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4 Replies Last post: Mar 15, 2009 8:46 PM by arttown

Looking for restaurant start up funds

Jan 6, 2009 3:58 PM

Click to view thebusyone's profile Start-up thebusyone 1 posts since
Jan 6, 2009
Hello,

I have just found this site and joined! I am trying to find a way to fund the rest of the money needed for a start up restaurant, but as many of you probably already know, the banks are not touching anything like this at this time. Does anyone have any ideas? I am currently looking for $350,000.00 and would be willing to look at different avenues of financing (banks, private investors, partners, etc.). I do have a business plan, credit is good, and there is plenty of opportunity for gain. I am in a former restaurant that is over 15,000 sq ft and has a full restaurant, 2 seperate bars, and banquet facilities. We are on a lease right now, but the owner is willing to sell AND hold the mortgage and the funds needed would cover the cost of the down payment and opening expenses. We have just remodeled the entire building and could be opened in the spring. I have over 20 years of experience, and have a team already put together. Please let me know if there is anyone out there that can help!
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Click to view LUCKIEST's profile SCORE LUCKIEST 7,926 posts since
Aug 6, 2007
1. Re: Looking for restaurant start up funds Mar 12, 2009 4:47 PM
Looking for restaurant start up funds, Welcome Ruth

Interesting. It is great that the present owner is willing to hold the mortgage

I would like to read your Business report.

LUCKIEST " pdeig@juno.com "
Click to view arttown's profile Authority arttown 6 posts since
Feb 16, 2009
2. Re: Looking for restaurant start up funds Mar 12, 2009 5:26 PM
in response to: LUCKIEST

GREAT I CAN HELP YOU! I HAVE A PARTNER THAT CAN HELP YOU GET A BUSINESS LINE OF CREDIT ASIDE FROM YOUR PERSONAL CREDIT. ALL YOU NEED IS A BUSINESS PLAN!!
Click to view wildmahal01's profile Start-up wildmahal01 1 posts since
Mar 14, 2009
3. Re: Looking for restaurant start up funds Mar 14, 2009 9:30 PM
in response to: arttown
we are trying to open up a little pizza shop. we almost have all our equipment but we are short for some,we probably need about 5000.i need some adive.can you help me?
Click to view arttown's profile Authority arttown 6 posts since
Feb 16, 2009
4. Re: Looking for restaurant start up funds Mar 15, 2009 8:46 PM
in response to: wildmahal01
MY E-MAIL IS townsendangela22@yahoo.com SEND ME YOUR INFO AND I CAN HAVE MY PARTNER GIVE YOU A CALL. HOPE TO HEAR FROM YOU SOON.

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