Well, it’s not an easy question. I would advice you to set a business plan and count all the expenses you need to cover. Start from such details as a placement, consider a few different options and compare prices on rent. Then you need to buy all the equipment, hire people. Think if you need and advertisement because then it will be easier for people to get to know about your place. Don’t save on a quality service. If you just in the beginning of your way I would recommend to hire an expert who would help you to make a business plan and count all the expenses. If you’re going to apply for a loan or personal online loan in Canada then understand all the risks and try to protect your business from a fail.
The amount required to open a restaurant can vary depending upon many factors including the type of restaurant, the location, the facility preparation required and more.
The best way to identify your specific requirements is through the development of a concept business plan.
If you would like to discuss your situation, feel free to drop me a PM or contact me directly.