What is an Approximate Budget to Open a Full-Service Restaurant in the USA?Opening a restaurant involves several major expenses, and the cost can vary significantly. Here’s a rough breakdown:
- Lease/Rent: $3,000 to $20,000+ per month, depending on city and neighborhood.
- Kitchen Equipment: $50,000 to $150,000 for appliances, cookware, refrigeration, and sanitation equipment.
- Interior Renovations and Furnishings: $50,000 to $200,000 for furniture, lighting, and décor.
- Licensing and Permits: $3,000 to $10,000, covering food, liquor, and business licenses.
- Inventory: Initial stock of food, beverages, and kitchen supplies, roughly $10,000 to $20,000.
- Staffing and Payroll: Monthly costs depend on the number of employees, typically ranging from $10,000 to $40,000.
- Marketing and Branding: $5,000 to $15,000 for promotions, website setup, and signage.