WHAT WOULD restaurant in a downtown area of a large city. Because of your report
ID: 372196 • Letter: W
Question
WHAT WOULD restaurant in a downtown area of a large city. Because of your reported. Today, however, the owner of A-1 has announced he is retiring: he approaches you to inquire whether the restaurant would be interested YOU DO? location, no parking is available in buying his business Draft a letter to the owner of A-1 Parking For the past five years, you have made valet parking stating whether or not you wish to buy the parking service available to your customers through A-1 Parking. Essentially, A-1 provided valet drivers who the following points would stand outside your restaurant doors, approach cars as they arrived, give guests a claim check for their cars, and deliver the car to a parking garage owned by A-1. The parking garage is located one- fourth of a mile from your restaurant. When guests finish dining, the valet outside your restaurant radios the parking lot with the claim check number, and a driver from A-1 delivers the car to your front door where guests pay a parking fee before they regain possession of their car. A-1 currently provides this service to several restaurants. garage business. In your letter, be sure to address 1. How operating the valet parking service yourself would change the relationship you have with your restaurant customers. 2. The need for insurance to cover potential damages to automobiles and other areas of liability you might need to insure against 3. The potential pros and cons of assuming the responsibility for parking your guests automobiles, as compared to the current situation. 4. The agency, liability, and bailment issues that The arrangement has been a good one for both you and A-1. No trouble of any kind has ever been would arise if the purchase were madeExplanation / Answer
29 November 2017
Paul Andrews
A-1 Parking Services
11 Dickinson Road
New York
Dear Mr. Andrews,
I would like to take this opportunity to thank you for the excellent work you have done being our partner to provide parking services to our customers. I am extremely happy to know your proposal for selling A-1 Parking Services to us.
The valet parking facility services provided by your company has helped us and our customers to find solution for the parking issues that might have arise as we are located in a highly populated city with less free space available. The services rendered by your agency are so tremendous which helps us to get happy customers and would like to continue availing the services. Hence we would be happy to buy your company but I need to clear my doubts on some important points.
My first concern is regarding the insurance which is a mandatory requirement in your services. I would like to know more about the chances of potential damages to the automobiles and the other areas of liabilities that needs to be insured. It would help me to identify and select the best plan for the business and the cost that may involve on the same.
Another concern is regarding the safety and protection of the customer vehicles as we are living in a world where chances of fraud and theft are really high. Taking responsibility for protection of customer automobiles is a serious concern, but our business depends upon the happiness of the customer and hence we do not give much attention to this.
I would like to know whether there are any liabilities or any bailment issues pending with your firm since once we acquire the firm we are acquiring including the liabilities.
Hence before taking a complete decision our top management would like to conclude on the possible damages and liabilities to ensure success of the acquisition. We wish to buy your parking business and expecting a reply on the points discussed above as soon as possible.
Sincerely,
[Signature]
Christopher Gomez
City Dine Restaurant
New York
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