- - - I bought a golf course???!!!
I think I need my head examined! But two weeks ago an opportunity presented itself that was just too good to walk away from. I have never golfed in my life, but have always entertained the idea of owning a restaurant at some point in my life. Well, here I go.
In less than two weeks, I have convinced my bank to mortgage my farm and my partner's, and make up the balance against the course and contents. It is really a no brainer since these people are walking away from it. I will be overseeing 18 holes, a lounge/restaurant seating for 125 and banquet facilities for 225. Good thing I have a chef up my sleeve, so to speak!
So things have been nuts, there are no operating records, so I am winging this venture. But based on tee sheets and confirmed tournaments/banquets, I think I can make a go of this. I bullied the bank into loaning me the money based on the value of the property, buildings, contents and equipment.
So, initially I am going to focus on getting those golfers to stay and eat after they come off the course, so I want to do really great sandwiches, soups and munchies, and follow up with a nicer dinner menu. The kitchen is really the worst part of the place. But Patty and I are hoping to secure women-owned funding at a later date and the kitchen will be the first priority. It can produce a menu, but I am going to have to be selective about what I offer.
I am up to my eyeballs in cash flow projections, Liquor Control Board applications, incorporation processes, oh, and we should be opening in 3 weeks. Yikes!
Check it out at riversidegolfclub.com
I'm open for ideas. . . and where better could I go to get ideas that all of you guys? Productive ideas, please, I have had more than my share of confirmations that I have lost my marbles, LOL!
I think I need my head examined! But two weeks ago an opportunity presented itself that was just too good to walk away from. I have never golfed in my life, but have always entertained the idea of owning a restaurant at some point in my life. Well, here I go.
In less than two weeks, I have convinced my bank to mortgage my farm and my partner's, and make up the balance against the course and contents. It is really a no brainer since these people are walking away from it. I will be overseeing 18 holes, a lounge/restaurant seating for 125 and banquet facilities for 225. Good thing I have a chef up my sleeve, so to speak!
So things have been nuts, there are no operating records, so I am winging this venture. But based on tee sheets and confirmed tournaments/banquets, I think I can make a go of this. I bullied the bank into loaning me the money based on the value of the property, buildings, contents and equipment.
So, initially I am going to focus on getting those golfers to stay and eat after they come off the course, so I want to do really great sandwiches, soups and munchies, and follow up with a nicer dinner menu. The kitchen is really the worst part of the place. But Patty and I are hoping to secure women-owned funding at a later date and the kitchen will be the first priority. It can produce a menu, but I am going to have to be selective about what I offer.
I am up to my eyeballs in cash flow projections, Liquor Control Board applications, incorporation processes, oh, and we should be opening in 3 weeks. Yikes!
Check it out at riversidegolfclub.com
I'm open for ideas. . . and where better could I go to get ideas that all of you guys? Productive ideas, please, I have had more than my share of confirmations that I have lost my marbles, LOL!