To start a restaurant of 30 tables , how much will it all costs ( the investment for setting up) and also the running costs including the ad costs... for the nxt few months of opening the restaurant approx....
2006-06-06 12:28:38 · 6 answers · asked by Violet 1 in Business & Finance ➔ Small Business
in melbourne, australia
2006-06-06 12:29:24 · update #1
The best routes to take are to research the process of starting a business as well as the industry you're interested in.
I recommend checking out the Entrepreneur, The Start Up Journal & Nolo. All 3 are great informational resources for the new/small business owner. I posted links for you in the source box.
I also posted an Australia-specific link to help you with business startup process.
Associations may be a good avenue to explore as well. These organizations will address many of the thoughts, questions and concerns you'll inevitably have as well as many you haven't anticipated yet. See the source box for some relevant links.
Research, research, research – this cannot be stressed enough. Read as much as you can about the industry. Here are some book titles that are relevant:
* The Restaurant Business Start-up Guide by Paul Daniels
* Restaurants That Work: Case Studies of the Best in the Industry by Martin E. Dorf
* Restaurant Financial Basics by Raymond S. Schmidgall
* Opening a Restaurant or Other Food Business Starter Kit: How to Prepare a Restaurant Business Plan and Feasibility Study by Sharon Fullen
* Upstart Guide Owning & Managing a Restaurant by Roy S. Alonzo
* The Restaurant Managers Handbook: How to Set Up, Operate, and Manage a Financially Successful Food Service Operation by Douglas Robert Brown
There are plenty of free informational resources out there. Check the source box for links to articles.
Hope that helps! I wish you much success & happiness in all your ventures!
2006-06-07 05:42:22 · answer #1 · answered by TM Express™ 7 · 4⤊ 0⤋
Are you going to lease or buy the space?
How many sq ft will be building be?
How many parking spaces will it have?
Are you going to buy the cooking equipment, the silverware, napkins, table cloths, tables, chairs, menus?
How many staff will you hire?
How much will your insurance cost?
How much does electricity and Gas cost?
What licensing fees are there?
How much does it cost to register your business?
What type of food will you serve?
How much does that food cost?
What will your hours of operation be?
How much does it cost to advertise in the local paper?
What is the going rate for a waiter?
Are you going to hire a cooking staff?
Are you going to serve alcohol?
Answer all of these questions and I might be able to calculate a reasonable estimate for you.
Otherwise assume $100,000. It is as good of an answer as any with the information you have provided.
2006-06-06 12:41:11 · answer #2 · answered by Honest and fair 3 · 0⤊ 0⤋
4000$
2006-06-06 12:31:15 · answer #3 · answered by Anry 7 · 0⤊ 0⤋
better start out with at least $250,000.00 . you have to have a place for your restaurant + all permits, licenses, kitchen equipment, supplies, money for salaries, money to live on until you get up and going
2006-06-06 12:37:50 · answer #4 · answered by joegossum 4 · 0⤊ 0⤋
confident, you may require permissions from the fireplace branch, the police branch, the close by municipality. additionally you may wish permissions from the site visitors branch. in the experience that your eating place has a bar area then that could require much extra permisssions. wish this facilitates!
2016-09-28 04:00:07 · answer #5 · answered by vanderbilt 4 · 0⤊ 0⤋
How about a Pizza Resturant?? We could be partners!
2006-06-06 12:31:05 · answer #6 · answered by Anonymous · 0⤊ 0⤋