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    So you want to own your own restaurant?

    ?

    Don’t do it!

    own your own restaurant

    Why?

    1. Work schedule is terrible – 50-75 hours/week
    2. Low pay – for everyone, including you (well, maybe not the waiters)
    3. Huge upfront costs – $100K- $$$$$
    4. Low profit margins – 10% or less
    5. Sky-high failure risk – restaurants are famous for it
    6. Low resale value – don’t forget to renew your lease
    7. High stress work environment – loud, exhilarating and exhausting
    8. Heavy pressure on lifestyle/family – the best reason not to do it

    But, if you must…

    X

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