There are many traps the first
comer to the caf? business should understand. I have outlined the top 7 points
to check on and consider, when buying a caf?.
Its is a great business to be in
and at the moment some great bargains are to be had out there, as not many
people are buying, but there are many good cafe’s and restaurants to be had and
don’t let the current economic situation deter you from your goals.
I have outlined 10 points you
must look at very carefully when buying a caf?. You must do your homework and
be 100% sure on all these points.
You never see a franchise
operation in a backstreet do you? And so don’t even consider buying in a
backstreet, the rent will of course be cheaper but remember the old adage
“you only get what you pay for.”
2. The lease:
Make sure you read the lease
carefully, don’t just leave it up to your lawyer to do this, you must make and
effort here and anything you don’t understand, make a note and when consulting
your lawyer bring these points up.
A lease should be a minimum of 12
years long, 15 would be preferred, and then you have something to sell to the
next person buying a caf?.
So a 5 x 5 x 5 lease is perfect,
this means you have 5 years to run before you can either renew for 5 years or
get out, but you can effectively stay for fifteen years.
Some leases have the lessee (you)
paying for all the external repairs and maintenance to a building, look these
are hard times now so negotiate all points in a lease.
When buying a caf? make sure you
have at least 40% …
“A restaurant is a
commercial establishment, where meals are prepared and served to
customers”. Today starting a restaurant business is very profitable. We
find restaurants in the nook and corner of every street, yet you find that they
all seem to flourish well. The food business is considered the best business,
with more than 200% percent returns.
Starting a restaurant business is
quite challenging, but being an owner is a good career and you can meet a lot
of people. If you are serving delicious food and if your customer starts loving
your food, they are sure to keep coming for more. In a short period of time,
your restaurant will become very popular and start attracting more and more
customers and this will naturally this means more income. You can either
purchase an existing restaurant, or you can start a new one. If you buying a
restaurant, you have to make a thorough research about its present condition
and whether it is worth buying it. And, if you intend to start your own, make
sure you select the right place and serve the most delicious dishes and with
proper sanitation, ventilation and waste disposal facilities.
Restaurants serve different types
of food such as fast food, barbecued food, and delicious cuisines from
different parts of the world like French Cuisines, Italian cuisines, Chinese
cuisines, Japanese Cuisines, Indian Cuisines, Thai cuisine, Mexican Cuisine
There are so many types of them,
Some of them you will find are: Brasserie, selling cheap food and drinks;
Bristo, a small informal restaurant selling moderately priced food and drinks;
Drive-in -a place where you can order meals and dine in your car;
Drive-through, where you cam place orders and receive the food without getting
out of your car;A revolving restaurant, which keeps rotating slowly; The …