming a Northwest Indiana Shopping Center after being told eight months and over a million dollars in construction later that it would be prohibited from selling chicken fingers due to a long-standing undisclosed deal with McDonald's McDonald's they don't even they're not even in the town they got chicken fingers McDonald's doesn't have chicken fingers they used to have the selects remember the selects yeah they don't have that anymore oh that's right oh and then they took it off the menu a lawsuit followed by Raising Cane's in a federal court in Texas alleges that Crossings of Hobart and property owners Schottenstein Property Group tricked the popular chicken finger chain into signing a 15-year lease that would equate to more than two million dollars in rent while never disclosing that McDonald's held the exclusive rights to sell chicken at the shopping center located next to South Lake Michigan
2:33 Sioux commercial real estate is amazing you can lock someone in for 15 years like that and go oops well you kind of want you kind of want more years because then um what commercial real estate does too is let's say you have shorter years and you become tremendously successful then like let's say if it's less than a five-year lease then they go oh by the way your rent just won yeah they just hike it up because they know you've spent so much money on building your ████ already yeah that if it's like Helix you know they're like all right well ████ it I'm doing really well here and they're like okay well it's double the rent now there's no rent control like residents have for them it's like whatever wow yeah and um they're supposed to disclose it because like even in my um shopping center they told us that there's a coffee exclusivity that they have with one of the tenants so we're like oh we
3:23 have coffee products and they're like it has to be mixed with tea it can't be pure coffee like all that stuff so I'm like I get it if they have that contract they have that contract so they're supposed to tell you beforehand though they can't say yeah come on into our building but what's stupid is that they sh this place should want Raising Canes to open because then you have a tenant that pays rent but not only that a lot of shopping centers they collect a percentage on your profit or your gross so like if the if the business is open they might even make more money with your business open so I don't get why they would do that maybe they don't want to get sued by McDonald's that's a no ████ that but that's also stupid to not disclose it so short yes short-sighted yeah that's a weird that's a weird and raising canes is part of its push into Indiana plan to build a double drive through restaurant on the site of
4:13 affordable TGI Fridays can anyone does anyone know how they track it double drive-throughs so like double yeah you go through the drive-through on one angle and then there's a drive to the other angle and there's people getting some people are way too polite and they hold up and they let ████ three people go how do they know I think uh when they're filling out the order they'll write uh for example it'll be like a gray Odyssey yeah or be like blue Mini Cooper yeah really well they'll have people in the car lines like Chick-fil-A Chick-fil-A just ask your name right yeah yeah they have people like sometimes sometimes when I like look at like the POS or something like that it'll say something like uh like Asian white hat yeah you know what I mean so they the the the internally they understand how to like work or they have the little eyes the little Asian eyes yeah they just draw us perfect perfectly like on the Starbucks cups they do a Chinese hat with the Asian eyes oh that's good what yeah no we did a whole
5:04 JK it was about like a couple of times they would just do like little squinty eyes on the Starbucks cup instead of their name wow despite knowing that anyway quote quote it's both despite knowing that the entire business model of Raising Cane's chicken fingers is premised on the sale of chicken fingers defended specifically did not disclose the issue before the lease was executed so it basically like you said why would you not disclose it it's basically super super either dumb or Shady trying to lock somebody into something and then maybe expecting them not to like Sue or something it sounds more dumb because at the like let's say they do this right and they pull it off the the consequences like this is way far greater than how much they're gonna make oh and the lawsuit claims that not only
5:55 did the defendant specifically tell Raising Canes that there were no exclusivity rights that would affect the restaurant oh that's even worse but that the defendants even tried to sell Raising Cane's the exclusive rights to sell d-bone chicken at the shopping center all while knowing McDonald's had already been sold that right that's ████ up okay they try to double dip in that Polynesian sauce dude this is the claim of the lawsuit yeah quote incredibly defendants did not tell Raising Canes it would be unable to sell its chicken fingers at the shopping center until nearly eight months after watching Raising Cane's spend nearly a year of time and over a million dollars to develop its new restaurant that's pretty fun that's super ████ did she gets too hard in general real estate commercial real estate landlords and stuff like that that whole game is
6:46 uh it's a game it's a game my one of my um most wealthiest friends he's got like over 100 Mil and like just like net worth and ████ he started um in the in that game like he was he was working entry level at a commercial real estate company and he's worked his way up and like the level of like the ████ that they do I'm just like those numbers I can't even understand yeah because it's like they're they own multiple shopping plazas all that ████ and I'm like yeah damn you ████ Lowe's pay rent to you like that's crazy you know like like ████ you get Old Navy and they pay rent damn I never heard of that like Target pays your rent they're long contracts yeah that's crazy because I'm just out here thinking about like like a thousand bucks a month but then you got to deal with Lowe's calling
7:37 saying the toilet's clogged oh that's the worst exactly like you're a hardware star I'm clogging yourself Lowe's is like our ████ neighbors are like running over the roof or something here's some extra anecdotes according to the lawsuit a little over a week after Raising Canes began construction on the site of a former TGI Fridays The Crossings of Hobart sent a letter to McDonald's seeking a waiver of their exclusive rights in order for the shopping mall to secure Elise with Chipotle McDonald's reportedly declined the request the lawsuit states that in McDonald's letter the golden arch fast food chain also reminded the property owners that the proposed Raising Cane's chicken fingers would be a violation of the terms of the exclusive shipping layers yeah so they try to do it and order the property owner to quote immediately cease any such proposal to
8:28 sell chicken and quote do you think the guy who owned the TGI Fridays there before I was like I'm never selling chicken again in my whole ████ life that I am a chicken selling chicken broke me broke my brain like they they ran them out yeah I did he got ████ over yeah poor guy he's like ████ it we're never selling chicken here again what what do we got steaks we'll sell steaks I wonder how gangster McDonald's contracts are I mean also the lawyers they probably know they don't have to Cave into anything yeah but just the idea of like McDonald's isn't necessarily like no known for chicken of course like we all like know them to have chicken they have so many different tactics to block prosperity of competitors yeah even if it's not even the same ████ they're just like no we want people to just go to McDonald's yeah it's crazy yeah because
9:19 it's maybe not not necessarily like well we don't because they don't even have those strips anymore I don't see it at this no they just don't maybe for them it's like yeah Raising Canes is popular we don't want you to eat your lunch there everyone's gonna choose that over McDonald's definitely you know what they ████ up is I don't really see the ████ crew anymore I don't see McDonald's I don't see Grimace yeah that's true the hamburger it means the crew we need the squad that's where they lost I love the idea of all of those characters rushing into a raising canes and just trashing the place around here the hamburger is in there he's like I don't know what to see [Laughter] I've never had this problem before having an existential crisis it's like I'm useless he's like what do I do I need to call my mom
10:11 I don't know what to steal I don't want to give more information because that's way better than anything yeah I think we're good I want to know everyone's in the grants you want to know yeah is there yeah of course you're interested in that I'm a nerd when it is dude this is like despite McDonald's strong stance the defendant said nothing to Raising Cane's the lawsuit said instead defense stood on the sidelines as Raising Canes continue to incur over a million dollars in development costs lawsuit goes on to say that the crossings of Hobart once more tried to get McDonald's to waive the exclusive chicken rights days later but McDonald's again strongly urged the property owners to have Raising Cane's seats construction according to the lawsuit defendants didn't come clean about the exclusive rights until March 22 2022. six weeks after turning the property over to Raising Cane's so I think this is
11:01 um McDonald's Raising Cane's having to deal with the landlord not each other because that exclusive is with the landlord so if the Raising Cane's opens up they just open up yeah and the landlord's probably like no I'm sure I could talk to McDonald's and figure it out I think they were trying to like alleviate it along the way it's like no no we gotta try and get the Chipotle okay ████ that didn't work uh Raising Cane's already started construction uh let me try again you know what I mean what would you do if you opened up your your June B finally and then Tommy Bahama across the way was like we have the exclusive to matcha Tommy bye bye we're already open bro what would you do Tommy but bye bye you know how big Tommy Bahamas they would swallow you whole they would flush your soul do you know how suicidal I am I'm the kind of guy that'll bolt my own business just to prove a point dude
11:52 Tommy Bahama will have so many boat dads coming through your front door it's the guy with the boat shoes you could be hitting them with machine guns and there's still more Boat Boat dads coming through yeah it's like ████ World War Z dude yeah dude that would be the weirdest matcha exclusive like they sell shirts if I were in Raising Cane's shoes and like I was already almost a mill in I would be like I gotta open sorry guys there's just no way I have to open I'll deal with the consequences later because what are you gonna do is just say oh you won't let me well okay because it's one choices you guarantee a 800 000 loss the other one is uh you open you make some money lawsuits come and maybe at least you have income and you can drag it out you can pay it out in a bigger level that's what galaxy Samsung did with against the iPhone you gotta yeah we're ripping off all your patents we're gonna
12:43 build a whole other lane ████ won't see you in court and they did that and they got sued for a billion dollars but it was so profitable for themselves and they save their whole business because you want to be like oh well I guess we can't and then you ████ guaranteed lose a million rather be in a position with options than you just you can pay your lawyers yep I'm gonna steal people's ████ yeah honestly let's do our own movie Let's do our own TV we'll do black cheese first thing that comes to mine let's do it hey guys hey you know what we'll sell our June beats for 40 off ████ what are you gonna do [Music]
13:35 foreign
// end of tape