How to get restaurant fit out cost prior to owning a shop

[Zuber Ali]

Hi all,

I am trying to determine how I can get a rough cost for a restaurant fit out.

I know how I want the restaurant to look and can provide pictures of a very similar restaurants to shopfitters. The premises I'm looking for would be approx 700 square ft.

I have contacted a couple of shopfitters and have been told I would need to have the premises and provide architectural drawings before they can provide a quote.

What I don't seem to understand is how can i determine if i have the finances to fund a project, or if it's even feasible if I can only get a quote once the shop has been bought/leased. Logically to me I would have thought u would know how much money you need prior to completing leases, particularly as a shop fit out is quite a large portion of the initial investment and prices can vary significantly.

Is there some way I can get a somewhat accurate figure prior to getting knee deep into the project.

Cheers for any help

Edit- I've received ballpark quotes but they vary widely anything from 50k to 150k and I suspect this is far higher finish than what I require , I'm trying to determine how I can get something a little more accurate. I appreciate I'm not going to get an exact figure but at least with 5k-10k off what the actual figure would be

 

[menetworkjadaltd]

You could ask for ball park average figures but you can't ask for an accurate quote for something that doesn't exist.

 

[Scalloway]

All the builders I know are very practical people. They don't deal in ideas. Find a unit and get some rough drawings done. The more you can quantify the more accurate the quote.

 

[Nord20]

As above - find a property you are interested in and get the fitters to take a look before you sign the lease.

As for £150K being a higher finish than you think you need....bear in mind that whatever plan you make and budget you come up, double it and you'll be closer to the mark

 

[menetworkjadaltd]

If memory serves correct, you also need to bear in mind the proper unit types (classifications). If a premises has not been used as a restaurant before, you will need to check it can be

 

[billmccallum1957]

700 sq ft sounds more like a takeaway rather than a restaurant.

For kitchen equipment and furniture you can get guide prices from Ebay

http://www.ebay.co.uk/sch/i.html?_f...S0&_nkw=commercial+kitchen+equipment&_sacat=0

http://www.ebay.co.uk/sch/i.html?_f...Xrestu.TRS0&_nkw=resturant+furniture&_sacat=0

http://www.ebay.co.uk/sch/i.html?_o...looring.TRS0&_nkw=resturant+flooring&_sacat=0

 

[Mark T Jones]

First question - can your break out the actual equipment needed for the 'fit out' ellement. Equipment is a more quantifiable cost and will give you a sound base

Have you identified what quality and what themes you are going for?

From experience £50K for a take away/restaurant does seem to be at the low end, but there really are a lot of variables!