Small Business Success Story - The Garden Cafe
Each year the New York Small Business Development Center recognizes outstanding small businesses in a variety of ways. This Success Story from the Mid-Hudson SBDC appears in our 2015 Annual Report . Lea Fridrich The Garden Cafe Mid-Hudson SBDC Lea Fridrich’s love for vegetarian food is only surpassed by her love for people! Lea had her eye on a well-established, well-loved vegetarian restaurant in Woodstock that she knew was for sale, and in June 2014 she offered to purchase it. A customer who frequented the restaurant Lea managed at the time was so impressed with Lea’s skills and passion that she agreed to finance the purchase of the restaurant and to become a limited partner. Lea was left with the task of determining a reasonable valuation for the business and estimating the total amount of financing required to realize her vision for the restaurant. Mid-Hudson SBDC Advisor Sam Kandel worked closely with Lea to determine a fair valuation, manage the expectations