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How to Buy a Restaurant: An Ultimate Guide

7 Shifts

You have the advantage of a built-out kitchen with equipment, bars and dining rooms, technology, parking lots, and more. Tack on obtaining permits and licenses, and you could be in for a pretty big check. Equipment Costs and Condition More than likely, you’ll be purchasing all of that equipment when you buy a restaurant.

License 444
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How to Open a Coffee Shop: The Ultimate Guide

7 Shifts

Obtain Permits and Licenses. Sourcing Equipment. This includes but is not limited to your equipment, permits, menu, and marketing. Rent, equipment costs, supplies, marketing, and paying staff are among the costs you'll incur when just starting. Business License. Liquor License. Research the Market.

License 459
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The Top Five Startup Costs Restaurant Owners Need to Know

Modern Restaurant Management

Food and Beverage Inventory and Paper Supplies. Similar to your payroll expenses, your food and beverage expenses are going to vary depending on the type of restaurant you run. In general, overhead expenses related to food and beverages should be between 35 and 40 percent of your total revenue. Licensing and Permits.

License 151
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How to open a restaurant in California

Clover - Restaurants

Have a general idea of your food/beverage menu Figuring out the kinds of food and beverages you’d like to serve in your restaurant early on is smart, as certain ingredients may require special shipments/relationships with specific vendors. A local business license from your local city/county. Learn more here.

License 52
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How to Buy a Restaurant: An Ultimate Guide

7 Shifts

You have the advantage of a built-out kitchen with equipment, bars and dining rooms, technology, parking lots, and more. Tack on obtaining permits and licenses, and you could be in for a pretty big check. Equipment Costs and Condition More than likely, you’ll be purchasing all of that equipment when you buy a restaurant.

License 195
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Going Mobile with Contactless ID for the Post-COVID Restaurant Experience

Modern Restaurant Management

To date, a thorough look at an ID requires handing over a physical credential – but now, the prospect of mobile driver’s licenses (mDL) opens the potential for accurate contactless ID checks as an important part of the overall move towards safer transactions. Every effort is being made to ensure customers feel safe and protected.

License 173
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Restaurant Budgeting: How to Create A Restaurant Budget

7 Shifts

This includes: Net Sales: The total revenue derived from your sale of food and beverages. Your restaurant expenses may vary depending on various factors, such as the equipment you use, your business location, the size of your operation, and whether you own or rent your commercial space.