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In a few years, then, a huge number of new restaurants will open up. The number of people who want to run a restaurant, and are willing to give it a shot, is incredible.

The number of people who want to run a restaurant, and are willing to give it a shot, is incredible.

Yes, and the risk is always tremendous. I told my wife that if we ever come into a large pile of money, we will NOT open a restaurant. It is one of the easiest things to lose money on. The smart people let pros do it for them (e.g. Tim Horton).

When we lived in Rockford, IL, some local won the lottery, and put the winnings into a new Quizno's restaurant on Harrison Ave., a main street in the city. Shortly after the opening, Rockford picked THAT TIME to finally do road work in front of the Quizno's. The Culver's next door survived, because it was well established. People were not yet used to going to Quizno's, and there was a more convenient one (due to the construction) just north on State Street. The business failed completely, even though the owners did nothing wrong.