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How to Buy a Restaurant: An Ultimate Guide

7 Shifts

You have the advantage of a built-out kitchen with equipment, bars and dining rooms, technology, parking lots, and more. Tack on obtaining permits and licenses, and you could be in for a pretty big check. According to recent data from the National Restaurant Association, restaurants overall sell for a median price of $150,000.

License 444
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How to Open a Coffee Shop: The Ultimate Guide

7 Shifts

Obtain Permits and Licenses. Sourcing Equipment. You may discover that your target customers enjoy an afternoon pick-me-up and are sensitive to price. This research will dictate your hours of operation and pricing plans! This includes but is not limited to your equipment, permits, menu, and marketing.

License 459
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The Top Five Startup Costs Restaurant Owners Need to Know

Modern Restaurant Management

Food and Beverage Inventory and Paper Supplies. Similar to your payroll expenses, your food and beverage expenses are going to vary depending on the type of restaurant you run. In general, overhead expenses related to food and beverages should be between 35 and 40 percent of your total revenue. Licensing and Permits.

License 178
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How to Buy a Restaurant: An Ultimate Guide

7 Shifts

You have the advantage of a built-out kitchen with equipment, bars and dining rooms, technology, parking lots, and more. Tack on obtaining permits and licenses, and you could be in for a pretty big check. According to recent data from the National Restaurant Association, restaurants overall sell for a median price of $150,000.

License 195
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How Much Does It Cost To Open a Restaurant? 2020 Restaurant Startup Costs

Restaurant Clicks

That’s a good estimate to give you an idea of what your price range should be, but by no means is that number set in stone. Location is also a major factor, as it will affect all of your prices and especially the cost of leasing a commercial space. Food & Beverages. Equipment & Maintenance. Food & Beverages.

License 79
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How To Start A Catering Business In The USA

The Restaurant Times

There can be companies that cater to larger groups, or if you are starting out, you can start small for a party of 20 or 50 people depending on the experience, equipment, and capital you have. Licenses And Permission . Every state has a separate set of guidelines and policies for licensing and permits for catering companies.

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Top 10 Shared Kitchens in Ohio

The Food Corridor

Findlay Kitchen supports food entrepreneurs looking to start, grow and scale their business, by providing affordable access to 11 licensed commercial kitchens, commercial-grade kitchen equipment, and ample storage space. Coit Road Farmers Market offers a fully equipped and state-certified commercial kitchen available for rent.