In regard to opening a restaurant of any type, your reservations, no pun intended, are understandable. That can be a extremely difficult business in which to succeed. It has not only a high rate of failure, but also a very expensive one.

As an alternative, you might consider a catering business which would carry much less risk.

It sounds like you're more amenable to the party favors business, though. Since you're a SAHM, and want a business that will accomodate that, the party favors business sounds like a good fit for you.

You're probably already networking with your prospective customers, too - other people with children.

Nancy
http://www.CreateYourMarket.com
Marketing Ideas for the Home-Based Entrepreneur