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Updated over 4 years ago,
Restaurant investment advise
I purchased a house and converted it to restaurant. The current renters are looking at closing the doors due to COVID and a few other things. It cash flows well and I only have 5 years left on the mortgage. I am torn on whether to try to find new renters, sell it or do something creative like find a chef that wants to run it and do a silent partnership. Rent is currently $1700, if I sold it should be worth about $300k. Thanks for any help you can give!