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  1. J

    Business Partner

    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...
  2. J

    credit card receipt advance

    any info…good or bad please. Thank you
  3. J

    credit card processing loans

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

    selling biz questions

    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?
  5. J

    partner

    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...
  6. J

    payroll

    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...
  7. J

    Averages

    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...
  8. J

    Food Cost

    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...
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