Business-Hospitality43 Comments

Restaurant business is one business that has been creating millionaires in Nigeria for decades. They will always be the need for places to eat out. You can take advantage of this opportunity and start your own restaurant business in Nigeria today. A good local restaurant like the one I am about to explain make about N20,000 daily as pure profit. Multiply that by 30 and you will get N600,000.

Now, let’s get down to the business of the day – One business that strikes my attention really good today is Small scale Restaurant Business. I find so much interest in the restaurant business because it’s a sure money maker, anyone who wants to make quick money shouldn’t look elsewhere. The sky is your limit in this business provided you take your restaurant business serious and treat your customers well with good food.

SEE ALSO: How To Start Hotel Business On Small Scale And Expand To Star Hotel

Small Scale Restaurant is very easy to start and low capital intensive. It can even go together with Beer Parlour business but I prefer it as a stand-alone business because, not everyone is comfortable eating in a beer parlour. Being one of the few businesses that is not affected by any economic meltdown – People must eat no matter how poor they are, no matter the situation they are, even if unemployed. Anyone can eat even if it is with the last penny he or she can afford, that’s what make restaurant business very lucrative. I think serious investors should give it a serious look.

With less than N300,000 you can start a nice local restaurant and with good food, good business practice, and proper customer care – you will be making above N500,000 monthly! So, what are you waiting for?

This To Put In Place For Your Restaurant Business

To start your own restaurant business, there are certain things you need to consider and put in place. To ensure you are on the right track, and as a lover of good restaurant myself, I will be explaining some of the things you need to put in place to get you started smooth and easily.

1. Good Space For Your Restaurant

Everyone likes to enjoy his food in a spacious laid back environment. Make sure you get a place as nice as possible you can afford – In fact, your major investment should go into this. If it’s going be a shop, let it be the one with extended frontage so that you can build canopy to afford your customers more seating space.

SEE ALSO: How Hotel Business In Nigeria Is Lucrative And Booming

The cost of rent depends on the environment but I think you can get a nice place with N100,000. Go for the best you can afford any area where there is enough movement of people.

2. Furnish Your Restaurant

When it comes to restaurant, look is everything to me and I think it apply to most people out there too. I can hardly eat in a place that doesn’t look nice and so do many; make sure your restaurant is well furnished to taste. The quality of your food and the type of cook you are can be perceive through your restaurant furniture

The furniture may take about N150,000 depending on what you go for and your bargaining power. You can get a local carpenter who (with proper supervision) will do very good furniture at lower cost for you. I wouldn’t recommend plastic chairs and tables, it makes your restaurant look unorganized, cheap, and untidy. But if that’s what you can afford, then you go for it.

3.  Restaurant Utensils and Accessories

N50,000 will be able to take care of these, don’t buy something childish like plastic plates. Many people (including me) will reject the food no matter how good it looks if you serve it in plastic plates and spoon. Apart from the fact that they look cheap and childish, the tendency of dirt hiding somewhere and the plate being discolored is high.

Ceramic and Breakables are the preferred type you should go for and they are not very expensive. Feeding is a very sensitive thing and a lot of people don’t take what goes into their stomach lightly, it’s not just about filling the stomach, it’s about satisfaction, health, and enjoyment. While you make effort to prepare good foods for your customers, make sure you don’t ridicule your effort with cheap plates because, food look and taste better when served in a better plate.

4. Employ Good Cook

People will fall in love with your food if they are well cooked and taste great, make sure the Cook you intend to employ knows how to cook different types of meal very well. If you wants to do the cooking yourself, don’t just do it because you want to work hard and minimize expenses, do it because you can cook very well.  I wouldn’t waste my money twice in a bad restaurant!

SEE ALSO: How To Start Food Supply Business In Nigeria

Once you have these things I’ve mentioned in place, you’re good to go with your business and start making money like never before. Good luck as you make effort to start your dream business this year.

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  • Anonymous September 20, 2013

    Thank you so much..coming across your page has infused me with a new passion for life!

    Read this recently: ‘As for the journey of life; at some point, you will realize that you are the driver and you will drive!’

  • Emma gregor October 18, 2013

    Starting with the new restaurant business furnishings must be taken consideration seriously and I agree with the fact that plastic chairs and tables and unhealthy furniture makes your restaurant look unorganized, cheap, and untidy. People like to sit on the furniture and adore them if they look nice. I would prefer looking at furniture made from recycled wood and the flooring of Marri wood looks perfect in restaurant. Nice post indeed.

  • jeffrey November 27, 2013

    Appreciate this bro!

  • ify March 4, 2014

    I just stumbled on this I open mine @ end of dis month thanks so much
    U just generally broke it down for me so am just going to re-arrange my budget to ur format
    Thank u so much will keep u updated

  • Anonymous April 14, 2014

    Nice and encouraging write up.Getting the right cook(s) can be pretty difficult but its worth a try..thinking about other operating costs like power, water.. In Nigeria these 2 are important factors..

  • Anonymous August 12, 2014

    Thanks for this bro.its an open minded idea.

  • Vivien Charles February 6, 2015

    Thanks a lot for mentioning the plastic angle, I was about to get those colourful plastic chairs but actually prefer wooden furniture so your post came in handy. Thanks.

  • Anonymous March 5, 2015

    thanks so much for your post…. but can you give us an article of a business one can start with 200k?

  • Anonymous May 2, 2015

    Hi, you are quiet right! The food the restaurant biz is a very profitable venture, …. only if it is done right. Alot of the ideas you have proffered are helpful but also contradictory. I consider them insightful but also misleading. Anyone who reads your article might be inspired but if they ventured based on most of the assumptions you have made, they would realise that you are not the angel they thought you were. These ideas are luxurious and I dont see how one can start a restaurant with N300k (esp with the budget you have listed above) and still make N120k at the end of the, labour cost etc for a start up restaurant is about % 68 maybe mofe sef. It a far more daunting enterprise and even though the notion behind this article is commendable. Kudos n honor must be given to those bukas, food trucks, etc im sorry if I sound insensitive or brash…. many thanks for the opportunity 'Joe Adonis

  • Godseal Obende May 6, 2015

    It's great I come across this at this point but 300k isn't feasible if we are to go by your advice and plan. What you listed there will cost nothing less than 600k including power and cost of Labour.
    Your article is a good eye opener anyway and I must say "well done". Emmanuel Obende

  • Anonymous June 6, 2015

    Thanks a lot,this idea is more of what customers look out for… it was helpful.

  • abayomi January 23, 2016

    Always have this at the back of ur mind “start from small” if not scratch with 300k you good to go I just got a shop at San go n am starting small the uniqueness always makes the difference, starting with d colourful plastic chair is no bad idea, so no discouragement perfect breakdown God bless you Mr Emmanuel for that

    • Tolulope April 23, 2016

      I love this article @Darlinton and I love ur comment @ Abayomi, please if u don’t mind, can u pls share with us the pictures of ur newly set up restaurant.
      Thanks and God bless u and the work of ur hands @Darlinton and @Abayomi

  • Sola Akinwande February 11, 2016

    Never like those very light plastic chairs..easily disorganized. Stocky wooden tables with MDF plywood and chairs from teak wood (well polished) will give a wonderful scenery. Entertainment, neatness can be crowd pullers.

    • Godson July 30, 2019

      you start from somewhere…….you will later grow to the point that you can easily get money to construct those furnitures

  • SOJ March 28, 2016

    i understand and accept that for every article, there must be some critiques as seen in the instance above Omeh has made his suggestion and advise and i believe this is visible. start small and allow it to grow. even if his estimation is not adding, the idea that restaurant business has been and will always be lucrative anywhere in the world cannot be underestimated. i am working on one at the moment and his article had added given more appetite

  • Okoye Emmanuel Chiemerie April 18, 2016

    Thanks a lot! I had wanted to start with plastic seats and tables but thanks to your article, I guess I have to think twice about that. But what about those wonderful seats not wooden used in high class restuarants, those should I say Iron-ceramic seats, (to be honest don’t know there classification or name) I kinda like that you know, they look soothing with the floor tiles. But you didn’t say anything about the counter or shouldn’t there be a counter?

  • Okoye Emmanuel Chiemerie April 18, 2016

    Thanks a lot. Though I wouldn’t take into consideration the amount you stated which looks absurd but your article was helpful. But what about using that kind of seats in the picture you posted? Wouldn’t that be nice? It really soothes the tiled floor. And what’s you thought about a mixture of that seat with the wooden funiture? I would like to consider it.

  • Gift Amos April 25, 2016

    Thanks for this information online. You saved a whole family from doing it wrongly.

  • Dio Matthew July 24, 2016

    Awesome article…..I gotthis information at the right time. I am at the verge og starting a restaurant business in one of the nigerian higher institutio.

    I’m gonna employ the information above as a guide to my business….Thanks alot.

  • MurphyAve September 30, 2016

    Awesome opportunity thanks so much. Mr Omeh
    Looking forward to start my owned restaurant business. Hoping to grow to a standard that I will be able to invest in
    Thanks so much more. GRACE SiR!!

  • Kelechi August 11, 2017

    Thanks for this.. I’m scheming to start mine at the moment with 600k

  • Elizabeth September 27, 2017

    This is an eye opening post.

  • Peace Maduabugichi November 29, 2017

    Please can you just show us the example of chair you are talking about.

  • Giftnaija March 3, 2018

    Nice one, you are trying bro, check please

  • Philip March 12, 2018

    Thank you for the information. I’m launching my own canteen at my University this year. still crafting the plan.

  • Tanvi Ratadiya March 15, 2018

    Nice information. You have explained needy things that are must for becoming a successful owner of a restaurant business.

  • Queen March 29, 2018

    Woo I love everything about this page

  • Deman March 31, 2018

    Thanks for the information

  • Kalu George April 5, 2018

    Wow! This is really interesting and educating. No time to waste. Thanks

  • Akande Fehintola April 23, 2018

    Very educative, am just bless with this.

  • Amaka Okolie May 3, 2018

    Thanks I have Been trying to do this for a long time u just gave me a push

  • Abass May 23, 2018

    Are there people who one can engage to revamp and boost up an ailing restaurant business? Professionals who know how to turn around a small restaurant business and make it profitable

  • Candyman May 30, 2018

    thanks abunch sir for this push..

    I hv just a plan for starting this in the nearest future but am always afraid of where and how to start..

    this ur write up is just a nice push..

    If you don’t mind, could you pls create a group, in one of the social media platforms, say Whatsap or Facebook where we can consult you subsequently?

    thanks once again

  • Pat August 16, 2018

    Great Article. I am planning to start this in my location soon.

  • Frank December 20, 2018

    Both the article and the comments are VERY VERY useful for me.
    Thank you Darlington Omeh and those whose critical views add to
    the content.

  • Nelo May 2, 2019

    Am so happy to stumble on this post. I have always dream about owing a restaurant in the future but worried as I dont know how to go about it. I just decided today to write down my plans and lo I stumbled on your post. Infact i wrote down almost all you said here. Am super happy now and more encouraged to go into it. I have passion for cooking and I cook well too. God bless you sir.

  • Anthonette July 16, 2019

    Very useful information, great article.
    Came at the time i need it.

  • Rachy April 19, 2020

    I’m happy I came across this wonderful piece. I’m relocating to Lagos with this food business in mind. I can raise 600 to 700,000# and I dont know how to locate a good spot. I left Lagos for marriage and remained in Delta for almost 15yrs. Alot must have changed in Lagos. Pls what us the likely cost of renting a store in a low cost/middle cost area, then I build an attache at the front decently? Also, which markets sells foodstuff cheaply there?
    What’s your advise for a starter like me? Starting with a small quantity like 1 or 2 painter of rice? Or should I print handfliers first to let people around there know what’s coming new in the area? Pls help me.

  • Ernest May 2, 2020

    You may have to stretch your budget beyond 300k or maybe it’s a buka, so it depends on what you plan on may need to repaint the shop, maybe buy a fan,a carpet,pay staff, settle taskforce in some areas,buy the food stuffs you want to cook and so on and so forth.

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