How much money do I need to open a small restaurant in India?

Opening a restaurant in India can cost you anywhere between 5 lakh to 1 crore (could be more or less depending upon the location, type of food, customers and costs that you want to undertake). If you do not want to invest your own money, you would have to raise money from an alternate route.

Is it hard to open a restaurant?

Conclusion: Opening a restaurant can be an extremely difficult and stressful process, even to the most organized and in-control individuals. However, once those doors open and the customers begin to come, it is a process that is well worth the effort.

What qualifications do I need to own a restaurant?

What qualifications do you need if you want to be a restaurant owner?

• Entry requirements: GCSE or equivalent in English and Maths at grades 9 to 4 (A* to C)
• Restrictions and requirements: Get a food hygiene certificate and pass enhanced background checks.

Is it hard to run a restaurant?

Running a restaurant is hard work. Which probably explains why the restaurant failure rate is at 60\% in the first year. And 80\% of restaurants don’t make it past 4. It’s time to take charge of your food costs – and your restaurant – once and for all.

How much does it cost to start a restaurant in India?

The type of restaurant you plan to start will depend on market potential, cuisine, your budget, and capability. The cost of starting a restaurant can be anywhere between ₹5 lakhs to ₹2 crores. Higher the budget, higher the profits – but if you are a new restaurateur, it’s safer to start a small restaurant/fast food business.

What is the future of restaurant industry in India?

According to a report by the National Restaurant Association of India, the Indian foodservice industry is estimated to be Rs. 5.99 trillion by 2022-23. Clearly, the coming years will see a growth in the restaurant industry. What is the average cost of opening a restaurant in India?

Do you need a FSSAI license to open a restaurant in India?

According to the NRAI India Food Services Report 2019, out of the 2.49 billion food business operators, only 467,000 have an FSSAI license. Your restaurant must have all the required permits and licenses. The cost of each license is different. Some of them may even have a renewal fee that you are required to pay monthly or annually.

What is the best type of food business in India?

Major fast-food chains in India include KFC, Dominos, Starbucks & Pizza Hut. It is one the most lucrative restaurant formats among all and thus has also become the most popular choice of food business among the restaurateurs. The takeaway restaurant or QSR format seems to be the most practical format, as the return on investment is high.