3 ms·
Novice restauranteur. . .. is just another word for failure. You cannot purchase a restaurant without knowing the industry (eg by working in it), and expect th
by marak830 9y ago
Novice restauranteur. . .. is just another word for failure.
You cannot purchase a restaurant without knowing the industry (eg by working in it), and expect things to just flow.
Don't take the leap, actually learn what the hell you're getting into.
As for the landlord, bloody hell. Needing to spend 20k on plumbing and they didn't think that was a bad place to rent ? There is no excuse for that, even if there was more than 20k of equipment on premises, they should have seen the warning signs.
Tldr: foolish investor thinks buying a restaurant is easy money, learns the hard way that it isn't.