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Anyone earned 150K + / year?

Anyone earned 150K + / year?

Quote: (03-23-2016 01:25 PM)booshala Wrote:  

Restaurant owner here... Restaurants get a bad rap because most people are either ill-prepared or get caught up in the glamour of the title restaurateur without understanding the hours and stress it takes to be successful. Having said that, two of my cousins and a close friend have restaurants as well and we all net in the low-mid six figures.

Without going into too much detail or revealing personal information, can you give us some details as to:

A) the type of restaurant (quick service, sports bar, etc) whether you offer counter service or table service, etc, just a few details about the operation

B) what was your startup investment?

C) how many years you've owned your business(es)

D) what's your year over year profit percentage

Thanks.

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