Restaurant Business Plan in Nigeria PDF / Feasibility Study

Fast Food Restaurant Business Plan in Nigeria PDF / Feasibility Study

A Fast food restaurant business is a place where food, snacks drinks are sold, its one of the most profitable business not just in Nigeria but the world at large. Its not affected by the economic conditions because people will always eat when they are hungry.

Food is one of the basic things in life, we all need food to survive but having a restaurant business is more than just serving food, its about serving a well prepared, well served food in a good environment and healthy environment.

Everyone wants to go out to a good restaurant, friends, colleagues, husband, wife etc so having a good restaurant where well prepared meals are being served is the key to retaining your customers.

Nowadays investing in restaurant business is one of the best things to do but one thing you must note is that its a business of service than product, the satisfaction of your customers is your utmost priority and non-negotiable.

Starting a restaurant business has nothing to do with how well you can cook, so if you are thinking of going into this business because of how well you can cook you are already missing the mark, you can run one of the best restaurant business in your town whether you have a little or no experience in cooking all you are required to do is get a good restaurant business plan that will help you plan and prepare for the business.

Before you start a restaurant business you have to bear in mind the kinds of restaurant you want to have, the kind of restaurant relates to the social status of the customers you intend to attract to your restaurant. One important thing to do is to study your location and the environment of your business so as to get the desired result.

Processes and Cost of Starting a Restaurant Business in Nigeria.

Are you planning on starting a restaurant business in Nigeria?

There are certain things you must take cognizance of. To be honest, starting a restaurant business can be stressful, it is one of the most stressful businesses you can do that is if you are directly involved but it is worth it. The business is also one of the most lucrative not just in the world at large but also here in Nigeria and offers tangible profit.
Getting the right estimate of the capital that you will need to start a restaurant business can be a little difficult. The reason is that there are lots of varying factors involved in estimating the prices of the equipment needed for this business. This is largely dependent on the scale of the restaurant business you are considering, whether it is a small or large scale restaurant business. You can start a restaurant business in Nigeria with about N1,000, 000 or less this depends on the kind of customers you want to attract to your business, the more capital the more customers you attract from different walks of life. If you starting on a small scale from the amount mentioned above you can start although you are likely going to spend more, but it gives you a safe ground to start with. Let us take a look at the breakdown of the processes involved and rough estimate of starting a restaurant in Nigeria today.

Determine the Type of Restaurant You Want

This is very important because planning on the type of restaurant you want to start will determine the amount of capital you would need. There are different types of restaurants and it is important you decide on the one your target customers are. So whether it’s a fast food restaurant, casual dining restaurant, fine dining restaurant, a quick service restaurant, or an ethnic restaurant. One of the most important factors to consider when going into restaurant business is your location because your location can affect the type of customers and pulls the largest target market.

Kinds of Restaurant Business in Nigeria

1. Fast Food Restaurants – This is one of the most popular restaurant business in Nigeria and its very lucrative. We are in the 21st century so every body is looking for a fast way to do things. In a fast food restaurant food like fries, chicken, burgers, chips, drinks etc are served. Customers can eat in, take out or there could also be a delivery service.

2. African/Traditional Restaurants – This is also a popular restaurant in Nigeria where all sorts of local delicacies are served. Nigeria is blessed with different ethnic group and this folks have their local delicacies and this type of restaurant are where you get them.

3. Fine Dining Restaurants – This are high class restaurants for the top people in the society. In this type of restaurants they have what is called courses like 3 courses meal or 5 courses meal.

4. Casual Dining Restaurants – This type of restaurants is an organized place where food are served in no particular order. The environment is very peaceful and relaxed.

Cost of Starting a Restaurant Business in Nigeria

The cost of starting a restaurant business varies, it depends on the kind and class of restaurant you want to set up. Your location is a huge factor in this business. Below are the things you need to start up a standard restaurant.

Gas cooker, refrigerator, microwave, deep freezer, generator, furniture, cooking utensils, air conditioner, television, POS, automatic cashier system. This is dependent on the kind and class of restaurant you want to have.

To set up and run a successful restaurant business in Nigeria, you would need to plan for it and this is why its advisable to get a well detailed Restaurant business plan in Nigeria to help you. This business plan will serve as a guild in the initial stage and will also continue to control the way you run the business.

Write a Business Plan
Getting a comprehensive and detailed restaurant business plan can help you get capital for the business. This is one of the major things we do on this website, if you don’t have the capital to start the restaurant business yet, you can raise funds to start the business. It is always good to have a rough estimation of the capital so as to know how much you need to start the restaurant business as not to get stock. Business plans are like roadmaps for the business, it helps you organize your plans in the simplest of order. Business plan can attract investors to invest in your business, it can also get access to loan facility when raising funds for your business. A good restaurant business plan should highlight how you intend running the restaurant business, who your target market are, how you intend setting up the business and lots more relevant information.

Restaurant business plan in Nigeria covers the following aspects:

Executive Summary
Business Description
Products and Services
Market Analysis
Competitor Analysis
Sales and Marketing Plan
Operational Plan
Management Team
Financial Plan and Projections

Our sample Restaurant Business Plan In Nigeria can be used to access bank loans, proposal writing and grant applications. The business plan was complied after a thorough feasibility study on Restaurant Business In Nigeria was done.

Hurry now, GET YOUR FAST FOOD RESTAURANT BUSINESS PLAN IN NIGERIA. To place an order, pay N10,000 to

GTBank (Guaranty Trust Bank)
Account Name – Uwadia Eyemeka
Account No – 0127561472

After paying for your Restaurant Business Plan In Nigeria & Feasibility Study, send your email and payment details to 07036785443.

 

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