Get the answer to the #1 question all aspiring restaurateurs ask: How much will it cost to open my restaurant?
Get a grip on finances
Itemize fixed and fluctuating expenses
Determine your break even point
Calculate how much financing you need
Budget Like a Restaurant Pro
Break down your restaurant startup costs
There are two kinds of restaurant startup costs: one-time expenses like construction costs, equipment purchases, and permit fees; and recurring expenses like restaurant rent, payroll, and food costs. The startup cost calculator helps you budget for both by simplifying the cost breakdown for all your expenses.
Determine how much money you’ll need to open your restaurant
Chances are, you’ll need financing to open your restaurant. Potential investors will want to know how much funding you’re seeking, and how much you’ll be able to contribute. The restaurant startup cost calculator will forecast your initial capital requirements, and factor in how much you can personally bring to the table.
Set an operating budget
An operating budget is your plan for generating revenue and incurring expenses. It’s a key requirement for your restaurant business plan and is typically in effect for a full fiscal year.
An operating budget calculates simply like this: