Mary Cogar
New member
The place we want to rent already has all the tables chairs and dishes, pots and pans fry vat and cooking area as well as prep tables etc. So I even got the renter to come down on the price of the rent. But we don't have much money to work with. I have $4000 from my taxes. So I know I need to pay the rent which is $1500 and I know we need electric and phone. I also know we need food and to go containers ( even though its an eat in there are a lot who will just run in for lunch.) Its in a great place near the gov center and jail. So do you think Im crazy could I possibly do it on $4000? I think Im going to have to make about $200 a day just to break even. That's not including other employees. So far just my husband ( cook) my daughter waitress and me. I know waitresses make like $2.13 an hour plus tips. Restaurant seats about 35 people. I know we would be working basically seven days a week until we get on our feet and can hire more people. Its mostly sandwiches/appetizers and things we can prep ahead of time such as chili and meatloaf. We are trying to go with a quick menu. I have a basic business plan but Im trying to figure out the cost of things. I know once I do I can take it to SCORE. Please help