Done with your hospitality diploma?and now you want to open a restaurant in india do you?For those few who have a streak of maverickism in them, read on
The world loves glamour,beautiful people,the world loves food,and if you can make a lil money while youre at it,,why not wouldn’t you say,Two years of experience in a real world kitchen should be enough to start with.Im talking about a live a la carte kitchen on fire,rush hour guests with the orders pouring in,its hot,its sticky and you cant get a whiff beyond the garlic chutney.This is a harsh environment.and you have to be smack in the middle of it.
Assuming you’ve been through that phase;
for a mid sized restaurant business plan in Mumbai
You will need::
1.Rent amount of atleast 1.5 to 7 lac rupees ($3K-17K) a month depending on the location and size of premises
2.Overheads,including staff and electricity and gas– another 1.5 lac per month
3.Clearaces from the municipal corporation-licenses include health,eating house,rolling shutter,stallboard,gradation—renewble every year-about 30K
4.NOC from the fire department
5.Police licence-valid for one year
6.Renovation expenditure,depends on your budget,starting from 2 lac rupees
7.If you want to opt for liquor too,will set you back 4 lac rupees –valid for one year
8.VAT –oping for 6 monthly return about 1 lac + 20% on liquor sales—approximately 4 lacs a year
9. “Payouts” to keep everyone happy-about 15K a month
That should make you “less richer” by a very modest 6 lacs($16k) a month at a minimum.
So there you have it.The restaurant business is =by the rich,for the rich,=unless you plan on starting a small side of the road eatery,but you didn’t sign up for catering school for that did you?