Ok. Funny thread. Lol. The openning post is quite succin, to say the least.
From what I gathered, we have a buisness ( a restaurant , O'sheas, or something like that ), we have an ex-owner ( Big Frank )and we have a current owner ( Rocky ? ).
Big Frank sells his buisness to Rocky. 2 cases.
First case : its a successful buisness. In my experience ( in europe, mind you ), a successful restaurant will sell for 1 to 1 and a half year of gross + the cost of all the stuff in it ( ie, tvs, tables, chairs, coffee machine, etc.......).
Second case : it is not a successful buisness. Then you could "buy" a buisness at no cost, apart from taking on all the passive of the place : debts, outstanding payements like rent, electricity, personnel charges, etc, etc........
In the first case, you change as little stuff as you can. You basically made an investment and want the place to continue making money.
Second case you change everything : decoration, food "style" , personnel, etc........in the hope of turning things around.
So, if i sit back and think of this particular case, such as it is reported on dr1, i smell something fishy.
200k $ for a successful restaurant ?....... never, not even in the Dominican Republic.
Then i notice that Rocky has changed the decoration and what not.
I also note that Rocky is a successful restaurant owner in the US. And yes, its not the dr, i get it..... but still the basics are the same.
Which leads me to think that Rocky aquired a not-so-successful buisness on the cheap and proceeded to try and make something out of it.
Fail. ( if dr1 is to believe ).
This is all my speculation, mind you.
Based upon my experience, all restaurants have hidden income, but also hidden expenses ( often to hide the hidden income, lol ).
So a plausible explanation for this whole problem would be that current owner uncovers all sorts of off-the-books expenses and, maybe, less than expected off-the-books income, then expected and/or told of at the time of the sale.
I mean, obviously, the current owner refusing to pay up what is still owed is a clear sign that he thinks he has a case in the eyes of the law ( and perhaps the current owner is not dr savy, i do not know ).
He wouldnt take the risk of losing the buisness, and his initial investment.
Now, if it was Paddy, the retired train conductor, that was the current owner, i would think diffrently. But a guy with a long experince in the restaurant buisness ?..........mmmmh.