DH was also a chef and had a background in hopitality before heading into accounting. So between us we were idealy set-up to run a cafe/restraurant. We have considered it many times, but so far have not done it. One of my last bookkeeping jobs was for a deli and cafe that was family owned.

As boomba as already said the house and dealing with staff are that hardest bits, well along with juggling the finances. Compliance, as in dealing with award wages, BAS statements, super etc can take a lot of work. If neither of you are skilled in this area, then look at getting a bookkeeper and I mean a real one, not someone who has done a basic MYOB course. Someone with an accounting background with payroll is a better choice. Also a good accountant is a must.

Good luck! You must tell us how you go with this. Also if you want to bounce ideas around, there are a few of us here that love to listen to them and will give you fair feedback.