How much money do you need to open a new restaurant?
Restaurant startup costs vary wildly. At the modest end of the scale, $100,000 could be enough to take over an existing restaurant. On the high end, an investment of $3.5 million might be needed to buy a coveted franchise location.
What is required to open a restaurant in India?
The FSSAI license, also known as the Food License is one of the most important licenses required to open a restaurant. It is obtained from the FSSAI (Food Safety and Standard Authority of India). It is necessarily a unique 14 digit registration number that is given to manufacturers, traders, and restaurants.
How to start a restaurant business in India?
Get All Licenses Required To Start A Restaurant Business You need to acquire licenses from the government to run a restaurant business in India. The cost of obtaining these licenses varies, depending on the size of your venture. It is advisable to apply for the permits early, as they may take a lot of time to get approved.
How much does it cost to open an eating house in India?
The registration cost for obtaining the eating house certificate is approximately Rs. 300 and it’s valid for three years. This license needs to be obtained within 30 days of starting your restaurant business. The cost ranges from Rs. 200 to Rs. 4,000 per year.
What are the costs involved in starting a restaurant business?
Restaurant costs are a significant part of running a restaurant and need to be evaluated and planned carefully. Below are the significant costs involved in starting a restaurant business: Food Costs- Food cost is the cost of all the raw materials used in preparing a dish. Ideally, the food cost should be around 30\% of your menu price.
How much space do you need to open a restaurant in India?
The average space needed for a restaurant in India will typically be in the ballpark of 1200 to 1500 sq.ft. This would obviously vary from city to city. Tier 1 cities like Delhi, Mumbai would be pricey whereas those in tier 2 cities would be easier on the pocket.