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Old 02-24-2009, 11:11 PM   #43
79CamaroDiva
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word to the wise before opening any new business in this economy, have enough money set aside to pay for a full 9-12 months of bills and operating costs before you even think of opening the doors. Tons of people may say it's a cool idea and that they'll come down, but even frequent customers might come once a week, most once a month or less. If they spend $10 each time think how many people you need to draw in to even break even, forgetting about a profit.

Good luck, but don't jump into a new business, especially in the food industry, blindly. Talk to lawyers, accountants, make up spreadsheets and budget everything out.

Also think about new fire code laws. If this place that you're gettig is an old diner, you may end up paying $20k in fire suppression alone before you can open the doors.
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