Opening a Pizzeria
Hi all I am think ing about opening a wood fired brick oven pizzeria. The town I wanted to open in is about 2.5 hours away from where I live and has a larger population that i think will support such a pizzeria. Some have suggested that I start smaller and open in my town and if it goes well then go big with it to the banks for financing. I do have the capital and investors for the small operation I am just not sure of our town, or have i found a location that I am really excited about. i have a friend who owns a few places in Atlanta and as he says location location location is key and I agree plus I believe I have a better product than anyone else in the city.
I have done my business plan and put together all the financials, I'm even heading over to Italy to work with some of the pizza people there next month. Just undecided if I should go BIG and open up in the bigger city or start smaller and stay at home.
The cost to open big about 225,000 cost to start small about 85,000. I would have to have two homes as my family would not move til we are established plus she has 3 years to go before retirement so she would have to stay behind to finish work.
Any thoughts?
thanks
Cliff