Recent content by jjf975

It’s so hard to walk away from something I have worked so hard for.

Any resources I can look into regarding my one-sided partnership agreement. I trusted my partner fully and signed it…much to my chagrin now. Long story short, business is breaking even and my partner (money guy) wants out and he wants all his money he invested. roughly 750k. He is willing to...

Ive been running the same numbers. We are at the mercy of the market because we have fixed costs (our menu) Everyone keeps telling me to ride the wave out, easy for them to say!!!

any info…good or bad please. Thank you

Any info on credit card processing loans where they take their payment from credit card sales at the end of the month?

Properties are not for sale, One location is on a intersection with a light(Major highway) second location is a free standing. rent for both properties is 11k. Total fixed expenses are roughly 31k including rent and my note per month. Expected net sales for both stores by November (Full year...

I have two rest. about 45 min apart. 1st. rest is 18 mos old and second is 9 months. Sales for first rest. is 780,000 first year and second is on target to do the same. These are gross sales number. Any idea what you would sell for?

50 percent partner. I could not have him here. He is not of the rest. caliber. Looks at everything from a cust. perspective (which is fine). I told him one time that it takes about 15 minutes to cook a pizza. One friday night we had 35 tickets pinned up and he could not understand why all those...

Im at a loss here guys. My partner is down my neck. My food cost hovers around 28 -30 % My Payroll is about 36%. I was not expecting to have such a terrible summer. TERRIBLE! Anyway. Food prices are high. My payroll is high because this is my 8th month…hate to be slammed and not prepared…also he...

Is it possible to run a 25% payroll for a full service restaurant…110 seats plus bar with 13 stools/pick-up and delivery. Italian pizzeria menu. And what would you do as far as scheduling goes to cut people when it is impossible to forecast sales. I have no trend…this is my first year. I would...

Can someone tell me some averages here. 2nd restaurant is in it’s 8th month. Very affluent area with lots of competition. Summer here and gone and with a drop off of 50% in sales. I was reluctant to cut people with fear of a possible rush and did not want to tarnish my reputation. Of course...

Need help here guys…how do you figure your food costs. I have always used the previous weeks sales to current weeks purchase. Also when I figure my costs I exclude beer and wine since it always fluctuates and the inventory sits longer. I operate a full service restaurant and strive for 25%. Can...