A breakfast restaurant feasibility study is one of the most searched topics currently by a large group of people who want to establish a successful restaurant that generates significant profits.
Currently, a job is no longer sufficient for many people to be their only source of income to achieve a different standard of living and to meet all the needs of the individual in society, especially in light of the extremely many obligations and burdens. Follow along with us in the following lines, and we will present to you a feasibility study for a breakfast restaurant in an easy and simple way.
Breakfast restaurant feasibility study
In this article, we will shed light on a feasibility study for a breakfast restaurant, which is currently considered one of the most important projects and also the most profitable.
As the market is now open and embraces all segments of society, we will explain to you in a series of points how you can start a small breakfast restaurant project and the expected profits from this wonderful project. We will also offer you some tips for establishing a successful restaurant.
How to choose the right location to start a restaurant project?
It should be noted that this project requires many different conditions and specifications in order to make it a success and for it to be a point of success for you. One of the most important conditions for the success of a breakfast restaurant is choosing the right location.
It plays a very important role in the success of the restaurant and attracting people as well, and of course the right place is the foundation that gives the impetus to success.
Before starting the project, you must choose a location that is lively and full of people. It is preferable for this restaurant to be close to main streets, in addition to schools, universities, a public park, for example, or near cafes.
The type of food must be chosen appropriately for the place. It is assumed that a luxurious restaurant will not be established in a popular neighborhood. Thus, for a popular restaurant, it must be in a more lively place, such as:
Government offices, for example, should have a beautiful décor that gives a pleasant impression, in addition to using the wide spaces in front of the restaurant to place many chairs and tables to accommodate a large number of customers.
It is best to set up your restaurant away from restaurants that serve the same type of food as you. In addition, you must offer different types of food to ensure the success of the project.
Ready-made feasibility study template for a breakfast restaurant
In order to establish a small restaurant project, you must first have adequate capital so that the restaurant can be fully established. This restaurant is used in the following points:
Cost of renting the shop
The restaurant rent must be paid and must not be less than 60 square meters, as this part is considered one of the most important fixed parts that must be paid monthly.
Cost of services and facilities
This cost includes electricity and water bills, as well as purchasing all required equipment and mobile phone bills. These bills are paid monthly.
Maintenance costs
Maintenance is not done monthly, but periodically, depending on the usage of the machines. You must definitely take this into account and set aside a sum of money for these maintenance operations.
Expenses related to obtaining licenses
These expenses are important for covering all the important expenses for food and, of course, for the restaurant staff as well, and are considered administrative expenses.
Wages of permanent restaurant workers as well as delivery service if available
One of the important expenses is that you should freeze an amount of money every month for all employees in the restaurant.
Restaurant purchases
It refers to all types of food served in the restaurant. Of course, in the first month, it will be from the capital, but the other months will come from the profit you will get from the restaurant.
Buying cooking utensils
Chairs, tablecloths, and tables must be purchased, keeping in mind that any of these items may wear out monthly and you may want to replace them.
Restaurant decoration expenses
You should also determine the expenses for decorating the restaurant.
Expenses for making advertising signs for the restaurant
Another important expense you should consider is the signage bearing the restaurant's name, the menu detailing all the food options, and the paper colors for all food bills.
Expected profits and revenues
The project owner must be aware that the profit will not be from the first month but may start to appear in the third month.
This is after all matters have been settled, in which case he can evaluate the success of the project and must cover all previous expenses.
It should also be noted that the net profit from a popular food project, such as fava beans and falafel, after the fifth month can be more than 100,000 Egyptian pounds after paying all of the above. Of course, this percentage varies from one country to another, depending on the currency and the region in which the project is located.
Tips for starting a successful food restaurant project
After presenting the study for the breakfast restaurant project, we must provide you with some important advice that you must follow before implementation. These tips include:
- Choosing a suitable and attractive name for the restaurant is important because the name is considered one of the most important factors when establishing a restaurant project. It is best to choose an attractive name so that it spreads quickly due to its uniqueness.
- The restaurant's decor is an important aspect when starting a breakfast restaurant project. It is best to choose a decor that matches the spirit of the restaurant, the type of food served, and the restaurant's name. There should also be harmony between the colors of the place and the signage, and there should be sufficient lighting so that the name can be clearly seen.
- It is best to have a suitable uniform for all the house staff. You must also pay attention to treating the restaurant staff well. You must also treat the customers well. In this way, you will have achieved all aspects of the equation for the success of this project.
- You must think of a different way to make your restaurant unique and have many distinctive features that enable it to compete with all other restaurants.
- It is best to ensure that all restaurant staff are disease-free, as this will ensure the restaurant's rapid success and prevent future problems.
In conclusion, we have presented to you in this article everything related to the restaurant project, from the feasibility study, in addition to all the other important details when wanting to establish a breakfast restaurant project. We hope you liked the article.
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