http://www.inc.com/articles/201111/busin...
Case study of a $13K opening, pointing out in contrast a Fatburger franchise costs > $500,000 to open
http://www.forbes.com/sites/caroltice/20...
I have worked in the restaurant industry for about 5 years, all together, and am contemplating opening a small (50-65 person) restaurant. My menu would probably consist of half the amount of items as my capacity at a max of 30 items (5apts, 20 entrees, 5 deserts). The restaurant will be centrally located in a higher than average net worth area, with average competition. Growth in the area is expected to be high over the next ten years. Clearly there are always variables, with that being said are small upscale places like this conceivable and profitable?
Also what amount (range) of seed capital is needed for something like this?
