The BBQ BRETHREN FORUMS.

The BBQ BRETHREN FORUMS. (https://www.bbq-brethren.com/forum/index.php)
-   Catering, Food Handling and Awareness (https://www.bbq-brethren.com/forum/forumdisplay.php?f=30)
-   -   I want to open BBQ restaurants with partners (https://www.bbq-brethren.com/forum/showthread.php?t=171646)

woodpelletsmoker 09-23-2013 07:51 AM

I want to open BBQ restaurants with partners
 
My gravity feed smoker, revised PBC or UDS, BBQ temperature controller have proven successful.

I want to open restaurants with partners

If anyone wants to open a small BBQ restaurant, I would like to be a partner. I can supply 10 pieces of UDS and controller. In turn I want 5 to 10% share of the business depending on your total investment.

When environmental temperature is 80F, I set UDS at 225F,
2 lbs of slump charcoal can burn 10 hours. and The controller will keep it at 225F for 10 hours, Temperature fluctuation is +-1 F.

Hope one day we can have a BBQ brand like McDonald or KFC. Both are very popular in China too.

For technical data please refer to Brethren Sales and Ventures, http://www.bbq-brethren.com/forum/forumdisplay.php?f=95

HBMTN 09-23-2013 05:47 PM

You are asking for 5-10% of stake in a new restaurant for supplying 10 pieces of a UDS? Does UDS stand for something other than a drum smoker or am I missing something?

PorkQBBQ 09-23-2013 06:03 PM

Dang... Can we export some to China? Maybe, 10, 000 Yuan for a 100lb pallet of cooked pork shoulder? :idea:

woodpelletsmoker 09-23-2013 06:24 PM

a PBC is $265, I will supply stainless steel PBC with revised burner
BBQ controller same as Nano or Auber, the Golden-DOG $99
total $364
10 pieces are $3640, if 10% is too much, 5% is good too

HBMTN 09-23-2013 07:51 PM

If you are in China things may be much less expensive there and perhaps the deal that you are offering is a good deal there. However if you are offering this to someone here in the U.S the start up costs for a restaurant can be anywhere from $100,000.00 -$500,000.00 and 80-100 hours per week of hard work. This is why I was shocked at the offer you were making and I did not see where you were from.

woodpelletsmoker 09-23-2013 08:13 PM

I said "a small BBQ restaurant".
$100,000 is too much

HBMTN 09-23-2013 08:35 PM

OK good luck with your venture, I hope you are able to make it happen.

Pyle's BBQ 09-23-2013 09:52 PM

Quote:

Originally Posted by woodpelletsmoker (Post 2634379)
Hope one day we can have a BBQ brand like McDonald or KFC. Both are very popular in China too.

I think you need to read the history of both franchises. I don't think what you are offering is anywhere near what is needed to start a restaurant. I know it wouldn't do in my case.

bizznessman 09-23-2013 10:38 PM

I see that your location is Bejing China. Is this where the proposed business will be located?

woodpelletsmoker 09-23-2013 11:06 PM

No, low&slow smoking does not have market in China
 
Quote:

Originally Posted by bizznessman (Post 2635371)
I see that your location is Bejing China. Is this where the proposed business will be located?

There is ONE such BBQ joint in CBD Beijing, which is run by a guy from Texas.
Most chinese people simply do not like the style/taste
We prefer high temp. grilling.

woodpelletsmoker 09-23-2013 11:07 PM

may be I can offer more of stainless steel wares, say table, counter, tray

acguy 09-24-2013 08:41 AM

Your proposal seems a bit "rough". A US investor would have to rely on you to manage the restaurant. You seem to have a feel for what will sell. But, I question you proposed stake as 5%-10%. I wouldn't be comfortable with you having that small of an interest. I suggest a proposal where you are around 40% invested. A foreign investor might be more comfortable in an investment that far away knowing you had a substantial interest in the restaurant's success.

woodpelletsmoker 09-24-2013 09:42 AM

I am a chinese in Beijing,China
 
Quote:

Originally Posted by acguy (Post 2635600)
Your proposal seems a bit "rough". A US investor would have to rely on you to manage the restaurant. You seem to have a feel for what will sell. But, I question you proposed stake as 5%-10%. I wouldn't be comfortable with you having that small of an interest. I suggest a proposal where you are around 40% invested. A foreign investor might be more comfortable in an investment that far away knowing you had a substantial interest in the restaurant's success.

I want to be you guys partner of a BBQ joint in States. Not in China.
Low & Slow smoking does not have a market in China

bizznessman 09-24-2013 11:23 AM

As HBMTN stated earlier the start up costs for a U.S. restaurant can be anywhere from $100,000 to $500,000 USD. Even if you are looking at a "small" restaurant the start up costs will probably be a minimum of $50,000 to $100,000.

Your proposal is to supply $3,640 worth of equipment for the venture. This equals approximately a 3% to 7% investment on your part based on the minimum $50K to $100K start up costs.

I agree with acguy. To consider a "money" partner I would require a minimum of around 40% investment which could be around $20K to $40K USD in the States. The proposal as it stands would not be something I would consider here in the States. The stake is too small and those costs can easily be covered by local lenders.

Teamfour 09-24-2013 11:32 AM

Are the Chinese made PBC's being offered even certified for use in a US restaurant?


All times are GMT -5. The time now is 04:04 AM.

Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
2003 -2012 © BBQ-Brethren Inc. All rights reserved. All Content and Flaming Pig Logo are registered and protected under U.S and International Copyright and Trademarks. Content Within this Website Is Property of BBQ Brethren Inc. Reproduction or alteration is strictly prohibited.