Business, 25.11.2021 07:30 des7900

You currently own and operate a bar in Champaign called the Illini Tap (the bar from the financial statement section of the course). Up until now you have only served beer and hard alcohol to your customers (no food), and all liquor served has been purchased through a distributor. Business has been good, but you have just bought and moved into a new building and are looking to further expand the bar’s business. The new building you are now located in has more space than the bar’s previous location and the basement of the new building is currently unfinished. You have come up with two different investment possibilities:Investment Alternative 1: MicrobreweryRenovate the basement into a microbrewery and begin brewing your own beer for sale at the bar. Investment Alternative 2: KitchenRenovate the basement into a kitchen and begin to serve a full menu of food at the bar. Information:You have estimated that both projects will require an initial investment of $100,000 for renovations and ne

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You currently own and operate a bar in Champaign called the Illini Tap (the bar from the financial s...

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