OT - Anyone here own a restaurant?
Jay Honeck wrote:
You have to sell a lot of $4.00 hamburgers, $2.00 hotdogs etc. to make a
decent amount of money.
True. However, I see a restaurant as a necessary adjunct to the Inn, nothing
more.
If it were to merely break even -- but double out hotel business -- I'd be a
happy guy. :-)
God knows it's a great location. They're building a Super Wal-Mart down the
road from us (if it ever gets out of court), which should increase traffic,
oh, 5000% or so?
My sister-in-law manages a small restaurant and bakery. They are very
popular, almost always full with a line waiting at the door and just
barely break even. If they lost 20% of their business, they would lose
money. The margins are razor thin for a restaurant.
I'm not saying you shouldn't do it, just keep in mind that you will
likely lose money for a year or two and then break even or make a little
only if you are VERY popular, always busy and run a very tight ship.
Matt
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