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How to Buy a Restaurant: An Ultimate Guide

7 Shifts

Tack on obtaining permits and licenses, and you could be in for a pretty big check. Things to consider are: Local Sentiment Finances Equipment Taxes or Violations Licenses and Permits What is the local sentiment towards the restaurant? Is the liquor license included in the sale? Table of Contents. How to Buy a Restaurant.

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How to Open a Coffee Shop: The Ultimate Guide

7 Shifts

Obtain Permits and Licenses. Once you've validated your idea, you can dive into the nitty-gritty: Obtain Permits and Licenses. In the process of opening your coffee shop, it's important to mitigate the potential risks affiliated with permits and licenses. Business License. Liquor License. Certificate of Occupancy.

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May/June 2021 Legal Update

Modern Restaurant Management

Nair, a partner at Ervin Cohen & Jessup LLP compiles recent legal news affecting the restaurant, food and beverage and hospitality industries for Modern Restaurant Management (MRM) magazine. The law allows home cooks to prepare meals from their homes and sell to consumers without being a licensed kitchen. Legislation.

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Virtual Acceleration, Raising the Bar and Insult Monitor

Modern Restaurant Management

This strategy builds on the tremendous success the company had this past year focusing on the food and beverage industry. The Virtual Restaurant Accelerator™ developed by Virtual Restaurant Consulting (VRC), solves this problem by offering a license for a TWO HENS delivery-only location. ” GIG Rebrands Certification Group.

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PPP Part Two and More Restaurants Need to Know Now

Modern Restaurant Management

Borrowers should carefully review PPP regulations and guidance and the certifications required to obtain a loan." We encourage all approved lenders to process loan applications previously submitted by eligible borrowers and disburse funds expeditiously.

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Tyga Bites and Sushi with an Attitude

Modern Restaurant Management

The bites will also be served with the option of twelve different dips, along with regular or sweet potato Tyga Tots, chocolate chip cookies, and beverages. ” Ervin Cohen & Jessup Launches Food, Beverage and Hospitality Practice. ” “Today begins the independent restaurant revolution,” Robbie Earl elaborates.

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How to Read a Restaurant P&L (Profit and Loss) Statement + Free Template

SpotOn

That could simply be food sales , alcohol , and non-alcoholic beverages. If you're a fast-casual place and only offer a couple of alcoholic beverages, then "alcohol" should be enough. Cost of Goods Sold (COGS) Your Cost of Goods Sold is the cost of your food and beverages. That may be too high. Occupancy costs.