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How Much Does It Take To Start A Restaurant - Business - Nairaland

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How Much Does It Take To Start A Restaurant by mashnino(m): 9:14pm On May 19, 2015
Hey guys

It has always been one of my dream to start a restaurant, i mean a RESTAURANT not roadside food vendor

I know it can be costly to start but i just want to know like what price range should i be talking about...

and one thing i ve always been confused about is the salary for the cooks and food servers(waiters)...

So please anybody here who can help here...

cc seun lalasticlala

7 Likes 4 Shares

Re: How Much Does It Take To Start A Restaurant by Nobody: 12:43am On May 20, 2015
mashnino:
Hey guys

It has always been one of my dream to start a restaurant, i mean a RESTAURANT not roadside food vendor

I know it can be costly to start but i just want to know like what price range should i be talking about...

and one thing i ve always been confused about is the salary for the cooks and food servers(waiters)...

So please anybody here who can help here...

cc seun lalasticlala
It depend on the location and the qualification of those you choose to employ. But first you need to register your food business.
Re: How Much Does It Take To Start A Restaurant by mashnino(m): 8:58am On May 20, 2015
sad sad shocked shocked

wit who?

So you want to tell me most of these restaurants around have their business registered?
Re: How Much Does It Take To Start A Restaurant by bedfordng(m): 9:25am On May 20, 2015
mashnino:
sad sad shocked shocked

wit who?

So you want to tell me most of these restaurants around have their business registered?
you've been given a big advice.the first thing to take care of when planning to start a business is to register the business name which many business owners fails to do and it may cost you more if sharp guys got a hold of the name you are making use of because they can sue you for using the name which you have been using for ages.

When starting a business, try and register the name first after you've coined a name to go professional and stand out. Most business in nigeria don't have their business name registered.

Just imagine starting a business with a cool name and you've gathered lots of customers but the name is not registered. A sharp guy will use you as bank account by registering the name and sue you for it because the name now belongs to him and not you and you will pay for damages.

So do what is right and start off on the right track. First coin a name and register it before you even open the restaurant.i won't even advice my enemy to open a business without registering the name first because by the time you plan to register it, it may not be available when they search for it or a sharp guy may kick you out of business by stealing your brand if they register the name and open a restaurant at the same area where yours is located and there is nothing you can do because he/she is now the rightful owner of the name.

Years of hardwork gone.just like a website domain name, register your business name before you start.

30 Likes 1 Share

Re: How Much Does It Take To Start A Restaurant by TDonald: 10:10am On May 20, 2015
2billion

3 Likes

Re: How Much Does It Take To Start A Restaurant by graphixplusng: 10:10am On May 20, 2015
Depend on the location and u targeted customer

2 Likes

Re: How Much Does It Take To Start A Restaurant by naijainfogalery: 10:10am On May 20, 2015
this isnt the best place to ask the question or lemme say before someone can give you a reasonable answer you need to provide some details . For example the amount you will use to build a restaurant in Egbeda might not even rent a building in Victoria island. So provide the following \
- Location
- Are you looking at a fast food or restaurant
- Are you renting or buying or building
- When u mean restaurant, you need to give a proper description cos when you say restaurant it means diferent thing to different people for me the idea of a proper restaurant is yellow chillis, rodizio, jevenik, ocean basket etc
- What kind of food are you looking at continental dishes, local, foreign etc cos that will determine a lot of things like the interior, location, furniture, etc

if you can supply this answers then may be we can help you

10 Likes 1 Share

Re: How Much Does It Take To Start A Restaurant by Nobody: 10:10am On May 20, 2015
1BILLION NAIRA

2 Likes

Re: How Much Does It Take To Start A Restaurant by MaleoPearls(m): 10:11am On May 20, 2015
First and foremost, the location matters. If it is in a big City, then you need big capital. But if it is in a remote place, then 50K is enough. IMHO

2 Likes

Re: How Much Does It Take To Start A Restaurant by Pavore9: 10:11am On May 20, 2015
It certainly depends on the quality you are aiming at.
Re: How Much Does It Take To Start A Restaurant by geedeex2(m): 10:12am On May 20, 2015
..
Re: How Much Does It Take To Start A Restaurant by dayosaurus(m): 10:13am On May 20, 2015
Gatt nothing to say. Here to learn
Re: How Much Does It Take To Start A Restaurant by olexjay(m): 10:13am On May 20, 2015
@ op, Let me give u a good tip: Try to visit some restaurant with a pen and paper then buy little food or snack, sit down and then you put down some of the things you saw there, you move future by knowing the price of those equipments and this will help you in making some estimation.

Most people here which are giving you advice don't own just a mini-mart shop not to talk of restaurant or eatry.

Going to some eatry/restaurant will help you in making a good estimation on how much siting one will cost you.

And mostly the area where you will like to site the restaurant will also determine, meaning how much they will lease a land for you and how much you will spend on the building to use...

Best of wishes.

8 Likes

Re: How Much Does It Take To Start A Restaurant by Pavore9: 10:14am On May 20, 2015
mashnino:
sad sad shocked shocked

wit who?

So you want to tell me most of these restaurants around have their business registered?

When Local government officials remember you, you will know was gwan! cheesy cheesy cheesy

11 Likes

Re: How Much Does It Take To Start A Restaurant by mabeni(m): 10:14am On May 20, 2015
it depense
Re: How Much Does It Take To Start A Restaurant by condralbede(m): 10:15am On May 20, 2015
make I rest here small

2 Likes

Re: How Much Does It Take To Start A Restaurant by cescky(m): 10:16am On May 20, 2015
you can start without registering but the down side may be quite heavy

if your business becomes a success, people will forget the food you sell and will be sold onto your brand ie people will be coming because of the brand name not the food, just like every one calls detergents ''omo''even when they want something else, or tooth paste ''close up'' when they want another''

also if your registerd in the event of success you can always sell your name as a franchise....if not any one can drag your name and rteputation through the mud and claim its you

3 Likes 2 Shares

Re: How Much Does It Take To Start A Restaurant by Halaz(m): 10:17am On May 20, 2015
the bigger the restaurant the higher the cost it may need. therefore, it depends on how you want see it.
for some even #1m can do, but for some up to #10m
I suggest that you should give out the exact amount of one plate.
Re: How Much Does It Take To Start A Restaurant by Doyinne(m): 10:18am On May 20, 2015
You need to consider the following, and the cost implications:
1. Registering the viz
2. Location (target market)
3. Building
4. Equipments ( from cooking/baking, icing/cooling, sitting, etc)
5. Staff
6. Backup funds (it advised you have at least 2months salaries of staff on ground)

You can contact restaurant managers for more info

6 Likes

Re: How Much Does It Take To Start A Restaurant by Halaz(m): 10:18am On May 20, 2015
the bigger the restaurant the higher the cost it may need. therefore, it depends on how you want see it.
for some even #1m can do, but for some up to #10m
I suggest that you should give out the exact amount of one plate that you wish to sale.
Re: How Much Does It Take To Start A Restaurant by Fesomu(m): 10:18am On May 20, 2015
Like they say " you can't lose in a food business" good idea bro..pursue ur dream, its a nice one .. The person that owns white house @ sabo yaba is a fucking millionaire...pls go for local food...it sells better...that kind local food wey na for fire they go comot the amala..o dig?

8 Likes

Re: How Much Does It Take To Start A Restaurant by uwa1(m): 10:21am On May 20, 2015
Make I relax for here.
Re: How Much Does It Take To Start A Restaurant by Nobody: 10:21am On May 20, 2015
Good initiative but i have no idea. Just felt like commending you. smiley

2 Likes

Re: How Much Does It Take To Start A Restaurant by kay29000(m): 10:22am On May 20, 2015
Hmm! I think you should be more specific with what exactly you want to achieve...You can compare your dream restaurant with already existing popular restaurants, so people get a clearer picture of what exactly you are talking about. Anyway,if you have problem lasting long in bed, hit me up on BBM- 7C22F6EC.
Re: How Much Does It Take To Start A Restaurant by extremelygolden: 10:24am On May 20, 2015
It also depends on the quality of the food you want to be selling and your targeted customers. For instance, we might be running the same business in the same location, while you opt to selling a plate of rice, let's say for N250.00, I might decide to sell mine for N1000.00. Sometimes your own food might even be sweeter, but my packaging and/or branding might make a certain class prefer my resturant, even when your service seem far cheaper.

Everything depends on how you want it, bros. And you must heed the advise given to you earlier about registering your business cos you never can tell when you'll really need it (i.e. if you think otherwise now).

I wish you God's favour.

2 Likes 1 Share

Re: How Much Does It Take To Start A Restaurant by mashnino(m): 10:26am On May 20, 2015
bedfordng:
you've been given a big advice.the first thing to take care of when planning to start a business is to register the business name which many business owners fails to do and it may cost you more if sharp guys got a hold of the name you are making use of because they can sue you for using the name which you have been using for ages.

When starting a business, try and register the name first after you've coined a name to go professional and stand out. Most business in nigeria don't have their business name registered.

Just imagine starting a business with a cool name and you've gathered lots of customers but the name is not registered. A sharp guy will use you as bank account by registering the name and sue you for it because the name now belongs to him and not you and you will pay for damages.

So do what is right and start off on the right track. First coin a name and register it before you even open the restaurant.i won't even advice my enemy to open a business without registering the name first because by the time you plan to register it, it may not be available when they search for it or a sharp guy may kick you out of business by stealing your brand if they register the name and open a restaurant at the same area where yours is located and there is nothing you can do because he/she is now the rightful owner of the name.

Years of hardwork gone.just like a website domain name, register your business name before you start.

Thanks for the advice.... I appreciate

2 Likes

Re: How Much Does It Take To Start A Restaurant by ugolucas: 10:26am On May 20, 2015
A new marketing plan to advance you ur effort with a website to fit the class you wish to build for your business.
Get a restaurant website from this guy I met in cravings restaurant. 08067394271

I was amazed. You will too
Re: How Much Does It Take To Start A Restaurant by Dollarchap(m): 10:26am On May 20, 2015
It depends on the location. Ensure that it is a location with many people around, especially working class.

Re: How Much Does It Take To Start A Restaurant by thomastbibler: 10:27am On May 20, 2015
following

Re: How Much Does It Take To Start A Restaurant by donbabade: 10:27am On May 20, 2015
To buy tantalizers franchise cost btw 75M - 150M. Dependent on location
But u re guaranteed income of 3M-5M monthly.
Hope dis info has been helpful

1 Like

Re: How Much Does It Take To Start A Restaurant by greall12(m): 10:28am On May 20, 2015
Restaurant or buca

2 Likes

Re: How Much Does It Take To Start A Restaurant by helphelp: 10:29am On May 20, 2015
1k sha

Start by selling pure water...from there..ehen

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