Stephanie R. asked
I need someone to review a contract for an investment in a bar in Texas. I don't understand the verbiage and need clarification on what the contract is saying, particularly regarding the return of my initial investment and the profit sharing. I want to ensure that the profit sharing is controlled and that there are no hidden guidelines allowing the operating owner to change profit sharing percentages after 36 months. Additionally, I'm concerned about the presence of multiple LLCs in the contract and want to protect my finances.
December 17th, 2023
Jessica F. answered
The contract gives the operating owner control over profit sharing after 36 months and does not spec...
December 17th, 2023
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