QD's Management, also known as Quarters and Dollars LLC, provides the leadership and administrative duties of restaurants. We provide managers to operate locations directly. Handling all your restaurants finances, managing staff, handling payroll, ensuring daily operations are completed and standards are met. We handle all administrative duties to such a extent you question why you are even needed. This is a great option for absentee owners looking for a new manager, location leasers without tenants, owners who lack experience, failing restaurants, owners feeling overwhelmed, and those looking to step back as a operator or just focus on making a good meal without the hassle of running a restaurant.
The undetailed of our what we will provide is:
Our cost:
Note¹: Upon entering into the first annual contract, we will provide $20,000 to ensure transition stability and cover potential losses due to our involvement. This amount will be used as follows:
Transition Stability Fund: A $20,000 fund will cover any shortfall from the average gross profit of the past three months from the effective date of the management contract. If the gross profit exceeds this average, the excess will be used to repay this fund. This fund is intended to ensure stability for the restaurateur and staff pay and other overhead, with the goal of repayment from increased profits generated by QDs Management.
Note²: Upon first annual contract, QDs Management's royalty fee of 7 percent is to be taken as the direct result of generated sales due to QDs Management. This is to mean any amount paid to this royalty is to be in excess of the average gross revenue of the past three months from the effective date of the management contract. Such that if the average of three months is 100, if gross revenue post contract is 103, QD's Management is to profit 3 of the 103. If gross revenue post contract is 107.49, QD's Management is to profit 7.49 of the 107.49. if gross revenue post contract is 150, QD's Management is to profit 10.5 of the 150.
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