Finimpact

FAQ

How much does it cost to open a restaurant?

There are many variables which may factor into a restaurants cost such as size and location;  begin by building a business plan to bring clarity to the cost associated.

What’s the average restaurant insurance cost?

Depending on the amount and type of coverage your costs may vary, but you can expect to typically pay $175.00 for minimal insurance per month for your restaurant.

What restaurant licenses and permits are required?

Given the nature of a restaurant, people eating food, cross contamination, and proper preparation, licenses are typically required to operate a restaurant.

About the Author

Kal Salem

Kal Salem

MA Accounting - Arizona State University

A CPA and finance professional working with small businesses to educate owners and grow alongside their businesses. He holds a Masters in Accounting and a BS in Supply Chain Management. Owner at Salem CPA Services LLC.

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