How To Set Up A Restaurant In 8 Lacs Or Less
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- เผยแพร่เมื่อ 28 ส.ค. 2018
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GOPAL KAMATH started working with his father in a small restaurant in Mumbai, INDIA and went on to Set up Multiple restaurants’ of his own as well as for Clients Pan India.
He then started helping individuals passionate about owning their own restaurants and guided them to achieve their dream business.
Over the past 20 years, Gopal Kamath has helped innumerable individuals with their Restaurant Business.
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His mission is to create One Million successful Food Business Owners All around the world in the coming 10 years.
See You Inside!
Gopal Kamath
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When I was watching ur video
I think my one side earphone is broke
😅
Who experience it ?
I'm also
Mujhe to lga jbl wale chuna laga diya mujhe
me too
Here
Me 😂😂😂
My own family member in this business has not even shared 1% of what you shared when I'm in this business. So much respect for you Bro. Thanks
Lovely
@Zubair Khan sahi bola Bhai.... yahan apne hi humare dushman hain
I don't want to take all this knowledge with me to the graveyard!
Knowledge expands when shared!
Teacher Learns the most!
Hi can you please guide the same if possible .
@@GETYOURRESTAURANT very true.....sharing expands...
Bro ...30 seconds into the video and I was hooked on...due to your personality...your genuine smile got me.
Jaguar Appreciate your gesture my man👨
@@GETYOURRESTAURANT 😂😂😂😂
😂
@@RamChandra-vn1oz Very informative video
@@GETYOURRESTAURANT l
Deposit value itself is incorrect unless you are talking about starting in a tier 3/4 city with no customers. Minimum deposit amount should be around 250000 even in outskirts of Mumbai . Plus you need to add 6 months minimum working capital in hand that's around 1200000 ( You agree business will not pickup from first day itself) So just total of working capital + deposit itself is 15Lacs. Add balance 6.5 lacs from your calculations and someone who is mustering the courage to start a restaurant should have minimum 25lakhs to start it. Else don't take risk.
How about license and workers? How could one get someone to work or hire?
really i was in need of this channel..... from 2 years i am studying about restaurant business...... thank you so much....
How jolly you look while explaining sir..😁😁 thank you for sharing this knowledge. It means a lot.
Yea. I searched and clicked on how to set up a restaurant because i was not interested in opening a restaurant. So i am just going to shut the video. Bravo
Thanku soo much brother.. Its really helpful
very good efforts....thanks for the video
Keep up the good work Sir, Really helpful
Thanks Man.
Appreciate It! 😍
Thank you so much for such a informative video sir !! Loads of respect 🙏
Thanks and welcome
Watch My Free Video Course On Restaurant Startup By Clicking Here bit.ly/3aHxdi0 . This will help you understand the Restaurant business better and enhance your food Business
thanks a ton! exactly what i was looking for. i know the Kamaths are a great name in hospitality (i have stayed in Kamats), but sharing the information as lucidly... hats off!
Glad it was helpful!
Good information, thank you
awesome awesome awesome video ... gr8 knowledgeable info
Thanks for sharing wonderful experience to us😍
Great. Thank you for sharing the basic idea.
Your Most Welcome!
Thank you for the video for the overview of the restaurant and giving idea of finance needed . For starters mindset like me to even think of the restaurant.
Thanks...You Got It alwynmaths Maths!
Very nice and simple, will give hope to some people who want to start business . nice to see people share knowledge and help others. Good job!!!
Thanks Roshni Monteiro. Appreciate your gesture and I’m glad you liked it!
Nice thanks for giving proper information..
Thanks for recommending TH-cam
Fixing budget and then planing always makes sense ; nowadays 8lk may be enough in tier 2 or below otherwise we build kitchen , takeaway and open restaurant model to avoid huge rental advances
You are so right Veera... I have just given the structure for better understanding, You can substitute my numbers with your numbers based on your location and other factors,
Hope that helps,
Click bit.ly/3v4nNoJ To Know more about the 5 Day Restaurant Startup Workshop
See You Inside!
Gopal Kamath
👇👇👇
Click bit.ly/3v4nNoJ To Learn More.
Toooo nice supportive things you suggest thank you hope I will meet u soon
Thanks ...for give me this video...
Achha...That was quite accurate . Now can you give any link of your videos where the execution of material are explained. Like how the materials can be reached, how to maintain consistency with persons or sources where raw materials are brought up to the kitchen, how to prepare the kitchen before the restaurant opens, how to manage menu etc, what should be the materials to keep in stock what should be the runnin imports of materials, continuity in execution etc etc . Please Provide the link if there is any such video or if there isn't then guide it through a new one.
Thank you .
That's explained in details in my coaching program. Check it out by clicking here gopalkamath.in/
Finally I found a genuine video with sensible and useful information.Thank you for making this Waiting for more ☺️
Your Welcome Rockstar A
Appreciate your gesture,
Regards
Gopal K
Awesome. You make it look so easy!
PlugIn Caroo It is not easy but it’s definitely possible if you work hard towards it!
Thanku so much for your beautiful guidence🙏🙏❤❤
Watch My Free Video Course On Restaurant Startup By Clicking Here bit.ly/3aHxdi0 . This will help you understand the Restaurant business better and enhance your food Business
Love your tips and tricks sir,keep making videos
Thanks, Sakshi for the Support, It really means a lot to me!
As per my youtube experience This guy Should have a million subs..He is so confident in what he speaks
appreciate It..Thanks!
Hey Anshul,
Thanks for those kind words!
I am planning to go there!
its been just 2 months I have started , Just wait and See!
@@GETYOURRESTAURANT hey, what's licensing is actually?where and how to get it? Please make a vdo..thanks
Mrinalini Roy Licencing means you have to get licence from the government to open your restaurant.
true
sir I really appreciate ur hardwork thank u soo much
Very helpful. Thank you sir
Thank you Man. Really appreciated. Maybe I would also get in touch with you in future if you don't mind😊
Definately
Hope That Helps,
Cheers
Gopal Kamath
Thank you 🙏
Thanks for this video.. God bless you..
subhashree ray thank you and god bless you too!
Thanks for giving information..
Amazing bro
Good evening sir, Sir please make videos on only, food cost ,ctc, if already made please provide thi link
Food cost is heart of business..if you can't control it... your business is dead.. you have to follow basics...
Sharing the basics is vital...thanks...also he has mentioned about ideal location for a restaurant
Thanks for those kind words Mr.Ameet Panchal,
If you want to learn more about starting a food business, check out my coaching program,
Click gopalkamath.in/
See you inside,
Gopal Kamath.
Wonderful video. U amazing mate. Bang on. U shld b having 1M subs n likes
Kamath sir, super advise.. I am willing to meet you in person.
Thanks man..
Hii, a good chunk of information. Everything is really organised, clear and specific. Actually, I would like to know about the details of licensing and taxing.
Thanks Harmanpreet Kaur, I'm Glad you like the videos !
Kindly check in the list of videos for Licensing secrets!
Join my live workshop by Clicking here www.gopalkamath.academy/5daysclass if you want to know the secrets about opening your own food business!
Cheers,
Gopal Kamath
Thanks for your video.
Knowledge is power and thanks to you for making me powerful 🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏
Thanks... My aim is to start a business hopefully restaurant🍴
Cool.Just Go For It!
In Bangalore the deposit itself for a 500 sft restaurant would be around 2 lakhs. You have not mentioned the cost of interior decorations. Mere furniture doesn't make up the interior. The billing system along with PC comes via rental too so the initial loading of 50k is not actually desirable...once the business finds its rhythm...maybe then. You have not included packaging cost for takeaways. You have not included the cost of home delivery done by swiggy and zomato...which is around 25% on the food cost. You have not included the cost for arranging accomodation for the staff and their electricity bill and their food cost. If you are including all of them in your working capital then unfortunately that 2 lakhs amount is very less! This is wrong consultancy! Remember many people use up their hard earned money in this risky restaurant business.
Its a Case Study...Currently I am helping a friend to set up a small outlet in under 5 Lacs. So it all depends. Dont stick to the figures, Use the formula if you are setting up a food unit!
Not only Banglore sir even in small small towns they are asking around 1 to 2 lakhs for a tiffin center itself
@@kamathresidency 5 lakhs doesn't cut in if it's a walk in restaurant, even if you buy second hand equipments. Maybe for a small roadside food cart. The BBQ on wheels itself charge 4.5 lakhs to set up...forget about the operating cost and man power cost. In which great city are you setting up this below 5 lakhs restaurant? Are you taking about only the cost of interior and kitchen?
So true...I have a tea shop in mangalore I paid 1lak 30k as deposit
@@sumanngon everything depends on your bargaining skills and type of business model you are working on initially. Remember Oyo hotels owner started with no money of his own. Now he is a billionaire.
Thank you so much for the good work done
Watch My Free Video Course On Restaurant Startup By Clicking Here bit.ly/3aHxdi0 . This will help you understand the Restaurant business better and enhance your food Business!
how to maintain the database and other information (which software ) and billing process?
Hi Gopal,
Its a nice video, I m working on the opening of restaurant in my vicinity.. Can u elaborate more on licensing requirement for opening small restaurants.
Hello Naveen Mehta ,
Thanks for the comment.
I recommend you go to www.getyourrestaurant.com and get the free 7 part course I am offering,
That will help you a lot,
I have covered licensing in there too
Regards
if u opening in Bangalore we are supplies Bangalore style biriyani Masala for hotel.so no need chef's for biriyani in your hotel.
Really Heart TOUCHING Video. After watching this video I closed my Restuarant and Started working. Now I am Happy. Thanks for Your Video.
By The way I used 50 K to pay the Deposit for my Rental 1 BR house of 350 sq ft.
Sad you closed your restaurant, Hope you would have watched my videos earlier!
Same in My Case...Wnna Open Resta. But Successful in Posh Area for Sales but the Price of Rent touches sky And get Just kind a Small room in 30-40k pee month..Which Is Not Justicable.
great video buddy
Thanks gopal.its really helpful for me
You are Most Welcome Thanuja Ariyawansa!
I would really like to know which city do you stay in, because compared to the costs in Mumbai your overall estimate seems to be overly modest
Hi Richie, contact me at 9886699479 ,. I am fromBangalore , I am looking for RS. 10 lakhs to start a al fresco restaurant ,
hi sister , as iam a student in the last yr of my science course, i too stays in mumbai but when u added this comment ,one question came in my mind and it was , what budget would i require if i want to start a restraunt in mumbai ??
@@joebutch5172 hey man , any update??
M
Wait what 😂 I'm only just reading these comments
start from 3:17
Great job .. I want meet you soon as possible ....
O thank u so so much for the raw plan for my startup resto...
Your Welcome! Here is more for you to learn for FREE!To Get a Free Course on Restaurant Building Go to www.getyourrestaurant.com/
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Get Your Restaurant is a TH-cam Channel for People Interested in Opening and Managing a Profitable Restaurant Of Their Own.
Gopal Kamath is a Restaurant Owner and Founder of GetYourRestaurant.com, A place where Restaurant Opening Strategies and Ideas are shared for passionate restaurant business lovers and foodies.
He works with Motivated Entrepreneurs To Start a Profitable Restaurant Business and Create a Financially Independent Lifestyle!
My Email Id Is gopal.kamath@getyourrestaurant.com
Once a gentleman who is in F&B industry for more than 20 years said "Agar jaldi paise kamane hai to thela khol lo, ROI is incredible and you will mint money".
Satvik Khare Well Said & True!
What is roi
How to set up a restaurant, location is everything. You need a spot that draws crowds, is easily accessible, and has the potential for growth. Of course, you need a location that fits within your budget too. It makes sense to take your time, as you’re looking for the right space. You might also want to do some research to find out of there are any startup incubator spaces for restaurants that you can join to keep initial costs low and that might come with mentor ship opportunities. Whether you decide to rent space or build from scratch, selecting a location is one of the biggest decisions you’ll make as an owner. I got achieve all this when i met a restaurant expert Mrs Kathleen Gregory who assisted me in earning a huge amount on her suggested platform, which i use to start up my own restaurant here in Paris
Oh yeah Kathleen is really best restaurant expert, if you really want to start up your restaurant when you got less capital
Ever since i met Kathleen over a year now i have been so to grateful to her, she really taught me a lot on her platform i got much profit which i use to manage my restaurant
Oh this is wonderful Kathleen is well known in the society with her good works an amazing woman
Thank you for the info, I want to start a restaurant business for the first time.
As I have no idea in this field would you tell me in details. How can i meet her?
Great job I want to open new restaurant in Bangalore but i got less capital and am not sure if i could be successful, need a expert on this ?
Great stuff 👍👍👍
Super very useful video thanks.....
Welcome 😊Definately.
If you are serious about starting a restaurant or any kind of food business, check this page www.gopalkamath.in.
Warm Regards,
Gopal Kamath
Great job sir I'm opening new restaurant in Bangalore thanks..
Wish you all the best Crystal!
Did you open it
Where is the storage space for disposals and inventory
Wash room also...
Ye apne ghar le jayega,😂
In pic up point table
Good work kamat maam👏
If possible make a video for us regarding how to set a coffee house and describe/separate the budjet same like this video . Max less investment and how much area we require for the same
JIJO JAMES JAMES A video might be too small to cover the topic!
You might want to look at the In depth Online course i have recorded where I teach in detail the process of Opening types of restaurants!
Go to bit.ly/36f6rHn to Check out the Contents,
Hope That Helps,
Gopal Kamath
Founder
Get Your Restaurant
Author 'Restaurant Secrets' Book bit.ly/3cQxJGg
Creator Of GYR Deep Dive Online Course bit.ly/36f6rHn
Hello sir,
Which license are required for restuarant in food court of mall
Check My Video On Licenses!
Audible only for one side in headphones
Same here...
yeah even i had the same problem...for a moment i thought my headphones were faulty...but the video has really good info...
True
Yes
Damn True!!!
Dear Gopal, I like your idea and explanations, your specific is tariffic
Thank You Brother.
I appreciate your gesture and am glad you liked my style.
I am grateful!
Thank you sir for making this video I want to start a restaurant business for the first time.
As I have no idea in this field would you tell me in details.
Bhaai chlra h ya band hogyaa
How many seater restaurant is it, what location, and what's the menu like all these things, a stainless steel fridge comes around 45000 min, licence isn't that expensive in Pune a shop act and a 1 yr food licence will cost u 2700, where will be the store room??? Not very helping sir, I run 2 restaurants in Pune and I cannot relate to this kind of costing, pos costs 15000 for basic accounting and billing, a PC would cost 8-10k of u find on olx
Its an Example to explain the workings. Everything differs as per the situation!
Can you make a video for 90 plus seater restaurant about capital needed and concept is hukka cafe (seperate room) with fine dinning.
.
This is one of the best video Bro for your suggestions to open own restaurant.
Thanks Husain, I'm Glad you likes the information!
Join my live workshop by Clicking here www.gopalkamath.academy/5daysclass if you want to know the secrets about opening your own food business!
Cheers,
Gopal Kamath
Too good sir I will definitely approach you one day
Go through my My Free Video Course On Restaurant Startup By Clicking Here bit.ly/3aHxdi0 . This will help you understand the Restaurant business better and enhance your food Business!
I am thinking about a new type of restaurants: eating-spots
in eating-spots, food keeps changing, chefs also rotate
this is opposed to current restaurants,
thanks to this rotation of food and chefs, eating-spots are more powerful than restaurants,
along with that, there is an app,
people vote for the food that will be cooked in the next days
menu is influenced by the live input of the people via an app
People thinking to start hotel buisness in mumbai within 8 lacs..please leave this dream this is impossible in mumbai..or go to other big cities..but not in mumbai..it is the costliest city in india..you shoul have 25 lacs ur budget..otherwise try in ...delhi bangalore chennai or calcutta..but not in mumbai...
It's an experimental Concept... has to be fine tuned once executed...
Check out my Restaurant Startup Coaching by clicking here www.gopalkamath.in,
Here you get access to me Live each week and can talk to me face to face alongwith my detailed Step by Step Video Course on Starting Any kind Of Food Business!
See you
Gopal Kamath
What about Outlet Interior expenses ?
Its called exterior .. there ia no word called outer interior
Thank you great information
Simple, short & sweet, need to watch you more... Just started thinking of something my own ... What will u suggest as option... Between Snacks center OR complete food menu restaurant??
Thanks for your comment! Go through my free Restaurant Startup Video Course... To Get Access to my Free Restaurant Startup Course Click Here bit.ly/3Hxi8NB
The Free Video Course Includes
- Step by Step video course to start your own restaurant.
- Lifetime Access to the course and all future updates.
- Many Bonuses.
Click bit.ly/3Hxi8NB to learn for Free!
Enjoy!
you should upgrade your computer budget only one side of earphone is audible
:)
😂
Deposit must be more than 1.5lac ! Also furniture costs much more than 1lakh for sure
It's a Sample Working Sheet... You can put figures according to your situation.
Hope that helps,
www.gopalkamath.in
Thanks & Really helpful
Most welcome.
Go through my My Free Video Course On Restaurant Startup By Clicking Here bit.ly/3aHxdi0 . This will help you understand the Restaurant business better and enhance your food Business!
Hi brother can I get a image or PDF format of kitchen set up which u drawn in right side board
Go through my My Free Video Course On Restaurant Startup By Clicking Here bit.ly/3aHxdi0 . This will help you understand the Restaurant business better and enhance your food Business!
really appreciable vedio i need your help how can I contact you u have page on fb or Instagram or any other way
Adarsh Singh Rathore You can email us at gopal.kamath@getyourrestaurant.com
i have couple of restaurants running..good imagination....not practical enough...deposit will be minimum 5lakhs...minimum investment will be around 10-12L....for a decent set up....running day to day operations is biggest challenge...setting up is not difficult...
thank for the input R.sadeesh!
Hi sadeesh Sir, I plan to open my own restaurant in 2-3 years. What suggestions or tips would you give to someone who is extremely new to this business?
I totally agree with u... deposit 50K is not at all possible. U need minimum 10L lakh to set up an small cafe
@@anihoneypeppy1 what tips would you give to a new comer
R.Sadeesh Chandra Kumar th-cam.com/video/S5HykY2NCYQ/w-d-xo.html
Professional business support in financial,marketing , operational services.
Expertise in credit repair , pricing, marketing , lead generation. Please follow the link and support
Nice video , perfect n good knowledge 👌👌
Glad you liked it.
Watch My Free Video Course On Restaurant Startup By Clicking Here bit.ly/3aHxdi0 . This will help you understand the Restaurant business better and enhance your food Business
Great learning video
We can sell beer in this
Considering some fools who just want to make a video without any knowledge i would say it was great to see your video as i learned few things .
By any chance you can drop your number or email here ?
Glad you liked it... I am available on gopal.kamath@getyourrestaurant.com
Awesome video bro
Thanks for sharing knowledge...
Your Welcome O.Hari kumar
Everyone plans but they totally forget that they need a washroom for staffs . Where should they go for nature's call?
Make them use Public Toilets nearby. Dont spend space or money on things that are not giving you an Return On Investment.
0:26 OK I AM GOING BYE BYE .
Nice info
Can u please make a video on opening a cafeteria in budget
No fast food only tea n coffee sort of
Thanks buddy helpful information
Your welcome
50,000 me to factory ka license mil jata hai
Exactly, 500 mein food license ata ha, ping me if any requirement. Kuch bhi bol rha hai ye banda. Itna research toh koi bhi apne area mein 1 din mein kr sakta hai. This doesn't mean ki anyone can open a restaurant business and could run it successfully.
As a branding and marketing expert, I can say 1L is not enough
People thinking to start hotel buisness in mumbai within 8 lacs..please leave this dream this is impossible in mumbai..or go to other big cities..but not in mumbai..it is the costliest city in india..you shoul have 25 lacs ur budget..otherwise try in ...delhi bangalore chennai or calcutta..but not in mumbai...
Sir please can you tell about small restaurant settings like. 8×10 sqft.... Area
I really lovet sir i am trying to do this thankyou sir god blass you sir
So nice of you Lalita Prakashji!
Do Check out my Restaurant Startup Coaching by clicking here www.gopalkamath.in,
Here you get access to me Live each week and can talk to me face to face alongwith my detailed Step by Step Video Course on Starting Any kind Of Food Business!
See you
Gopal Kamath
Correction!!!
Licensing cost 1000/- FSSAI
+ cutlery 35,000-50,000
+Disposables max 15000/-
+ Interior / false ceilings / lighting 1.25- 2.0 lakh
+ 55’ inch TV 📺 35,000
Total experience to start hotel 2500000 you don't have any idea about hotel
Arun Dharwad depends on the size of Restaurant and the type....A fine dine restaurant of 4000 sq.ft in mumbai required 2 Crore rupees to start....
Arun Dharwad take it as a case study and learn from it , you can put your own figures as the formula will remain the same!
Good information.
Very nice video