Originally posted on Entrepreneur.com
Starting a business is not easy but buying an established business can sometimes be harder -- especially when it’s a restaurant in an oversaturated market like Washington, DC.
When Tony Lucca bought into the partnership of 1905, he knew it was going to be an uphill battle.
Before Lucca joined the 1905 group, he knew he wanted to focus on the underserved and undervalued areas of the city. He was looking to be ahead of the gentrification game. The right space in the right neighborhood was going to be the key, so he took networked people to lunch and met with restaurant owners to get a better read on the business. After doing his research, it seemed like 1905 fit the bill.
Read the full story on Entrepreneur.com