Forums: Discussions for entrepreneurs and small business.

Hello everyone!

 

I'm looking to get my restaurant idea off the ground in the near future.  I have tons of great experience in all facets of the restaurant, have several openings under my belt, have a proven track record of team building, great working knowledge of numbers, design, implementation, systems, etc.

In addition I have a great idea for a gourmet food powerhouse/factory.  A very unique idea that bridges two cool cuisines, does so in a fun and exciting way, executes quickly and efficiently and best thing-all at a reasonable price.

I'm looking to take over a leasehold and try to minimize startup costs as well as general overhead.  I've got a solid business plan, proven ability to make this happen and the willingness and dedication to do whatever it takes to succeed.

All I need is some help finding investors.  I'm looking for $125k-$175k and haven't figured out what would be the best terms to attract someone:  30% in the restaurant? 80/20 NOI (Investor/Owner) until principal is repaid then switching until percentage is met?  

Also it's very important to note the goal here is growth.  This one store may not be the biggest cash cow but growing this concept (and the others I have) are very feasible and can make for an attractive detail.

Any help would be much appreciated.  Thanks in advance!!!

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Starting a restaurant is not about getting a few cooks into a kitchen and starting to make food and restaurant standard operating procedures will be of great use to the restaurant owners to run their business smoothly.

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Yes that is correct.  I do have experience opening and running restaurants so I have a pretty idea of what's required-over just having cooks and making food.  I've got the systems, procedures, ideas, etc. for this concept and just need help with the funding

 

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Maybe you can try consulting or inquiring to a BPO company that provides various outsourcing services. There are many companies that cater to startups and to small and medium-sized businesses as well.

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An SSG Specialist in Infinit Outsourcing, Inc, a BPO Company based in the Philippines.

Hi and thanks for your reply.  So you're saying I should possibly look into a BPO for an investor?  I did a little searching on line and didn't see where there was investment capital investment with a BPO...is there anything in specific I should look for?

 

Thanks!

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There are a lot of BPO companies that can help you out by finding the right investor for you. One of the most commonly outsourced task today is research. However, if you can't still afford a BPO company, maybe you can look for freelancers who can build you a database of potential investors for your startup.

Goodluck! :)

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An SSG Specialist in Infinit Outsourcing, Inc, a BPO Company based in the Philippines.

Thanks for sharing this information about restaurant startup. The information you have shared about the restaurant is really helpful as well as informative. Keep sharing more such posts.

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Greensboro Hotels

Whatever business is you are planning to start, its important to have a strategy planning. A business plan is a description of what you aim to achieve and how you propose to do it. And, if you write a convincing business plan, then your chances of obtaining funding are greatly enhanced.

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Invoice Factoring

I also want to start a restaurant business. As you said you need finance resource for your upcoming restaurant business.

You can try biz2credit as a finance resource. Biz2credit have a more than 6 years of experience in finance industry. You also can apply online for more information follow this link http://www.biz2credit.com/small-business-funding/restaurant-loans.html

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