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10 Resons Benefits of Buying a closed Restaurant /Failed business

1.  Able to save 90% of the start up/permitting costs

2. Getting Equiment/Funiture and Fixtures for .10 on the $

3. In great position with Lanlord to negotiate New and More Favorable Lease

4. Restart with your own concept/menu

5.  Have Vendors ready to give you best pricing and lots of free bees just for trying them out

6. Give Fresh Look with minimal costs- Painting/Artwork/ Theme Change

7. Have a Grand Opening and Sign of Under New Management

8. Starting with Clean Slate of Employees/Managers

9. Be Able to give to the local community

10. Resell after a Year and make a Profit

Published Thursday, April 22, 2010 9:35 AM by Pete Harrison

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Tuesday, May 25, 2010 7:25 PM by Bob

# re: 10 Resons Benefits of Buying a closed Restaurant /Failed business

Pete, this is an ideal situation, what do you assume one should have as working capital from first and last, payroll, revamp, new theme, etc when entering a shuttered location?  We have a great concept for a sports bar.  Let me know.  do you have any opportunities in Bradenton, St. Pete, Tampa (manatee area)?  Please e-mail me at bob.swift@hotmail.com

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