Johnny White per. 2 opening a chili’s franchise 1. Have you ever been at a restaurant and thought to yourself, how do I do start my own Chili’s restaurant? If I have does that make me weird? Opening a restaurant has been something I have wanted to do for a while now. 2. Qualifications for Chili’s A) three steps 1. 5 yrs.
experience with a multi-unit restaurant owner 2. personal / business liquidity of $500, 000 per restaurant 3. personal/ business net worth of at least $5 million B) initial franchise fee $ 40, 0003. Land / Location A) 1.
lease monthly $4, 000 (Richmond) 2. buy 10 years contract $300, 000 B) Average price $3, 000 – 12, 000 monthly 4. Size 1. approx. 5532 sq. feet 2.
217 seats 3. 146 dining area seats 4. 71 seats in the bar area 5. Construction A) pre-construction $40, 000 – 200, 000 (architectural and related drawings, engineering, testing, and permits) B) construction cost $650, 000 – 1, 100, 000 (foundation, slob, materials, hardware, roof, plumbing, electrical, HVAC equipment, and labor) C) site work $95, 000 – 300, 000 (paving, parking lot, sidewalks, curbs, installation of outdoor lighting) D) exterior signage $12, 000 – 40, 000 (2 min. signs) 6. Furniture / fixtures $75, 000 – 90, 000 (requires you to the table, chairs, and benches that meet their specifications) 7.
The Essay on Restaurant Report
Cut pork into ½ in. squares and with the pork bones fry over low heat until brown and the meat is slightly dry. If pork is very fatty, pour off all but 4 or 5 tablespoons of the grease. Using a colander, strain tomatoes into an 8-quart saucepan and coarsely chop tomatoes. Combine tomatoes, tomato sauce, hot water, cooked pork, and bones in the same saucepan. Bring to a rapid boil and continue ...
Kitchen / bar equipment $300, 000 – 350, 000 (kitchen and bar equipment, bar millwork, ventilation, refrigeration equipment, and sound system) B) bar accessories $30, 000 – 35, 0008. Opening Advertising $8, 000 – 10, 000 (local broadcast media, advertisements in local newspaper, direct mail, and magazine) 9. Initial Training A) the cost of training for 1 st time employees $40, 000 – 50, 00010. Working Capitol – is comprised of an estimated range of $12, 000 to 22, 00011. Inventory $15, 000 – 20, 000 A) range given will be needed to cover your inventory needs for the 1 st month of operation.
12. Liquor license $10, 000 – 400, 000 vary significantly – Local requirements State County 13. System Installation $30, 000 – 40, 000 A) computerized accounting, and security system 14. Additional funds $450, 000 – 600, 000 A) 1 st three months lease payments, 1 st three months inventory, payroll, utilities, insurance, security, repairs, maintenance, builders risk insurance.
15. Effective factors A) management and skill B) experience C) local economic conditions D) local market for the restaurant E) prevailing wage rate F) competition in market place 16. Total cost to start a Chilis restaurant $1, 800, 000 – 2, 909, 000 RESOURCES web interviewed Chilis manager.
