Harmony

Hello Everyone,

  Can you give me some advise?  I have a client now who has a
restaurant business, I wholesale to him my products.  He is
now very slow on one end of the business.  He has offered me
to take a 70% profit on everything that my menu sells.  I
would have to finance my end of the restaurant.  He gets 30%
of profit.  He has bought the building, and so he will not
charge me for rent, or to use his kitchen.  The restauarant is
located in a very hot spot on the beach.  The properties here
are in the millions.  Do you think it would be a good
opportunity, for me to take over the business, on the one end
of the restaurant.  He would still run the other end which is
a separate menu.  I would be working with a very good chef,
and so the food would definetly be great.  I would have to pay
the chef's salary, and also the waiters.  I am  low on
financess at the moment.  Although I have anough to pay for
the first month or so.  The restaurant would have to be an
ammediate success.  Should I take this opportunity?  I need to
decide right away. 
Thanks for your advise.

Harmony:

You indicate that you are a wholsaler and this offer is for you to becoem a restaurantuer. Two very different businesses. Is this the best use of your last capital?

Being an immediate success is a tall order. 6-12 months of capital are normally what you would expect for this type of venture. How well established is your "partner" and how long has he/she been in business. What type of volume are they producing now of your product that you can rely on for immediate cash flow...

Lots of questions need to be answered. I would like to help.

Bill Joyce
call me (see my profile for number and e-mail)