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Running a Restaurant/setting up restaurant

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Question
sir,i want to open new family restaurant.i own nearly two acres of land on national highway which is road touch.i can build the retaurant on my own and want management contract with some agency or restaurant who can handel day to day operations and management and give me revenue share.
Can u please tell me to whome should i contact for management contract to run my restaurant.the name and contact of such agenciesor restaurants who will sign management contract with my restaurants.my land is very road touch to the national highway in class three city whose population is around 1 and half lakhs. Thank u sir. Pl reply urgently.
Regards
rana.

Answer
Rana,

You have stated that
1. You have the money to invest in restaurant
2. You have a location
3. You do not know how to run a restaurant

From the above its not clear whether
1.You want to be a developer and want restaurants to open there
2. you want to get into the restaurant business

The most important question is if a restaurant is feasible there irrespective of who invests. So have you done a feasibility study.

There are two kinds of franchise models FOFO- franchisee Owned & franchisee Operated Model and Franchise Owned and Company Operated Model. You seem to be interested in the latter.
Goto franchise based site like franchise india etc and see the range of restaurant options that exist. Invite them to evaluate the space and commercials. Insist on FOCO model. Perhaps they can sink their teeth by investing with you. Irrespective, of their claims you need to do your own due diligence.

Prima facie an indian vegetarian restaurant like Haldirams etc would work. Alternatively, you can build a complex which can be a home to a dozen of restaurants of various sizes.
This would depend if the space has transient traffic going through it.

Hope this gets you started.  

Running a Restaurant

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Sartaj Bedi

Expertise

I am the founder of Mango Kurry. I can answer questions on restaurant operations, marketing, restaurant capital budget, pricing for profit, control systems, quality, haccp, restaurant startup, restaurant design and a lot more. Please do visit our website www.mangokurry.in

Experience

I am a free lance consultant and have about 15 years experience in the hospitality business. I have worked in various positions in the hotel and restaurant environment. As a consultant I have designed kitchen and have done restaurant operational audits. I have worked on projects on menu engineering, kitchen design, menu development, costing.

Organizations
Currently, I am General Manager of Out Of The Blue, Mumbai

Education/Credentials
BA Hotel Management Huddersfield Univerysity, IIHM Aurangabad Diploma in Hotel Managment IIHM Aurangabad

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