How much capital do you need to start a restaurant?

The average restaurant startup cost is $275,000 or $3,046 per seat for a leased building. Bump that up to $425,000 or $3,734 per seat—if you want to own the building. Our restaurant startup cost checklist breaks down all the costs you’ll need to consider to make your dream a reality.

What is the average sqft of a restaurant?

The restaurants themselves have a small footprint — average traditional Wayback restaurants are between 1,600 and 1,800 square feet — in contrast to the average McDonald’s or Burger King franchise (traditional locations for both are approximately 4,000 square feet), which means costs associated with real estate.

What are the costs of running a restaurant?

Each cost of running a restaurant falls into one of two categories: fixed and variable costs.

• Fixed costs include rent, mortgage, salaries, loan payments, license fees, and insurance premiums.
• Variable costs include food, hourly wages, and utilities.

What is a good size for a restaurant?

The general seating guidelines that should be observed are: Fine Dining: 18–20 Square Feet. Full Service Restaurant Dining: 12–15 Square Feet. Counter Service: 18–20 Square Feet. Fast Food Minimum: 11–14 Square Feet.

What is the biggest expense for a restaurant?

Food and labor are the biggest expenses for any restaurant. Rather than looking at hard numbers, focus instead on percentages. For example, instead of saying that the weekly food order won’t be more than $5000, instead, say it won’t be more than 30\% of your weekly sales. The same is true of your labor costs.

How much capital is required to open a restaurant India?

To start a restaurant business you need a sizeable chunk of capital. Opening a restaurant in India can cost you anywhere between 5 lakh to 1 crore (could be more or less depending upon the location, type of food, customers and costs that you want to undertake).