View Single Post
Old 02-28-2006, 10:56 AM  
chadglni
Confirmed User
 
Join Date: Dec 2002
Location: PEI, Canada
Posts: 6,924
Quote:
Originally Posted by will76
restaurants / bars... 90% fail in the first 2 years. Kiss your life good bye, very long hours. If you are not there working 14 - 18 hours days they will steal from you till you have nothing left. I would never suggest to anyone to invest into a bar / restaurant, especially if the person hasn't worked in the industry for a long period of time. I have lots of experience in the industry from bartender - manager - part owner.
Don't know what kind of bars you were running but my friend owns multiple. He rents a building, puts in something to attract clients (pool league, poker tourneys, whatever), and pretty much turns a profit from month 2. Soon as he sets one up he rents another building and starts over. Everyone must try too hard.
chadglni is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote