Homeless….part 2

buena-vista-building

 

So, I got the loan and I was happy for the moment. Moments pass. Reality set in. By the time I had paid for the contractors to make the place into a restaurant, there was the other incidentals: equipment, food to start up, money for wages, taxes and overhead.

By the end of construction, I had managed to pay for everything except the food which I needed to open. I ordered the food and wrote the checks with absolutely no money in the bank. The bank manager calls me and asks me to come down to discuss the situation. I appear and he tells me he is going to bounce the checks which I had written for the food and supplies. So I said (with my back against the wall) “Go ahead, but all the money that’s invested will be lost”. I had no choice. Pay them or I won’t open, and there will be nothing to recover.” He paid the checks. I was left with an overdraft.

First business was brisk and it covered the checks that I had written. It was new and everyone had heard about the place through word of mouth. Everyone came to try it out.

Well, aren’t they sorry now. Inconsistency, badly cooked food from people who should have known better and canned beans. Business dropped off faster than the recession killed jobs.

After I fired all the cooks and took over, there was not much choice. The few people that visited the premises were new and hadn’t heard of the happenings. I was down to one server and myself. And she turned out to be an alcoholic that stole booze from the storage cabinets in the basement. Not pleasant as she tried to keep on her feet, serving customers. Duh!

Frustrated, I terminated her, hired a new person who cared and we had two to go forward with enthusiasm. At this time I was living above the restaurant in a single apartment for $110./month. No furniture, just a sleeping bag, a lamp, a few pans to cook food with, and a pillow. My meals were consistent. Pan fried potatoes and two fried eggs. It’s still one of my favorite meals when I’m feeling out of sorts. The income from the restaurant was not enough to sustain this. So I gave it up and came to the conclusion, I only had one resort.

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