How to finance the opening of his restaurant?

Updated on December 07, 2022

The financing as always constitutes the nerve of the war, without this one, impossible to carry out your projects. That's why we propose here, several methods of financing in order to concretize your desire to open your own establishment

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The bank loan

To obtain a loan from the bank,your business planwill be your best ally. Indeed, you will have to justify solid guarantees and demonstrate the profitability of your future restaurant. The more innovative your concept will be, the less hesitant the banks will be. It is also important to know that banks appreciate it if one of the partners comes from the restaurant business or has been trained in this field. This gives you more credibility.

Crowdfunding (or participative financing)

It can take the form of a loan between individuals (with or without interest), a participation or a donation. Crowdfunding platforms such asUlule,Octoberor KissKissBankBankoffer investment levels. This will allow you to set counterparties according to these levels. We also advise you to take a look at the MiiMOSA platform , the first participative financing site for agriculture and food.

Love money

Love money is money donated by your family and friends in exchange for becoming shareholders. In general, the objective of this investment is based more on emotional reasons than on the desire to make a profit. The love money can be used at the time of the constitution of the capital or at the time of the increase of capital. In the first case, it can bring credibility to the presentation of the project to potential investors outside the close circle. Indeed, it shows that you have already succeeded in convincing them of the solidity of your project and that they believe in you.

Grants and subsidies

The public authorities can help you in the creation of your restaurant. Among them: Nacre, Arce, Cape. You will find all the information you need about eligibility on the AFE creation website.

The partners

There is also the possibility of becoming an associate. This allows you to share the investments of both parties. If you choose this option, be sure to define the roles and responsibilities of the parties involved.

Les Grappes' advice: To finance your equipment, you can opt for leasing, which allows you to benefit from the restaurant equipment without owning it.

Need support?

Les GrappesMiiMOSA, the French leader in the distribution of wines directly from the winemakers to professionals, facilitates the purchase of wine directly from the winemakers. Les Grappes centralizes the orders of more than 1,200 winegrowers with a single point of contact, from ordering to billing. We accompany cafés, hotels, restaurants, wine cellars in their choice of wines, but also in the realization of customized wine lists! According to your project, your tastes and your budget, we help you to choose the best wines in short circuit. To be put in contact with our team,click here!