HOW MUCH CAPITAL DO I NEED TO OPEN A CRABBY JOE’S RESTAURANT?
The total investment required will vary by location, but is estimated to be approximately $570,000 – $765,000 for a turnkey operation. Approximately $350,000 is cash equity, with the balance being financed through other sources including banks, landlord construction allowances, etc. In addition to this you will be required to have $50,000 – $75,000 to cover opening soft costs (inventories, utility deposits and operating capital).
