What's the profitability of getting into the restaurant industry?
June 26, 2008 11:27 AM Subscribe
What is the profitability of a small restaurant?
posted by CWitt to work & money (28 answers total) 9 users marked this as a favorite
I'm a young entrepreneur graduating soon from college and can not bring myself to getting a 9 to 5. I want to be self-employed and I know that I will be successful. I think the first step is entering a business that I know will make me some residual income.
I've become very interested in owning a small restaurant. I cannot decide if the restaurant industry is for me or not, but I think I could succeed. I could obviously start my own local cafe or something, but I'm worried of the risks. I quick fix could be to open a Subway or Quizno's franchise (something with a low franchise fee), but I don't know if they are very profitable. Does anyone own a franchise restaurant or regular restaurant that could offer some rough figures to get me going in the right direction?