The BizBuySell Small Business Community

  • Get Expert Advice

  •  • Find Local Service Professionals

  •  • Share Your Experiences

Seeking Investment of $275k

I'm interested in taking over a bar/ restaurant in my area, the EBIT is $119,354, and the annual income is $717,834. A few ideas like expanding the bar, and adding more options to the menu, with a party room already installed, renting out the room would sure enough raise the annual income. My credit is fair, 630, I have no experience in owning or running a bar/ restaurant. But i do have 3.5years experience in management dealing with food, and 6months in fast food. With my attitude, and the will to succeed, I am a great candidate for this position, just need an oppurtunity to prove myself, I strive to be the best at any and everything I do.

No User Photo

Answer This Question

max 5000 characters

Web Reference (optional)

e.g., ""

Review Community Guidelines

Help keep our Community clean and on topic. The BizBuySell Community is a place where you can discuss your questions, concerns and knowledge with others you can trust. It is not OK to use this forum to solicit others for personal or financial gain, or to rant about personal issues. It's all in the guidelines.

Submit Your Answer
Answers (1)
No User Photo


Your quote of "My credit is fair, 630, I have no experience in owning or running a bar/ restaurant." will make financing $275k for this ALMOST impossible on your own. Unless there are some other assets involved, be very careful of anyone who tells you they can finance your dream and wants some fees up front.

May 23, 2012

Start a Discussion