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Fatman Flavor, LLC
Fatman Flavor,
LLC. In 2004, two Jamaican
immigrants seeking to open a Carribbean restaurant in Harlem
approached CDP. One, a home-health aide, was struggling to support her
family. Her brother, an
unemployed chef, had dreams of owning his own restaurant.
Working with pro bono counsel, CDP assisted the principals in
virtually every step in the process of opening their restaurant,
Fatman Flavor. First, we
created a limited liability company to minimize the personal liability
of the principals. Second, we
helped Fatman Flavor apply for a loan from a credit union, for the
purchase of restaurant equipment from an existing restaurant.
Third, we negotiated and drafted an asset purchase agreement
for the purchase of restaurant equipment. Fourth, we helped negotiate
a commercial lease for the restaurant site.
Fifth, we guided Fatman Flavor through the process of obtaining
the myriad licenses and permits required to operate a restaurant in
New York City. Finally, we
explained to the client its on-going legal responsibilities.
Today, Fatman Flavor is open for business and is operating at a
profit. Its owners enjoy
higher incomes and a new level of economic stability.
The restaurant also has generated five new jobs in the Harlem
community.
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