|
Anyone a partner in a restaurant?
I've been invited to become a minority partner in a restaurant that is being sold and bought by some friends of mine. I have total faith in the guys buying this restaurant and I've wtinessed them successfully manage restaurants for others for years. They are great operators, managers, chefs, and are well connected. They live this stuff.
I've always told them to let me know when they go out on their own- the time is now.
We're not talking a ton of money from my end- but it is real money and enough to be interesting.
They are sending me the 4 year plan and everything I need to perform due diligance on my end. I would not have any stake in operations- nor do I want it.
What kinds of things should I look for while analyzing this type of deal?
|