I reconnected with an old friend of mine recently and mentioned that I had some extra money I was interested in investing. He approached me recently with a business deal. We have an opportunity to open up a restaurant at a great location in a metro area. The location had been established for 3 years previously but for what ever reason they restaurant owner has gotten out of the lease and now we have the opportunity to sign a 6 month lease with the landlord to start out with. The rent is 5000 a month and for this location that isn't bad at all considering and seats about 50 people plus a back room that could be used as a lounge with a bar. My friend would be putting up 40k as well as pretty much running the business daily. His family currently owns a restaurant for several years and has received good reviews. Basically this would be a sister restaurant with the exception that we have a full bar. He has all the restaurant experience so most of the issues with starting up a restaurant would be left up to him. IE: chairs, kitchen equipment, labor etc... He also thinks dinner only would work with some type of happy hour. I would be investing 10k and helping out on the weekends as I have a 9-5 m-f job. I have the following questions: 1. Does the liquor license pertain to property owner and not the people leasing the property? state is CA 2. I'm trying to figure out how to draw up a contract for my 10k investment and wanted to know what would be a fair request for return on my money. 3. Should I be included on the lease or will the contract I present to my partner be enough?