partnership in a restaurent

[bettingbangarraju]

is it good idea to invest 50k as a partnership(4) in restaurant ?any pros and cons bayyas?

[Spartan]

@tom bhayya

[jawaani_jaaneman]

end of the day, 3 kottukuni side ayipotaru...okkadu migultadu..

[Vaampire]

Depends on the people with whom you parter with and also how much time u can spend on it.

i invested in a restuarent 3 yrs back which is located in chicago.  I live in bay area and so never visited that restuarent.  Zero involvement from me and so i got less profit when compared to the people who actively took care of it which made total sense to me. Mostly chaala mandiki ikkada godavalu avuthayi.

[ring_master]

28 minutes ago, Vaampire said:

Depends on the people with whom you parter with and also how much time u can spend on it.

i invested in a restuarent 3 yrs back which is located in chicago.  I live in bay area and so never visited that restuarent.  Zero involvement from me and so i got less profit when compared to the people who actively took care of it which made total sense to me. Mostly chaala mandiki ikkada godavalu avuthayi.

Which restaurant?

[MRI]

4 minutes ago, ring_master said:

Which restaurant?

antaadu choodu bro

[ChinnaBhasha]

34 minutes ago, jawaani_jaaneman said:

end of the day, 3 kottukuni side ayipotaru...okkadu migultadu..

yep, truth kaka... super cheppinav. 

If we are that last person, we will benefit

[MRI]

food industry is very grinding business bro.. if you don't have dedicated people, chaala kashtam.. food quality, consistency, and godavalu leni partners dorakadam kashtam..

[jambalhaatraja]

44 minutes ago, bettingbangarraju said:

is it good idea to invest 50k as a partnership(4) in restaurant ?any pros and cons bayyas?

simple. 50k petti politics start cheyyi. like 3 la 2 nee side tippuko. bakara gaadu okadu badnaam cheyyi. ala mellaga become sole owner

But you never know other person might do the same too

[Ryzen_renoir]

48 minutes ago, bettingbangarraju said:

is it good idea to invest 50k as a partnership(4) in restaurant ?any pros and cons bayyas?

I would advice against it , restaurants are highly susceptible to failure and having multiple partners is even tricky . 

The only time I would invest is if you are working there full time or if it's a franchise restaurant in good location

[ChinnaBhasha]

1 minute ago, Ryzen_renoir said:

I would advice against it , restaurants are highly susceptible to failure and having multiple partners is even tricky . 

The only time I would invest is if you are working there full time or if it's a franchise restaurant in good location

food business is always good antar kada kaka

[FLraja]

57 minutes ago, bettingbangarraju said:

is it good idea to invest 50k as a partnership(4) in restaurant ?any pros and cons bayyas?

Nee id ki nyayam chestunnav

[Ryzen_renoir]

1 minute ago, ChinnaBhasha said:

food business is always good antar kada kaka

60% of restaurants fail in first year , 90% fail  in five years in US .

It would be somewhat similar in india too .

Excluding fast food  places 

https://youtu.be/1ikO9ozgeiE

[Hydrockers]

Sucess ratio is very less