article thumbnail

Liquor Licensing 101 for Restaurants in Recovery

Modern Restaurant Management

A major pain point for our clients has been navigating regulatory compliance issues such as corporate officer updates, alcohol license and permit renewals, and training team members in proper alcohol service protocol. The first step is to verify your liquor license and operating permits are renewed and active. ID, Please?

License 212
article thumbnail

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 Investopedia , a restaurant will generally look to sell for about 25 to 40% of its annual operating income.

License 444
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

What’s the difference between coffee estates and coffee co-operatives?

Perfect Daily Grind

In many coffee-producing countries around the world, there are a number of ways in which farms are operated and managed. Two of the most widespread coffee farming models are estates and co-operatives. Co-operatives vs estate farms: What are the main differences? Read on for more of their insight.

article thumbnail

How to Open a Coffee Shop: The Ultimate Guide

7 Shifts

Obtain Permits and Licenses. Sourcing Equipment. This research will dictate your hours of operation and pricing plans! So, make the most of this step– gathering this information will help you plan, operate, and run a successful coffee shop. This includes but is not limited to your equipment, permits, menu, and marketing.

License 459
article thumbnail

How much does it cost to open a restaurant?

7 Shifts

Furniture & Equipment Restaurant equipment can set you back between $100,000 and $300,000. Licensing and permits The licensing and permits your restaurant will need will vary depending on where you are. Ask an experienced colleague or lawyer which licenses and permits you’ll need to open a restaurant in your area.

License 354
article thumbnail

Understanding the co-operative model in Kenya’s coffee sector

Perfect Daily Grind

Historically, as many as 50% of Kenya’s coffee producers have worked with big estates or co-operatives at any given time. However, over the past few decades, the number of co-operative members in the country has been steadily declining. What are co-operative societies?

article thumbnail

How to Deal with Legal Regulations Affecting Your New Restaurant

Open for Business

How to Deal with Legal Regulations Affecting Your New Restaurant There’s no universal checklist for all of the necessary licenses, permits, inspections, postings, and signage for your new restaurant. All liability with respect to actions taken or not taken based on the contents of this article is hereby expressly disclaimed.

License 78