Thanks for all the insight thus far. Definitely going to scale toward my location. Store fronts around here are relatively cheap. Also the city I’m in is offering loans and grants for renovation and fixtures, which I have full intent on taking advantage of. That would increase my budget by $45k.
Decidion:
I think that has to be tempered to your market as well. I could spend $100K and buy the very best equipment around, but in a small town like we are in, there are only so many dollars to go around.
I would suggest buy the best you can, but don’t overbuy for your market.
Yes, this is really good advice
brad randall:
Are you wanting a wood-fired oven set up like in Una Pizza Napoletana or are you willing to start with a used two-deck Blodgett pizza oven?
Wood burning likely jumping on the Stefano Ferarra bandwagon. This would likely be the only new purchase/ splurge
brad randall:
Is used okay for the mixer, refrigeration and other kitchen wares?
Will a cobbled together mix of mismatched tables and chairs do?
What about the plates and silverware - all new and uniform or a few different sets from auctions?
Used all around, mixed and matched is just fine. Also considering building the furniture myself.
brad randall:
How do you plan to decorate the dining room?
Quite minimally at first, with money focused on a few key elements.
brad randall:
Do you have experience running a restaurant?
Nope, and yes, I understand this will cost me. I have worked in restaurants, just have never run them.
Rick G:
For the dollars you mention you will have to find something similar, and either know what you are doing or have a very skilled mentor willing to take the time to make sure you learn. Every mistake eats dollars, things going wrong on their own eats dollars. We had a reserve available if needed, if you don’t have a reserve a few mistakes and problems could be fatal to your business.
Rick
Yeah, I’ve run a couple businesses in the past and understand the value of great mentors and the cost of novice. I’ve got myself, quite luckily, a really really good mentor and I’m doing as much homework as I can to lessen his education burden.
deaconvolker:
I source used gear for over 2 years and stashed it in my garage in hopes of getting my place started. When our whole concept turned upside down, the dream grew…but with it, the necessary budget as well.
Those are good points, I’ve been told to expect to pay at least double my estimated need for start-up. I’m interested in hearing more about your original concept and how that compares to what you eventually did.
I’ve been trolling ebay and craigslist and I’ve found some decent pieces of equipment but haven’t purchased anything yet.