We need to submit a preliminary proposal to the college to be considered to take over the restaurant that failed. There are about a dozen people who've expressed interest in it in the last year. I think we'll have a strong proposal, we know the town, and know what people want. But we ain't got no moolah!
Dan says he's working on that. I started a business plan and tried to work on the financials today. But it's all estimates until I talk to Dan about customers and get more details on insurance, licenses and equipment leases. The numbers I have now shows us making a whopping 10,000 the first year. Seems about right. Later years are 100,000. We might be able to open with 80,000 cash, but I'd feel much better with 125,000. And that's with leasing the building, not buying new fixtures, and living upstairs the first year.
We're completely insane.
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1 comment:
Sounds exciting! Also a shitload of hard work and panic. Perfect recipe for dreams-come-true.
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