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system
Guest
Hi Tom
I am comtemplating buying a small pizza resturant which cater to an upscale neigboorhood. The rest has an excellent quality pizza and menu. It has been graded the “best pizza in Houston” in 2003. It has a net proift of $80k/yr. The rest. has been in the same location since 1999. The facility is only 1000 square feet.
The seller accepted my offer of $173,000 with 45 days training.
I do not have any recent pizza resturant management nor I work in a pizza resturant lately. I have some exposure of the business many years again. My friend who is a chef, having no resturant management, agree to run the store for me. I am in real estate and mortgage business .
What is your advice ?
I am comtemplating buying a small pizza resturant which cater to an upscale neigboorhood. The rest has an excellent quality pizza and menu. It has been graded the “best pizza in Houston” in 2003. It has a net proift of $80k/yr. The rest. has been in the same location since 1999. The facility is only 1000 square feet.
The seller accepted my offer of $173,000 with 45 days training.
I do not have any recent pizza resturant management nor I work in a pizza resturant lately. I have some exposure of the business many years again. My friend who is a chef, having no resturant management, agree to run the store for me. I am in real estate and mortgage business .
What is your advice ?