@Christian Requejo                A little food for thought.

Sorry, no answers but hopefully food for thought.

@Brent Coombs @Edward Rhoads thanks for weighing in and giving food for thought on numbers.  

That's some good food for thought.I shared my hesitations with the seller and told him I'm going to pass, unless he'd leave the financing in place.

If food cost,rent,labor go up or store needs to be re-imaged or machines need replacing etc. then I can have next to zero profit.   

----------------------------------Previous post:Some food for thought.

Our only big competition is that Hampton Inn down the road, and most everyone agrees that staying within walking distance to Main Street is much more desirable than staying in the commercial area (there’s a Walmart, a few fast food joints, etc) a few miles away.

I can tell you when you move up the food chain into bigger deals this is how it works and how it should work.you try to flip a plat ( I do this ) to lennar or Horton or any other big builder.. you better have the powder to close.. they can walk from 100k EM in  a heart beat.. sit there and watch you die on the vine then have their land Ack guy come right back to the seller and buy it...

https://www.houston.org/assets/pdf/economy/Employm...The Partnership’s forecast calls for job growth in 14 sectors: manufacturing; wholesale trade; retail trade; transportation, warehousing and utilities; finance and insurance; real estate; business, professional and technical services; educational services; health care; administrative services; arts and entertainment; accommodation and food services; other services; and government.

However, I really need guidance from the BP community in order to get started.CREDIT:I personally funded my small food business with my savings and money earned from part-time jobs.