Does anyone have a profitable restaurant business ?(In Nepal )
My father is headstrong into having our own restaurant in Nepal . We are pretty established and he knows how the business side of things work . He and I both know that restaurant business compared to others is a lil tougher and lesser margins , but it has been kind of his dream ig , he says even if it fails I need to try it . He is ready to invest at most 2cr . He kind of wants to own and like do his meetings there , and kind of more leaning towards the luxury side of restaurant. He has good connections and all but I'm really pessimistic about this business cuz ik how it goes normally and have seen many fail . Nepal ma kasto Cha ? Is there any that you or your parents own that is profitable and what are the factors that matter? Ik 2cr will be of better use elsewhere but he's determined with this . I'm not saying this won't affect us but we'll be fine even if it loses , so that's also one of the reason why he wants to try rn . He thinks like this , even if it doesn't work I have other businesses at least we won't have any financial difficulties and if it works , he'll have his own restaurant which he dreamed for quite a while .
If anyone or their family has one what do you think went right ? How and what was your initial investment?
If you don't feel comfortable answering here please feel free to DM me . I'm just looking for more perspective.