Vegetarian Restaurant
Startup Costs: $10,000 - $50,000
Franchises Available? No
Online Operation? No
There are an estimated 20 million American adults who are vegetarians, and this fact creates an excellent opportunity for the budding restaurateur who'd like to start a vegetarian restaurant. Like any restaurant business, conducting a market survey in the area where the restaurant will be established can help indicate consumer demand. Many vegetarian restaurants also sell food products as well as vegetarian cookbooks, and this can be a terrific way to increase profits. Furthermore, also seek opportunities for a lunch delivery service to offices and homes, as this can also be a way to bolster sales. As a rule of thumb, most restaurants operate on a 40-40-20 percent basis, meaning 40 percent of the revenue covers food and consumable costs, 40 percent of revenue covers operating and overhead costs, and 20 percent of revenue is left as the pretax gross profit.
Vegetarian Restaurant Ideas
Sandwich Delivery Route
Cater to busy office workers with a sandwich delivery route.
Farmers' Market
Feed into the organic trend by organizing a farmers' market in your community.
Farmer's Market
Feed into the organic market by organizing a favorite business in the community.
More from Business Ideas
They Started a Home-Based Side Hustle Earning Up to $20,000 a Month — and It's Still Growing: 'Will Never Get Old'
TALEA Beer Co. co-founders LeAnn Darland and Tara Hankinson wanted to replicate the experiential appeal of a winery with their own brewery.
This Ex-CIA Officer's Near-Death Experience Inspired Her to Start a Business That's Earning Over 8 Figures a Year: 'I Have a Higher Risk Tolerance Than Most'
Emily Hikade, founder and CEO of luxury sleepwear and home company Petite Plume, had an unconventional path to entrepreneurship.
Retirees Are Raking in Billions With These 4 Side Hustles: 'There's No Age Limit to Innovation'
Most Americans plan to work part-time in retirement — and the opportunities are endless.