In restaurant terms I would say a chain manifests when the motivation is no longer “we are a couple/small group who have an idea and love food” who open a restaurant, them another and then a few more BUT THEN PIVOT to “we need capital to rollout out new restaurants so we have leveraged the help of the following investors”
that is the moment it stops being about the chef/food on the plate and becomes about the spreadsheet
so it is POSSIBLE for a restaurant to have 50 branches and not be a chain - but I can’t think of any
I don’t know chango - by based on the number of outlets they appear to have just crossed/or are about to cross that line
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