Location: San Marcos, CA
Type: Restaurant
Size: 1,400sf
Budget: $244,000
restaurant remodel
The Cost of Cheaper
When it comes down to it, you could probably make a burger yourself. But you’re willing to pay a premium: a small markup for convenience if you find you’re suddenly ravenous while out running errands, a bigger markup for an experience to wow your date. If you’re having a restaurant built, on the other hand, that’s an expert job you likely can’t perform alone.
Construction Existentialism: Why Must it Cost So Much (for So Little)?
The common perception among buyers embarking on a construction project is: “Why does it cost so much more than I expected?” If you’ve asked yourself this, whether or not you were star-gazing at the time, you’re not alone in the universe.
Evaluating Hidden Costs on Your Commercial Property
Drawing on our team’s experience, here are some of the least obvious but most prevalent examples of hidden costs of commercial property acquisition.
Open Your Restaurant Under $200K
If you don’t have to build a kitchen from scratch, a budget of $200k can go a long way to cover upgrades to the dining area, equipment purchases, and Building Department and Health Department fees.
