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RestaurantHospitality RHExtra for July 12, 2011
 Start-up Loans, No Bank Required
 Fringe Drinking: Limbaugh, Snoop Dogg And You
 Soul Daddy: Where Did The Cash Go?

Start-up Loans, No Bank Required

Ever think of preselling special meal packages online to help raise cash to open your new restaurant? Chef/owner John Brandt-Lee tried this tactic and got 112 customers to respond, enabling his Avalon Pasta Bistro to open in Downington, PA last week. Could this financing method work for other operators, too?

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Fringe Drinking: Limbaugh, Snoop Dogg And You

Never made any money off of Red Bull? Miss out on the Four Loko craze? Maybe your restaurant should stock one of two new libations backed by celebrities who bring a built-in following: Rush Limbaugh’s Two If By Tea and Snoop Dogg’s Blast by Colt 45. No mixologist required.

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Soul Daddy: Where Did The Cash Go?

We already know that reality show America’s Next Great Restaurant winning concept Soul Daddy is the fastest chain restaurant failure in history. Now, courtesy of an SEC filing, we’re getting an inkling of how much money was lost in the process, at least by Chipotle Mexican Grill and its boss, Steve Ells: $2.5 million.

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