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5 Replies Latest reply: Jul 25, 2008 4:16 PM by Bigfunder RSS

Equity Capital Needed for Restaurant Start-Up

SliceofLife32 Newbie
Currently Being Moderated

I have a great opportunity to open up the only restaurant in a medium-sized rural town. The building I am looking to purchase has a restaurant on the first floor and three apartments on the second. There has been no restaurant in operation for two years (because of owner problems - not lack of business) and the apartments are rented. There are several larger businesses in this town and surrounding communities. Many of these surrounding towns have no restaurants either.

I have a business plan, my start-up costs and projections done. I have also been pre-approved for a loan. However, my obstacle is that I need 10% of the real estate purchase price to complete my dream. I have sought out investors with no luck. I have also sought lenders who will do 100% financing, but they all have minimum loan amounts which are higher than what I am seeking.


I am needing start up capital in the amount of $27,000. Would be willing to pay back monthly or as a short-term investment. Terms are negotiable. I have been working on this business opportunity for a year and I am ready to walk in the doors and start my restaurant as soon as I can obtain this start up money.


I have read many posts on here and I can say I have used the SCORE counselors, have been in contact with the SBA, Rural Development Department in my area, and town council. Again, the only thing I need is an investor to help me realize my dream.


Only serious replies please. I do not need a counselor or someone who will charge me for their service. If I had money to pay your fee, I would not need an investor. Thank you for any ideas or suggestions.
  • Re: Equity Capital Needed for Restaurant Start-Up
    LUCKIEST Master
    Currently Being Moderated
    Equity Capital Needed for Restaurant Start-Up, Welcome and good luck.

    It would be helpful to know more about you, Your background and where you are located.

    Good luck, LUCKIEST
    • Re: Equity Capital Needed for Restaurant Start-Up
      SliceofLife32 Newbie
      Currently Being Moderated

      My credit score is 672. As stated in my original post, I have nothing against me in getting a loan other than the required money down.

      I live in Ohio and have worked or managed a restaurant since I was 16 up until the past 4 years. I did open and operate a small diner in this same home town 4 years ago, however, shortly after I opened I had major disputes with the landlord over several issues and decided to end my contract with him. (this is no longer a restaurant) is only for a three year unsecured loan. You cannot use borrowed funds from a lender for your start up capital.
  • Re: Equity Capital Needed for Restaurant Start-Up
    PiperE Newbie
    Currently Being Moderated

    And your credit score? That isn't much money, $27,000. I have one product that might help, it is a business line of credit for those who do not yet have the business set up. But it takes 3 months or so to actually start getting the credit.

    I know! Go to It is a peer-to-peer loan site. Get your story out there, they will eat this up. You could get your funds very quickly. Unless you have a family member with the cash, or a home equity line of credit, woud be the next best thing.

    Good luck to you!
  • Re: Equity Capital Needed for Restaurant Start-Up
    rayazcui Newbie
    Currently Being Moderated

    I provide business and persoanl lines of credit that can help you obtain the funds you need. You can contact me 718 484-3592 or 347 859-5087 if you serious about getting funds

    Thank You

    Ray Azcui

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