Any software engineers in Bangalore tried opening a restaurant/cafe?
I am planning to open a QSR restaurant/cafe in Bangalore. Need some insights on restaurant business in Bangalore -
- How are the rents in areas like Koramangala/Indiranagar for a small QSR cafe?
- How much does it cost to setup a fully operational QSR cafe like Rameshwaram?(approx in lakhs)
- What are the monthly operation costs? (Rents, salaries, stock)
- Do we need a lot of local contacts to set up a restaurant?
- Is it possible to operate a restaurant along with a full time software job?
- Is QSR cafe a better alternative to building a non profitable start-up?
I have thought of some good USPs for the QSR. But, I am really confused whether I should go ahead with it or not. Please give your inputs.
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Everytime in any convo I had in Bangalore about opening a restaurant/cafe/brewery it ended up in that you need some local backup/partner and need to know the language for some reason
I can see new cafes/restaurants coming up almost every week in Koramangala/Indiranagar/hsr. Do you think all these restaurants are being opened with the help of a local partner?
No it’s not required you can hire some persons
People often lose their shirt when they do F&B business full time.
You are pretty much guaranteed to lose money if you are going to be doing it part time.
If atleast one founder is full time, there is a 20-30% chance of the business surviving.
Very difficult and cutthroat business, you should ideally partner with someone who has qsr experience.
You always get customers when you do quality food and service! The cost It is different based on your business model! I can tell you approximately for the above mentioned area you will 300-400sqft shop for 65-75K per month, you need atleast 4 employee to run the business and salary of 4 including one store manager it will cost around 1.25Lakh, then others expense will come around 50k. You need 2.5lakh per month to run a business if you are aiming 1lakh revenue you need atleast 3.5lakh in sales. Based on this you need to plan for coffee price and marketing everything!
I’m also planning to launch our first QSR in Bangalore, March first week we planning to open it.
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