How much does it cost to open a restaurant?

3 out of 4 restaurants close in their first year of operation.
Many people confuse the cost of opening and the cost of staying open.
A view of the restaurant business from the inside.
I have built and owned 10 restaurants.
Sharing knowledge with people who are interested in this business.

[@MrMarth29200]

I opened my smash burger joint near Paris and I made every mistake you described. Thank you for your advices !

[@rrrrr13100]

Great video brother thank you !

[@Radoseizov]

Well said. Really good point

[@4000mack]

Awesome video honest to the point no BS.

[@olivierhassig8930]

Great insight, thank you

[@canman5060]

Should be how much does it cost to prevent a restaurant from closing.

[@anthonybuapim3837]

Beautiful video. Thank you much

[@danielspeech]

Thank you

[@RONNIELA400]

Great info

[@vasmotz]

Thank you brother

[@iix23]

Any time

[@cataliniovu1599]

I have a foodtruck own from 3 years. I build my coustomers. I want to open my own restaurant.

[@tastychicken3966]

Where are you located?

[@parthmahajan7577]

I have opened my restaurant in brisbane please visit

[@f-empire-8]

Lol, jokes on you bro, I don't have any friends.

[@S9.S4]

OUCH !

[@bornabomination4424]

🥹🤣😭😭

[@RONNIELA400]

But why did u say about the business partner being bad

[@chrisburton8470]

I think its just not good overall because of many reasons. Investors are not really trying to help your business they just trying to get a come up and possibly take over your business

[@1kennylo]

It’s like having a roommate or when things go bad it’s like a divorce. All good at first but…

[@sasquatchrosefarts]

Two people who aren't experienced is just two people clashing while they learn new kings. It's not always bad. But it's bad more often than it's good.
But if one person had a background in electrical and infrastructure , and the other has a background in restaurants..... That might be a great team. One maintain the physical building, and the other has energy to focus on the food and customers .
Restaurants constantly need oil traps cleaned...... Toilets snaked, electrical maintained or changed.

[@tylercampbell6365]

Start small scale up as you grow

[@heycouper629]

If the food is "good" then why aren't the friends coming back?

[@LittleBodyBigMood]

Cost may be to high for friends to afford

[@Eva87564]

Why business partner is a mistake?

[@tastychicken3966]

Because too many fights and problems can happen. Money problems are the most common one

[@RyanStrandjord]

@@tastychicken3966 find the right partner, problem solved. If you want to stay small do it on your own, if you want to grow build a great team.

[@user-wu3um7rs8r]

Thank you