3 ms·
1: Just because you love a certain type of food or a franchise doesn't mean many share your opinion. Food is very objectional. 2: MANY restaurants fail within
by lsiunsuex 13y ago
1: Just because you love a certain type of food or a franchise doesn't mean many share your opinion. Food is very objectional.
2: MANY restaurants fail within their first year. You have a better chance with a franchise, but there is still opportunity to fail.
3: Franchises are very - you do what we say, when we say it, how we say to do it. It's a numbers game; follow what they say, expect X profit keeping in mind points 1 and 2.
4: And most important, you will work your ass off as a restaurant owner. This isn't a 9-5 job, its a 6 to midnight job.
On the other hand, I personally would love to open a restaurant; it's one of my dreams to do. I have tons ideas of possible themes, names, dishes, design, quality of service, quality of linens and plates, etc... I don't like franchises and while my area has a ton of franchises and locally owned, I feel I can do better on my own making my own choices. I love walking into a restaurant and noticing worn painted walls; wrinkled table clothes, chipped dishes, how customers are treated, prices, etc... I love to take these notes in the back of my head and say that works, that doen't, this dish costs to much, this wine is to expensive, etc...
Good luck though; owning a restaurant is an excellent way to gain connections. Maybe from some of the connections you gain, it brings you back full circle to being a "hacker"
- oldfactory 13y agoThanks. Good feedback. Yes, the time commitment would scare me more, but I have some reliable family members that can help. I already work with them, so I know what they're capable of. I have considered opening my own idea for a restaurant, and I wouldn't run a Subway or McDonald's for anything, but this franchise is relatively small and growing really quickly because people rave about it. It feels something like Ben & Jerry's in the early days. I don't have the bankroll to gamble on my own idea for a restaurant, and I'm a noob so I'd probably mess it up like most people do. Even though I'm almost arrogant enough to think I could do it. A franchise I really like seems like a good balance of risk and reward. Thank you.
- lsiunsuex 13y agoWhats the name of the franchise / restaurant? I'm curious now...
- oldfactory 13y agoMy apologies for keeping it quiet for now (I have some reasons), and thank you :-)