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Old 01-12-2010, 01:21 PM   #13
mredskins
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Join Date: Aug 2005
Posts: 13,011
Re: start your own business

Quote:
Originally Posted by GMScud View Post
The restaurant industry is really tough. My boss and his brother started a bar/grill right after college and it failed. Set them back a few years financially. Fortunately now we are both working for a fantastic restaurant group that is killing it right now, but it's established - nearly 12 years in the DC area.

I love the industry, but I don't know if I would want to open up my own restaurant/bar. Getting any small business started is a 7 day a week job for a long time till you're fully on your feet. Plus the failure rate is so high. I would do it if it was one of a handful of investors and I didn't have all of my eggs in the basket so to speak. Plus the concept would have to be unique and powerful. In a town so diluted with restuarants and bars like DC, you've got to stand out or you're done.

I actually almost started a car detailing business a few years back, but decided against it. For now. It's still something I may venture into a few years down the road. I have some great ideas for it I think.
I am glad you chimed in I remeber you work in the industry as well.

If I had to guess where you worked from reading your past post.

I would pick in this order:

Capital Grill
Morton's
Ruth Chris's
Daily Grill

I know if it is not one of them they are your competition.

One last guess, Great American Restaurant Group.

You don't have to say which one just a simple yae or nah.
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