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The Start Up Chronicle

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2011_south_fork_finances1.jpgRestoblogger Bruce Buschel looks at the finances of his less-than-a-year-old Hamptons restaurant Southfork Kitchen: "Let us now mince no words. We are in a hole. We might find oil before we find profit." Although they had some good weeks this summer, they were closed for a month due to a fire and they're still waiting for insurance money. After assessing the damage, he admits, "We will not be in the black come our first anniversary." [NYT via Curbed Hamptons]

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