Well the figures are about 90% fail in the first year. It needs to be something you have the fire in your belly to do or it will not go. The profit margin is not great on many things a diner or coffee shop sell. An example is coffee: black with no creamer or sugar good profit. Add in the creamer and sugar and the profit is cut in half. Also old guys setting around drinking a coffee for hours each morning are a losing thing. The refills eat up any profit.
SIL ran a diner for years. She said that now days your lucky to break even. The younger crowd will not go to a non chain place. The old people don't spend much money when eating out.
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Today's Featured Article - History of the Nuffield Tractor - by Anthony West. The Nuffield tractor story started in early 1945. The British government still reeling from the effects of the war on the economy, approached the Nuffield organization to see if they would design and build an "ALL NEW" British built wheeled tractor, suitable for both British and world farming.
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