Sebuyo Guide: How to Calculate the budget of your restaurant!.
Opening a restaurant necessarily requires a financial investment. However, there is no such thing as a typical budget. The latter depends on a set of parameters specific to each business concept. Nevertheless, we can rely on common spending poles to each type of restaurant. In this article, you will learn on what base you are able to calculate the budget of your future restaurant.
Business and location
It is definitely the biggest expense you will have to make for the opening of your restaurant. If the location you are looking for hosted a restaurant before, you will have to pay a transfer fee to the previous owner of the business (price depends on the existing clientele and reputation).