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Thinking about opening a franchise BBQ restaurant

  • Thread starter Thread starter shrimp poboy
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shrimp poboy

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I wont say what the franchise is just yet but yesterday I was approached by the owner in oceansprings Mississippi and presented with an "Almost' no-fail opportunity to participate in what ive seen as possibly the most efficiently run Restaurant ive ever seen in my life(keep in mind My career revolves around opening new restaurants,bars,nightclubs and grocery stores all over the south)Now,Here is the only problem i have to work out.The owner is one of those Bible Belt southern Baptist types and when i told him I would be using "Video poker"Money for start up funding he got a little nervous as he sees his franchise as a family oriented business and in house gambling might send the wrong message.I'm just curious as to how close are you tied to a franchise's business plan if you are the owner and do you have to follow everything that they do to the T to avoid legal problems with them?Discuss i you can.
 
shrimp poboy said:
I wont say what the franchise is just yet but yesterday I was approached by the owner in oceansprings Mississippi and presented with an "Almost' no-fail opportunity to participate in what ive seen as possibly the most efficiently run Restaurant ive ever seen in my life(keep in mind My career revolves around opening new restaurants,bars,nightclubs and grocery stores all over the south)Now,Here is the only problem i have to work out.The owner is one of those Bible Belt southern Baptist types and when i told him I would be using "Video poker"Money for start up funding he got a little nervous as he sees his franchise as a family oriented business and in house gambling might send the wrong message.I'm just curious as to how close are you tied to a franchise's business plan if you are the owner and do you have to follow everything that they do to the T to avoid legal problems with them?Discuss i you can.
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Send me the franchise fee and 50k, I'll hold it for you for the six months you would have been in business and send it to you less 10% so you will have a good business for 6 months and only lose 10%.

Or just send me the money pretend you bought this place, take a vacation and I'll keep all the money and in 6 months I'll call you and tell you your place went under.

Either way it works for me, for you an 18 hr day awaits, loss by theft and 6 months of headaches before you sit in your red plastic chair on your red, white and blue checkerboard table wondering why you ever did that stupid restaurant thing at all.

That will be $50,000 for a consultants fee, send it with your next payment for me to talk to you at all.
 
Grumpy Old Man said:
Send me the franchise fee and 50k, I'll hold it for you for the six months you would have been in business and send it to you less 10% so you will have a good business for 6 months and only lose 10%.

Or just send me the money pretend you bought this place, take a vacation and I'll keep all the money and in 6 months I'll call you and tell you your place went under.

Either way it works for me, for you an 18 hr day awaits, loss by theft and 6 months of headaches before you sit in your red plastic chair on your red, white and blue checkerboard table wondering why you ever did that stupid restaurant thing at all.

That will be $50,000 for a consultants fee, send it with your next payment for me to talk to you at all.
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Ok Grump as always i respect your business knowledge but New orleans only has a couple BBQ joints(unlike TX where they are on every corner)The thing is if the poker people back it(Installing video poker machines in the dining room)Than im not putting any startup into it and the poker bi-weekly checks pay the bills.
 
shrimp poboy said:
Ok Grump as always i respect your business knowledge but New orleans only has a couple BBQ joints(unlike TX where they are on every corner)The thing is if the poker people back it(Installing video poker machines in the dining room)Than im not putting any startup into it and the poker bi-weekly checks pay the bills.
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If you woulda siad strip club I woulda had a different opinion. Just send me the moolah, the outcome will be the same, or just send me half and open the BBQ place, call me in 6 months I'll loan you the money you gave me at 22% weekly, better than poker machines. (for me)

The restaurant business requires 18 hrs a day work, always have to be there so you aren't BBQ'd to death out the back door and the chances of a new place surviving in N O'leans unless it's fried chicken aren't too good. I'll send you the demographics, you still owe me for the first part, demographics are extra
 
Grumpy Old Man said:
If you woulda siad strip club I woulda had a different opinion. Just send me the moolah, the outcome will be the same, or just send me half and open the BBQ place, call me in 6 months I'll loan you the money you gave me at 22% weekly, better than poker machines. (for me)

The restaurant business requires 18 hrs a day work, always have to be there so you aren't BBQ'd to death out the back door and the chances of a new place surviving in N O'leans unless it's fried chicken aren't too good. I'll send you the demographics, you still owe me for the first part, demographics are extra
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LOL you did nail it with the fried chicken
 
you can obviously make money with a restaurant business...but there are definitely easier ways...and the grumpster is right...you gotta be there all the time, otherwise cash will go in people's pockets (instead of the till) and food and drink will flow for free, not to mention that no "manager" is going to take care of cleanliness and customer needs/complaints like you (the owner) will...i can show you a bunch of clients that i have (have had) who found this out the hard way...they opened or bought an existing food/beverage establishment, ran it through the start-up phase, then hired their brother-in-law, sister-in-law, brother, sister, mother, whoever, and this person robbed them blind and ran the place into the ground...for every out-and-out success story i've ever seen, i've seen half-a-dozen or more abject failures...it's a DAMN tough business/industry.
 
If you think your hustling to make a buck is a headache now, you ain't seen shit yet.

I wouldn't roll the dice
 
1) Leave EF
2) Pick up the phone
3) Call other franchise owners of that fanchise and talk to them

You gonna turn it into a casino with 50 video poker machines or something???? check with the city first.

r
 
Ok guys i respect your input but keep in mind i have over 18 years in the industry.Now,Video poker is pretty much the staple in any bar or rest in New Orleans you are allowed 3 machines per liquor liscense and The Guys who own the poker companys are all close to me in what i do every day.They will back me with 50 to 75k of start up and just take it from my cut that comes out the machines(100k per machine per year gross is avaerage)
 
Yeah but I ask, do you think bars in restaurants attract the kind of barfly who'll sit there and spend hours on a video poker machine like in a dive bar? Call other owners and ask.

r
 
Razorguns said:
Yeah but I ask, do you think bars in restaurants attract the kind of barfly who'll sit there and spend hours on a video poker machine like in a dive bar? Call other owners and ask.

r
Click to expand...

yep, around here housewives slip in the doughnut shop to gamble
 
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