It takes six months to a year to create a new restaurant business, not counting the time of “inclusion in the process.” The costs of design, interior and equipment are about $ 500 thousand – $ 2 million.
Experience shows that for a restaurant with a level of 4-5 stars with an average mark-up on dishes of 300%, a turnover of $ 25-40 thousand per month will be a good result. Profit in this case (excluding taxes) can be about $ 5-15 thousand per month.
In democratic restaurants, the payback threshold occurs at a turnover of $ 45 thousand. With an income of $ 70 thousand, profit here will be about $ 10 thousand. But this result can only be achieved if everything is done according to science: a good place has been chosen and a good level of service has been provided. Continue reading