I started a wholesale food business about 2.5 yrs ago and it's picking up. The current kitchen I use is grandfathered in so I'm using an electric stove and a convection oven that leaks gas when you turn it on (all state approved). The people who own the place are nice and let me use use it dirt cheap. However, it's time to move on.
My question is since there is nothing out there I had the delusion I can buy a small spot and put a commercial kitchen in. However, small spots are expensive. Anyway, I found a place w/ cheap rent about 750 sq ft 750.00 w/ a 5% increase per yr x 5 yrs. I would need to put everything into it. Hood,equipment etc.....I'm thinking a kitchen is about 35k? Than I have to wait for the zoning approvals etc. The other option is to buy a cafe w/ the equipment in place (they are asking 39k),sell off the stuff I don't need and turn it into a production place. It's in a retail plaza so I can retail the food I wholesale to specialty markets. However, the lease is really high 1700.00 per month and there is 3 yrs to go. I have someone who will sublease but that's 600.00 per month. Which is dirt cheap for someone to store her stuff and come and go.
I was hoping someone who had the experience of puting a commercial restaurant can help me.
Thanks so much!