Hello everyone. I am writing from state of Maryland.
Recently me and my partner have decided to open a Mediterranean restaurant. We are both originally from Turkey. My partner has experience in pizza, pasta and sub business as a cook but he has never owned a restaurant business before.
We will be serving pizza, kebabs, pasta, subs, hummus, falafel...We have found a space for 2100 sqft in a shopping strip. Seating capacity will be around 60-64 people. Full service restaurant as well as delivery, carry out ...
We have not signed the contract yet. This week or next week we are planning to sign it. It will be 3 years plus 3 years optional.
However, before we go ahead I just wanted to double check our numbers with you guys who has much more real life experience in this than us.
Kitchen will be around 700 sqft.
These estimates are just for the kitchen and does not include the equipment such as walking cooler, freezer, ovens, friers, grill...
1500 lb Grease Trap (including labor) - $10.000
14' Hood including installation - $10.000
Plumbing / water lines (including labor) - $5.000
Fire suppression system (labor and material) - $5.000
Electricity (labor and material) - $5.000
Floors and walls (labor in it) - $5.000
What do you think; am I missing anything or underestimating any cost? I do not want get caught off guard after we sign the lease.
Below is a draft copy of the design. We will be building the yellow highlighted walls.
Thank you for any kind of input.