Need help and advicve for a Startup restaurant.

[jayben]

Hello all,
I was wondering if anyone could give me advice on where to go to get funding for a start-up Mexican Restaurant. I am located in San Diego. I have put together a great business plan and know I will need about 600K to start-up the restaurant. The 600K is funding to run the restaurant for 6 months after which I anticipate letting the profits carry the restaurant financing forward. I have gone to several people at SCORE with my business plan and have gotten it completed. I am having trouble finding investors in this market. Banks will not even consider loans for start-ups.
Could someone know where I can find investors or what my options are? Should I finance it all on 30 different credit cards or what? Please help.

[Alexishost]

one of the solution to get funding is by letting the world of what you do by setting up simple website to attract more potential investor to your business and to the business plan that you have made.


make sure you have compelling reason to attract them.

[Future of Edu]

Hey Jayben,

Getting traditional funding for a Restaurant is very difficult. Getting an investor is equally as difficult if you don't have experience in the industry or your own skin in the game. Are you going to be putting any of your own funds into the business?

Also, 6 months is a bit soon to believe that you will be profitable for a start up restaurant. Are your numbers accurate and realistic? Most important question is still your own funds.

Enjoy Life,
Nick

[businessminded]

Maybe you can start up with marketing your idea. You should put in mind that there is crisis today that is why its hard for some to pull money from their pockets..