Ideally, you may find an existing restaurant for sale which has
equipment already in place (walk-in cooler, fryers, hood, etc.) then it
is just a matter of remodeling. Usually a compromise in the design is
required so you may not end up with the most efficient layout.
A rough estimate for starting from scratch with an existing empty
building and hiring a contractor to build it out, then adding
equipment, signs and menu boards, etc., is $150,000 (plus the
$18,000 for the license), but there are many variables that can make
it more or less than this. Some municipalities require new
restaurants to have a grease trap, a septic-tank-like reservoir which is
buried in the ground at the sewage inlet, this may add to costs.
equipment already in place (walk-in cooler, fryers, hood, etc.) then it
is just a matter of remodeling. Usually a compromise in the design is
required so you may not end up with the most efficient layout.
A rough estimate for starting from scratch with an existing empty
building and hiring a contractor to build it out, then adding
equipment, signs and menu boards, etc., is $150,000 (plus the
$18,000 for the license), but there are many variables that can make
it more or less than this. Some municipalities require new
restaurants to have a grease trap, a septic-tank-like reservoir which is
buried in the ground at the sewage inlet, this may add to costs.
Individual License
If you are interested in opening an individual LFC store,
you probably have an idea about the area you want to locate it in;
you know your community best so you probably know where to look
for an available space. In terms of the size of a space to look for,
most LFC stores run between 900 and 1500 square feet depending on
whether it has table seating or is strictly take-out. Leases generally
run between $2.00 and $3.50 per square foot depending on the
demographics of the area and the age of the building. Free-standing
buildings (especially drive-thru) do the best, yet end-caps with good
exposure also do well, so this is what you want to look for.
If you are interested in opening an individual LFC store,
you probably have an idea about the area you want to locate it in;
you know your community best so you probably know where to look
for an available space. In terms of the size of a space to look for,
most LFC stores run between 900 and 1500 square feet depending on
whether it has table seating or is strictly take-out. Leases generally
run between $2.00 and $3.50 per square foot depending on the
demographics of the area and the age of the building. Free-standing
buildings (especially drive-thru) do the best, yet end-caps with good
exposure also do well, so this is what you want to look for.
If you own suitable real estate, constructing a new
store from the ground up will cost upwards of
$250,000.
If you are interested in a turn-key business, contact
us and we will let you know if any of the LFC stores
are for sale.
store from the ground up will cost upwards of
$250,000.
If you are interested in a turn-key business, contact
us and we will let you know if any of the LFC stores
are for sale.
