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-   -   What would you do???? (http://www.bbq-brethren.com/forum/showthread.php?t=72740)

Bossmanbbq 11-16-2009 11:59 AM

What would you do????
 
Went to a chamber of commerce lunch where we received our plaque for becoming a member. We got to advertise our catering business and tell a little about our awards from competitions this season.Made some good contacts and was able to pass out our business card:-D

At the end the manager of the golf course/country club talked with my wife and me and told us that he has no one in his restaurant and would love to get something in it.

Long and short of it he's offering the restaurant with all equipment and materials it has, its pretty much ready to go and do business, plus they would run the bar and give us a percentage of the sales from the restaurant. He wanting a $1000 a month for the lease of it but said it could be negotiated with the board so they can get something in the club..

Here is my dilemma, I'm looking at another 6 years and I can retire. But I don't want to pass up a good opportunity either. I was thinking of seeing if it’s something we could do a couple of weekends a month to see how it goes and go from there, If it takes off I may have to rethink retirement.
But I figure it being a country club on a golf course it should do fairly well...

Any thoughts, suggestions and advice you have would be appreciated, were looking at scheduling a meeting with them within a few days!

E Mellow 11-16-2009 12:20 PM

Bossman working in the golf industry I can tell you this, most golf course country clubs especially are hurting right now so keep that in mind. Something to keep in mind if you do a few "experimental" weekends there is that in the northern states, ie. Colorado the golf season has died down for the year so it may be hard to judge the amount of business you would be getting. All in all seems like a good opportunity if you can find the time to do it and have enough traffic to make it worth your time.

Lake Dogs 11-16-2009 12:33 PM

DO NOT STRAY from your retirement path. Whatever you do, dont do that!

Jacked UP BBQ 11-16-2009 12:58 PM

I can tell you this, my buddy has a place in a golf club and he said the restaurant sucks. He is downs almost 70%. He told me to keep people at the club they took away the monthy food minimum. He does not pay rent, he only pays for food and gives a small percentage to the club. He said the positive of the country club is the amount of catering you will get out of it. DO NOT PAY RENT! GOod luck.

landarc 11-16-2009 01:27 PM

I have a friend who is trying to make a go of this now, he has run three successful resto's in the past 30 years and the golf course is killing him. He also has the bar and he says if he didn't have that, he would have thrown in the towel. His BBQ side of the biz is doing great, but, the snack bar and restaurant are killing that profit. He does get good catering gigs, but, he says the drag of the dining room needs to be addressed.

He says he would not do the deal again, even with the bar.

Slamdunkpro 11-16-2009 01:46 PM

Quote:

Originally Posted by Bossmanbbq (Post 1087230)
Long and short of it he's offering the restaurant with all equipment and materials it has, its pretty much ready to go and do business, plus they would run the bar and give us a percentage of the sales from the restaurant. He wanting a $1000 a month for the lease of it but said it could be negotiated with the board so they can get something in the club..

Without the bar this is a loser, even with the bar it's iffy at best. Maybe if you went in (bar and restaurant) and they got a percentage of your sales, but, Like OCPA said, don't agree to pay any rent.

Mr Applejacks 11-16-2009 01:52 PM

I owned and operated a restaurant and bar on a 18 hole golf course for 8 years
pm me if you have serious questions

CB 11-16-2009 01:56 PM

that it is empty is a good indication ---- tell him he can hire you to come do special events for the next year and he can be responsible for charging members or golf course customers that way you are protected.

Lake Dogs 11-16-2009 02:58 PM

Run. Run fast. Run far. Literally, I'm not joking, they should pay you $1,000 each
month to do it for them. You should get 100% of the receipts. Even then you'll
probably go broke.

Jacked UP BBQ 11-16-2009 03:20 PM

I would hear what the board has to say before your run. Don't get over excited about the deal, let them feel like they need you more than you need them. See if at first you can have theme nights and pre sell tickets, no ala carte at first. For example friday night surf and turf party, pre sell tickets with no refund. You will have an exact number and it may make you some extra money. You may want to get this deal, but make sure it is advantage YOU!

Bossmanbbq 11-16-2009 03:36 PM

Quote:

Originally Posted by CB (Post 1087325)
that it is empty is a good indication ---- tell him he can hire you to come do special events for the next year and he can be responsible for charging members or golf course customers that way you are protected.

Thanks for the replys so far, I'm planning on meeting with them like I said in the next few days. I'm trying to contact them to use the facility for a Christmas party of 65 people, I know they will make money on the bar with this , which is fine.
I like the idea of doing the speacial events and going that route so I'm not out anything. Things are going well for our catering business and if I can get the facilty to even for a small fee it would be worth it.

Captain Dave 11-16-2009 07:00 PM

I agree with all of the above. Golf course restaurants are very seasonal at best. Simply not enough volume. Take away the bar and add rent ... you're getting boinked! Hold on to those retirement plans and run like hell. Maybe you could agree to cater weddings, parties and such from his facility to be negotiated as you go. Be the boinker not the boinkee.

MilitantSquatter 11-16-2009 07:22 PM

in addition to all the other great advice and experience, be sure to factor in any health benefits etc. you currently get.

Good luck Bossman.

baldbill 11-16-2009 08:15 PM

I would punt on this one. As stated, offer to cater their events and you will be better off.

n2dabluebbq 11-17-2009 01:27 AM

i wouldn't pay rent thats for sure. if it were that lucrative, then why is it empty? at MOST i would offer a percentage of net profit. that way if business is down so is the "rent". maybe offer that for a winter time thing and renegotiate after the spring thaw.
of course if they were to guarantee business, well then that's a whole different ballgame.


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