How much does it cost to start up a business?

Question

I am hoping to start up an eatery (almost like a deli) business and I am wondering how much money (in Canadain curency) it would cost to start up a business. I live in the suburbs so it should be easier. I want mostly numbers, but info would also be good and if possible tell me how you figured it out (list sources). Also if posible, spread it out into categories. e.g. how much does it cost to rent the building? how much does it cost to get the minimum amount of equipment, how much does it cost to hire employees and how many etc.

Answer 1

I work with a lot of deli style franchises and typically they cost between $200,000-$315,000 CDN depending on square footage (1500-2500 sq ft within those ranges). Subtract $25,000-$35,000 for the franchise fee and you should be in the ball park.

The breakdown of this investment is typically:
Fit up of leased space: 25%
Furniture & Fixtures: 20%
Equipment: 10%
Start-Up Expenses: 30%
Cash on Hand: 15%

But these vary depending on a number of factors.

If you are looking for more general information on starting a business check here: http://www.diybizplan.com

Good Luck
Mr BizPlan