[Close but I think it's closer to 10 mill to start. We opened ours two years ago last November and it's close to breaking even but still not making money on a steady basis. It's a deli in downtown Chattanooga and is only open for lunch 5 days a week but my wife puts in 60-70 hours a week easy, it's hers anyway. Don't see us ever getting rich from it but at the rate it's going we should be doing pretty good in a year or so.
Food business is all about location. How would you like to own a KFC downtown Selma AL or a watermellon patch in the middle of B-ham AL? I too own a deli but my nitch being, not another one around for miles. We are on the way to the river so we sell fish bait, burgers and BBQ. Kinda taking a chance on fishing with the bait or actually eating the bait. :puke:
Had ribs from one of patooyees places last night for supper and again for lunch today, dang good product right there. That is another good business model, produce a product that people will drive to you for on a regular bases.