Business Idea: Start A Restaurant in 2024
If you love cooking and are passionate about entrepreneurship, starting a restaurant can be a fun and lucrative business.
To get started, choose a great location, and hire an excellent support team. You will need a chef to inspect the food and line cooks, waiters, and waitresses to serve the customers. No matter the restaurant type, you need great culinary and business skills to make your dream come true.
If you plan to open a restaurant , gain insight from consumer preferences and focus on serving modern consumers what they need.
Revenue & Profitability
How much do restaurants make?
- On average, successful restaurants report $9.02M/year in revenue.
Startup Costs
How much does it cost to start a restaurant?
- It can cost as low as $15,000 to start a restaurant.
- It can cost as high as $100,000 to start a restaurant.
Learn more about the costs of a restaurant.
Examples Of Successful Restaurants
Successful restaurant businesses and case studies
How a couple started from a humble weekend market stall in East London to building a Thai food restaurant empire with 18 sites across the UK, now with run rate revenues of over $25mil per year, by combining homely authentic Thai food with local ingredients in a casual cafe environment.
One Life Meals is a Toronto-based healthy meal delivery service that made 14,500 meals per month and generated $130k in monthly sales in 2018 through their one-on-one consultation, lean protein and seasonal veggies-based meals, and their focus on the client experience.
See full list of successful restaurants.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
