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Restaurant /Lounge Investors

Asked Nov 22, 2006, 11:13 AM — 1 Answer
My husband was raised in London and found success at a very young age as a restaurant, bar and lounge consultant. He has set up many successful and well known business during his time in London. About 5 years ago he took a position as head of restaurant/bars of a large and successful hotel group in nyc and made his move to Manahattan 4 days prior to 9/11. One week later, his job was no longer available to him.

He has spent the past 5 years in NY working on small scale turnaround operations, but now is ready to get back to his own projects. He is currently searching for $950k from investors for his own project and is finding that his network of potential investors in London are no longer accessible. His NY contacts does not have a high list of investors.

What are his best options forreaching potential investors that may be interested and potentially ready to invest in a project such as this?

I appreciate any advice available. Thank you.

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CliffARobinson's Avatar
CliffARobinson Posts: 1,428, Reputation: 510
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Mar 14, 2012, 02:24 PM
If you and your husband do not already have a group of friends and associates from which you can pull together leads, then I would suggest networking traditionally, at Chamber of Commerce meetings, Business mixers, etc. Websites can also help in this task.

Gust.com, for instance, provides great tools for the entrepreneur looking for Angel Investors. It provides services allowing you to present a web pitch, documents, videos, etc. You can elect to submit to Angel Groups, individuals, etc.

Lastly, I would suggest getting people together in a rented space, if you don't already have the final space available to you, and I would get Angel Groups together to sample the food you intend to serve.

Make them feel like they are owners. Give them the best treatment and service. Show them that not only can you provide a quality product, but that you really know how to run a restaurant.
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