What should the best estimated amount of money be when investing to starting a Restaurant? - starting a restaurant
I want to hear only from people with experience in futrue, so if I pass, I'll be better equipped and quite fast in the game
Sunday, December 20, 2009
Starting A Restaurant What Should The Best Estimated Amount Of Money Be When Investing To Starting A Restaurant?
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5 comments:
depending on the location of a restaurant, and I would say at least 60,000. A restaurant has a lot of start-up inventory, food, staff, tables, chairs, plates and rental / silver, stoves, tables, knives, spices, menus, lighting, heating, fridge, freezer, kitchen utensils, are expensive. But often you can get a business loan, so you do not everything
The answer he received from imisrdio were usually correct and also the response of normobrian. But capital requirements vary by type of restaurant. For example, a pizzeria on capital requirements are relatively modest. We need to invest in a blender and a stove, and about 1000 square meters area and about 5 phone lines. Of course, competition is tougher than it once was.
In our town there is an awareness of the rib, and Bar-BQ place is a hole in the wall that you long to be a hell of a company because they are in business for. If you have more than $ 1000 was invested surprise me.
Another example of a food facility that requires little capital, is a position of ice cream. If you are in a good location and offers a good cream that a way will be clear to you, except in winter.
I ate in small restaurants in small towns, (from a few old ladies more than once) were. I am sure that his investment was modest. One of my hobbies. Small towns are places that for restaurants. There are a lot of competition. When I was in Costa Rica, I ate in the apartment of a woman. She had 3 tables on the porch. The investment is equal to zero. The place was packed. All 3 tables fully occupied. Only one other place to eat in town and not too good and too expensive for Costa Rica.
The average initial investment of $ 130,000.00
The minimum initial investment of $ 73,400.00
90% of the restaurants do not, it can afford to lose investment, because it probably.
Depends on where you are. Luxury hotels in Manhattan or Los Angeles would be an asset. A family restaurant in rural Vermont, not exactly. There are probably books on the subject. It is probably a better investment for a pizza and sandwich shop on the street made in a factory or a candy shop in a tourist trap.
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