by 
The Curious Bag
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If you've ever dreamed of opening your own restaurant, you may have been daunted by the reality of the startup costs you can expect to pay.
Permits
Permits cost anywhere from a few hundred dollars to a few thousand and may take months to obtain. You will likely need health permits and business licenses; liquor licenses are particularly costly.
Startup Costs
Forbes.com estimates that the cost to start a new restaurant from scratch could run as high as $300,000 in order to obtain seating and industrial kitchen equipment.
Reducing the Startup Costs
You can save money by refurbishing an existing restaurant that is already fully equipped. However, it could cost you more in the long run if the rent is higher.
Importance of Capital
A common reason for new restaurant failure is that it lacks the capital to get it through the initial period while you establish a clientele base. Ensure that you have enough money to pay your first few months' expenses while word of your new restaurant spreads.
Operating Expenses
Depending on the style of food you serve, between 25 and 40 percent of revenues will go toward food with payroll claiming approximately another quarter of revenues. A successful restaurant can expect a five-percent profit margin after taxes.
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