Restaurant business in Canada | Complete guide |

Описание к видео Restaurant business in Canada | Complete guide |

In this video, I ask a successful restaurateur questions about his fast food restaurant Mary Brown's from the cost to set it up, to monthly expenses, royalties, number of employees required and other questions.

Here are the key questions discussed in the video:
00:00 Introduction
00:42 How did you start your first food business in Canada?
02:12 Why did you venture into the fast food business?
02:47 What is the interview process with franchiser?
03:14 Why did you open a Mary Brown's franchise instead of others?
03:53 How much investment is required?
05:05 What is the breakdown of the investment?
07:05 What is the franchise fee used for?
07:38 How long does it take to complete the process of opening a restaurant?
09:12 What is the duration of the building lease?
12:40 Which recurring costs do you have to incur ?
14:00 How much can the lease be?
15:11 What do you start hiring?
16:00 How many employees do you need for a Mary Brown's? What are their roles and yours?
18:56 Do you need to do your own marketing for your Mary Brown's franchise?
20:37 How much time do you need to dedicate to your restaurant business?
22:33 What is the amount of sales required to reach break-even?
23:00 What percentage of royalties do you have to pay Mary Brown's?
24:13 Which licenses do you need for your restaurant business?
27:38 What are the pros and cons of a franchise business vs starting your own brand?
29:59 How long did it take you to open your second Mary Brown's restaurant?
30:42 More tips for future restaurant owners



Thanks for watching the video.

👋🏼 My name is Rashid Ali. I love to learn how to make our lives and the lives of those around us better, and I share all that with you here. Let's help each other grow, so stay in touch.

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