I want to open a high end restaurant but I need to find funding where should i look?
104503
Private investors would be your best bet, as bank would not entertain you if you don't have any previous business history in business.
796647
The easiest thing to do is go to local buisinesses, for example large chain restaurants and ask them for a donation form. Most restaurants are aloted a donation budget each month but you do have to go through their corporate offices. Fill out the donation form and send it in.
496335
Don't want to bust your bubble, but the big chains will never fall for that.\nNow, the LITTLE pizza places...  that might work.
1074891
You can pull it off (maybe), but an enourmous amount of legwork will be required.  You should identify a successful, but currently retired, restaurant owner (better yet, an owner of several successful restaurants), and pitch your business plan to him/her.  If your pitch is declined, find another one.  Repeat until you get funded (or until you are ready to give up).
798310
You stand a greater chance of getting a government-guaranteed loan through the Small Business Administration http://www.sba.gov/financing than a government grant. Read the SBA Financing page to learn about criteria needed for borrowing \n\nIt is hard to find grants to start a business. Unlike the myths that some perpetuate, federal government and even private foundations hardly give grant money for a for-profit business. And yes, grants mean PAPERWORK - lots and lots of it, that is why a cottage industry of grant writers was born.\n\nNonetheless, you can go to the Catalog of Federal Domestic Assistance (CFDA) http://www.cfda.gov and Grants.gov http://www.grants.gov - these are two sites created by the federal government to provide transparency and information on grants. Browse through the listings and see if you can find any grant that would support a for-profit venture.\n\nEven if you buy books on "how to get grants" or list that supposedly has information on grants -- all of them are mere rehash of what CFDA has, albeit packaged differently. But still the info is the same - hardly any grants for starting a for profit business.\n\nEven SBA does NOT give out grants. From the SBA website http://www.sba.gov/expanding/grants.html\n\n"The U.S. Small Business Administration does not offer grants to start or expand small businesses, although it does offer a wide variety of loan programs. (See http://www.sba.gov/financing for more information) While SBA does offer some grant programs, these are generally designed to expand and enhance organizations that provide small business management, technical, or financial assistance. These grants generally support non-profit organizations, intermediary lending institutions, and state and local governments."\n\nHere is a listing of federal grants for small businesses. See if there is any available for individuals for starting a business -- THERE'S NONE.\nhttp://12.46.245.173/pls/portal30/CATALOG.BROWSE_BENEF_RPT.show\n\nMost of the federal grants are given to specific target groups with specific requirements (e.g. minority business owners involved in transportation related contracts emanating from DOT - Grant#20.905 Disadvantaged Business Enterprises Short Term Lending Program \n\nGrants are also often given to non profit groups or organizations involved in training or other similar activities (grant 59.043 Women's Business Ownership Assistance that are given to those who will create women's business center that will train women entrepreneurs \n\nI suggest you read the following books to get ideas of how to finance your business:\n\nFinancing Your Small Business  http://www.amazon.com/exec/obidos/ASIN/1572484500/powerhomebizguid\nSmall Business Financing: How and Where To Get It http://www.amazon.com/exec/obidos/ASIN/0808007386/powerhomebizguid\nFinancing the Small Business: A Complete Guide to Obtaining Bank Loans and All Other Types of Financing http://www.amazon.com/exec/obidos/ASIN/1580626815/powerhomebizguid\nThe SBA Loan Book http://www.amazon.com/exec/obidos/ASIN/158062202X/powerhomebizguid\nAngel Capital : How to Raise Early-Stage Private Equity Financing http://www.amazon.com/exec/obidos/ASIN/0471690635/powerhomebizguid\nFinancing Your Small Business (Barron's Business Library Series) http://www.amazon.com/exec/obidos/ASIN/0764124897/powerhomebizguid\n\nFor private grants, you may want to check the Foundation Center's Foundation Grants for Individuals Online http://gtionline.fdncenter.org  . It's a subscription based website ($9.95 per month) but their opening blurb only says that the database is ideal for "students, artists, academic researchers, libraries and financial aid offices." Entrepreneurs are apparently not one of them, so I take it they also don't have listings of private foundations who give grants to would-be entrepreneurs. But they may have grants for artists like you.
1114100
The best routes to take are to research the process of starting a business as well as the industry you're interested in.\n\nI recommend checking out the SBA, Entrepreneur, The Start Up Journal & Nolo. All 4 are great informational resources for the new/small business owner. I posted links for you in the source box.\n\nAssociations may be a good avenue to explore as well. These organizations will address many of the thoughts, questions and concerns you'll inevitably have as well as many you haven't anticipated yet. See the source box for some relevant links. \n\nResearch, research, research – this cannot be stressed enough. Read as much as you can about the industry. Here are some book titles that are relevant:\n\n* The Restaurant Business Start-up Guide by Paul Daniels\n* Restaurants That Work: Case Studies of the Best in the Industry by Martin E. Dorf\n* Restaurant Financial Basics by Raymond S. Schmidgall \n* Opening a Restaurant or Other Food Business Starter Kit: How to Prepare a Restaurant Business Plan and Feasibility Study by Sharon Fullen \n* Upstart Guide Owning & Managing a Restaurant by Roy S. Alonzo \n* The Restaurant Managers Handbook: How to Set Up, Operate, and Manage a Financially Successful Food Service Operation by Douglas Robert Brown\n\nThere are plenty of free informational resources out there. Check the source box for links to articles.\n\nHope that helps! I wish you much success & happiness in all your ventures!
943675
you choose it when it's purchased.\n\n.com, .net, .info., .biz, etc....general for commerce\n\n.org.....generally for non-profits\n\n.mil, .gov....restricted to military/government\n\nedit to updated question:  unfortunately, there is no extension specifically for a restaurant.  therefore, one of the commerce options above would be the best choice.  stats show most search under the .com extension; therefore, i would recommend this first.  yields higher hit ratios.  good luck and best wishes!
706745
Contact "SCORE", the Service Corps of Retired Executives, in your location.  They may be able to give you some leads on where to go for financing.\n\nHowever, if SBA won't back your funding, then most investors will consider you too risky.
801940
You stand a greater chance of getting a government-guaranteed loan through the Small Business Administration http://www.sba.gov/financing than a government grant. Read the SBA Financing page to learn about criteria needed for borrowing \n\nIt is hard to find grants to start a business -- especially a nightclub. Unlike the myths that some perpetuate, federal government and even private foundations hardly give grant money for a for-profit business. And yes, grants mean PAPERWORK - lots and lots of it, that is why a cottage industry of grant writers was born.\n\nNonetheless, you can go to the Catalog of Federal Domestic Assistance (CFDA) http://www.cfda.gov and Grants.gov http://www.grants.gov - these are two sites created by the federal government to provide transparency and information on grants. Browse through the listings and see if you can find any grant that would support a for-profit venture.\n\nEven if you buy books on "how to get grants" or list that supposedly has information on grants -- all of them are mere rehash of what CFDA has, albeit packaged differently. But still the info is the same - hardly any grants for starting a for profit business.\n\nEven SBA does NOT give out grants. From the SBA website http://www.sba.gov/expanding/grants.html\n\n"The U.S. Small Business Administration does not offer grants to start or expand small businesses, although it does offer a wide variety of loan programs. (See http://www.sba.gov/financing for more information) While SBA does offer some grant programs, these are generally designed to expand and enhance organizations that provide small business management, technical, or financial assistance. These grants generally support non-profit organizations, intermediary lending institutions, and state and local governments."\n\nHere is a listing of federal grants for small businesses. See if there is any available for individuals for starting a business -- THERE'S NONE.\nhttp://12.46.245.173/pls/portal30/CATALOG.BROWSE_BENEF_RPT.show\n\nMost of the federal grants are given to specific target groups with specific requirements (e.g. minority business owners involved in transportation related contracts emanating from DOT - Grant#20.905 Disadvantaged Business Enterprises Short Term Lending Program \n\nGrants are also often given to non profit groups or organizations involved in training or other similar activities (grant 59.043 Women's Business Ownership Assistance that are given to those who will create women's business center that will train women entrepreneurs \n\nI suggest you read the following books to get ideas of how to finance your business:\n\nFinancing Your Small Business  http://www.amazon.com/exec/obidos/ASIN/1572484500/powerhomebizguid\nSmall Business Financing: How and Where To Get It http://www.amazon.com/exec/obidos/ASIN/0808007386/powerhomebizguid\nFinancing the Small Business: A Complete Guide to Obtaining Bank Loans and All Other Types of Financing http://www.amazon.com/exec/obidos/ASIN/1580626815/powerhomebizguid\nThe SBA Loan Book http://www.amazon.com/exec/obidos/ASIN/158062202X/powerhomebizguid\nAngel Capital : How to Raise Early-Stage Private Equity Financing http://www.amazon.com/exec/obidos/ASIN/0471690635/powerhomebizguid\nFinancing Your Small Business (Barron's Business Library Series) http://www.amazon.com/exec/obidos/ASIN/0764124897/powerhomebizguid\n\nFor private grants, you may want to check the Foundation Center's Foundation Grants for Individuals Online http://gtionline.fdncenter.org  . It's a subscription based website ($9.95 per month) but their opening blurb only says that the database is ideal for "students, artists, academic researchers, libraries and financial aid offices." Entrepreneurs are apparently not one of them, so I take it they also don't have listings of private foundations who give grants to would-be entrepreneurs.
876087
Be careful.  There are always "experts" out there who will take your money and steal your idea or recipe.  \n\nI suggest you visit your local Health Department and SBA organization first and see what is involved in doing it all yourself. You may be able to lease a commercial kitchen at night when their business is closed.  That way you don't have the huge expense of setting up your own kitchen and still have the stainless steel sink etc.  to meet all the health standards.  You can buy the bottles and stoppers off the internet and create labels and order forms on your computer.  It would be easy to test the market.\n\nOur homebased business began in the garage and grew to gross over a million a year for awhile.  We started by marketing at retail trade shows like "the Harvest Festival" and later wholesale trade shows like the San Francisco International shows at the Moscone Center.  They have food/condiment sections.  If you are good enough someone who mass produces will approach you and in the meantime your investment is just for the booth at the show and the product itself.    In our case, we had approached some big outfits previously but they were not interested in us until they found us at the SF show.  I guess it lent some legitimacy to us.   This will also give you an idea of "potential income"  If one of those companies wants to buy you out, have an attorney who specializes in sales of businesses handle it.  He'll set the price by X amount of potential income that you are giving up by not running the business yourself.  Good Luck
591817
http://www.bodellconsulting.com/restaurantplans.htm\n\nHere's a whole new structure that seems to be gaining in popularity that is an option to franchising. It's called licensing. I'm utilizing this structure to offer several Turn-Key Restaurant Plans I now have available.\n\nBrandon O'Dell\nO'Dell Consulting\nRestaurants/Retail/Bars\nbodell1@cox.net\n(316) 390-6598\nhttp://www.bodellconsulting.com\n\nFree initial consultations
1055396
I just bought one... Best way is to get an accurate income (their may be money sliding by to keep the taxes down).  Accurate costs is also needed, food mainly but don't forget payroll, water, electricity, taxes and insurance... The rest is pretty much like any real estate.  Is the area growing?... Restaurants are also seaonal, this month may provide a significant income but december may lose money, look at the year not the month, sometimes it helps to look at the last 5 years, which can help you predict the next five... \nA huge question is... If it is doing so weel why sell it.... The restaurant business is a trench fight and buying an establish money maker is the way to go
906523
Unless your restaurant is going to be a non-profit organization whose profits are geared toward supporting a charitable cause, this won't work.  A charitable organization can't give you money unless you represent a specifically defined charitable cause....like helping the poor or something.  You making a living probably won't qualify.\n\nTry applying for a loan with the Small Business Administration.  That's probably the closest you are going to get to what you are seeking.
251449
If you are in Texas and can afford it, (if they have re-opened it) check out the Texas Tomorrow Fund.  Again, great concept if you can afford it.
696782
every business a person opens is different, so no two restaurant businesses are the same, and no person running it is the same.  You can do a five-year business plan on any project or business you'd like.  It will be good practice for you for when you do start your business (will take about three months to prepare).  Learn how.  Contact the SBA in your area and take a short class.  They will tell you everything you need to know from which you can do your business plan and determine what YOU will need for your restaurant business.  From that detail that you put together you can then apply for a loan.
703899
You should hire a construction consultant, general contractor, someone who has done bars/restaurants before.  It always costs more than you planned.  Be prepared!
660987
I recommend checking out the SBA, Entrepreneur, The Start Up Journal & Nolo. All 4 are great informational resources for the new/small business owner. I posted links for you in the source box.\n\nAssociations may be a good avenue to explore as well. These organizations will address many of the thoughts, questions and concerns you'll inevitably have as well as many you haven't anticipated yet. See the source box for some relevant links. \n\nResearch, research, research – this cannot be stressed enough. Read as much as you can about the industry. Here are some book titles that are relevant:\n\n* The Restaurant Business Start-up Guide by Paul Daniels\n* Restaurants That Work: Case Studies of the Best in the Industry by Martin E. Dorf\n* Restaurant Financial Basics by Raymond S. Schmidgall \n* Opening a Restaurant or Other Food Business Starter Kit: How to Prepare a Restaurant Business Plan and Feasibility Study by Sharon Fullen \n* Upstart Guide Owning & Managing a Restaurant by Roy S. Alonzo \n* The Restaurant Managers Handbook: How to Set Up, Operate, and Manage a Financially Successful Food Service Operation by Douglas Robert Brown\n\nThere are plenty of free informational resources out there. Check the source box for links to articles.\n\nHope that helps! I wish you much success & happiness in all your ventures!