Daniel Skuta has invested in a number of businesses since retiring from the NFL, most notably two in the foodservice industry.
And as an experienced restaurant investor, Skuta has come to appreciate not only the challenges that come with managing such investments, but how important it is to carefully vet restaurant opportunities before making a significant financial commitment.
What to Ask Before Investing in a Restaurant
With a stake in two distinct Limon Rotisserie locations, Daniel Skuta knows the importance of asking questions during the investment evaluation process, including:
- What is the condition of the equipment and facility? A restaurant without the proper infrastructure may require costly repairs and updates. Knowing where your money will be going is key.
- What is the restaurant’s reputation? Rehabilitating a poor image may require significant cash the restaurateur won’t be able to commit elsewhere.
- Are there any liabilities? Any existing health code violations or employee issues could present a setback that affects how far your money can go.
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