Apparently sales this week has sucked. Bo just filled me on the sales and we are about $1000.00 shy of where we were last week. When folks are going to get out of their post Labor Day funk is boyond me. I know little Johnny is back in school.....but does your whole dang mid-week life quit? I mean, I got two infants and we still get out at least one night a week.
What do you think about these #'s for a new start-up bbq restaurant. I'm thinking aboutAsking
ReplyDeletePrice: $62,000 (cash, no terms offered)
Gross Revenue: $172,784 (annualized)
Cash Flow: $31,460
Inventory: $2,000 (Included in Asking Price)
FF&E: $15,000 (Included in Asking Price)
Rent: $1,700 per month and 1,100 sq feet with parking buying it.
it is very tough to answer the question without a little more info........info such as the area, demographics, future growth, traffic count, etc.. just looking at the numbers it looks like something you are going to work your ass off day in day out without deserved return. the gross rev. is concerning.
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