Babs,
Cooking/food seems to be a major passion of yours, why not go for it? This sounds like a much more profitable endeavor than even your earlier dream of the Saffron Chicken truck idea
I used to live near a struggling Persian restaurant that was featured on Gordon Ramsey's show. He completely changed the decor and menu. Restaurant lasted about 2 months
I have no experience in the reataurant business, but I don't buy the this whole story. A small restaurant making that kind of money wouldn't sell for $85K.
I do enjoy the Babs giving it to LKJ. New material too...
I have no experience in the reataurant business, but I don't buy the this whole story. A small restaurant making that kind of money wouldn't sell for $85K.
I do enjoy the Babs giving it to LKJ. New material too...
Quote:
The Formula – Generally, the sale price is determined by taking net profit times a factor of 3 to 5. So if a restaurant realizes $100,000 in yearly profit, it's asking price should be between $300,000 to $500,00
INGREDIENTS
4 boneless skinless chicken breast halves
1 small onion, peeled and sliced
⅓ cup fresh lemon juice
⅛ tsp ground saffron powder
¼ tsp salt
¼ tsp ground black pepper
¼ cup olive oil
You ever use yogurt as a base for the marinade? That's what I've been doing when making jujeh kabab.
Due diligence needs to be done and an independent 3rd party CPA should go over the restaurants books before any price is considered good or bad. 85k may sound low but for all anyone knows it may be the worst belt loosening and putting up of Babs leg on the table the world has ever seen. The Indians would wrap a single tear for his injustice if such a tragedy were to occur