Quote Originally Posted by thesparten View Post
Quote Originally Posted by Jayjami View Post
According to a frequently cited study by Ohio State University on failed restaurants, 60% do not make it past the first year, and 80% go under in five years. High risk of failure and a poor ROI. Sounds great. Here is some investment advice: If anyone ever asks you to invest in a restaurant, run far away, as fast as you can.
Your facts about restaurant fail is correct.. it's even higher in Detroit or Greece. Lol.

It's the discriminatory tax and regulatory environment that the state puts on u to subsidize its bloated pension and workforce..
I agree with that. That is why I would hate to dealing with almost any brick and mortar business. Because of all the BS, you have to get lucky to make it and then even more lucky to make a lot of money. Exceptions that seem to do well are strip clubs, casinos and liquor stores. We have all walked down the street of our neighborhoods to see the new" candy store" or "Art gallery" open only to shake our heads because we know they are lighting money on fire and it will last 6 months.