Your Questions About Investing In Restaurants

0
0
0
0
0
0
0
0
0
or copy the link

John asks…

How do i go about investing in a sushi restaurant?

My boyfriend plays pro football and wants to put a portion of his money into the opening of a new sushi restaurant. we’re young and don’t know anything about investing. What are some questions we would need to ask the people opening the restaurant? and what are some things we should be careful of? How much money is a good investment? $20,000?

financi4 answers:

A restaurant is a cash business (at least a significant part of it). I would be hesitant to invest in such a business unless I was going to be part of the day to day operations, or you implicitly trusted your business partners (like a family member). A fast food franchise has measures in place to prevent theft (encourage investment), and would work better for an absentee investor.

Steven asks…

What should the best estimated amount of money be when investing to starting a Restaurant?

I just want to know from people with experience so in the futrue if I choose to go that route I’ll be better equipped and stead fast in the game

financi4 answers:

Depending on the restaurant and location I would say at least 60,000. A restaurant has a lot of start up inventory, food, staff, tables , chairs, plates, rent/lease silverware, stoves, work tables, knives, spices, menu’s, lighting, heating, refigerator, freezers, cook ware, It is pretty expensive. But often you can get a buisness loan so you do not have to have all of that

James asks…

Any proffesional business men? What should a restaurant invest in, in order to produce higher profits/sales?

This is a top notch restaurant – currently with no problems – though spend high amounts on renovation.
what should they invest in?
I cant seem to find one.
i then need to do an investment appraisal
do i need to research the prices of that particular investment? and then do the calculations?
or should i ask an estimate from the owner?

thank you

financi4 answers:

Spending high amounts of renovation may not be such a good idea unless your restaurant is already a very profitable one or you have taken a franchise of a well known national chain which insists on renovation. The first thing you need is an excellent location. This is the most important thing in the restaurant business. Then you need to analyze what types of restaurants will work well in your area. After that you decide on the pricing. If your restaurant is already functioning and you know what type of restaurant you want to run or are currently running. Also, if the prices are well thought out than to increase sales you need to do a lot of promotion. Marketing your restaurant in a smart way to target your customers.

Chris asks…

What is the fair share for silent partner?

Me and my two other partners are investing in restaurant business. I will be the main operator and the other two partners are silent partners. Each of us invested equal shares of $. What is a fair way to share profit since I’m the active owner.

Should I just get my desirable salary plus equal share of profit or should I get more profit % (ie 40% for me and 30% for the other two). Can anyone give me input? Thanks.

financi4 answers:

That is a hard one. If you all put in the same $ then it should be fair share of $. But in the other hand if you are the one that will have to do all the work and run the joint. Then you need to take more of the % or get your fair % to make all parties happy. Then just put a value on the work you have done and pay yourself a SALRY…Hope this works out for you and GOOD LUCK..

Joseph asks…

is it a good idea to consider investing in your own restaurant with the economy in its current state?

financi4 answers:

No. Restaurants are one of the worst investment options even in the best of times. They are worse than worst in bad times. But even in bad times some can do well. McDonalds for example seems to be immune more or less from the slumping economy. It might be because Mac markets to kids and kids know how to manage their adult supervision.

Powered by Yahoo! Answers