But the devil is in the details. When that stress response is turned on 24/7âthe way it is for a lot of usânothing good happens. Itâs like speeding down the 405 freeway in first gear. That first gear can be a lifesaver if youâre trying to get up a steep hill, but itâs death to your transmission if youâre driving 75.
You will generally find that the total cost per square foot of your restaurant will run about $150-$200, excluding land costs. This means that if you plan on opening a restaurant with a square footage of 3,000, your total costs will be approximately $450,000-$600,000. Keep in mind that this is a general range only.
Restaurant Equipment Leasing Average Costs. Starting a restaurant from scratch can run $100,000 to $300,000. The cost for kitchen equipment alone makes up a significant chunk of that, usually anywhere from $30,000 to $120,000. Leasing a full set of kitchen equipment usually runs anywhere from $1,000 to $5,000 per month, depending on the type and size of equipment you choose. However, many restaurants choose to buy certain items and lease others. If you can afford it, you re better off buying major appliances like freezers and ovens.