Merged: Opening a business in Poland. How much for shops or restaurant renting in Warsaw centrum?
Hello Guys
I want to do some business here in Warsaw, opening a small restaurant , how much the renting in centrum Area or somewhere near to it ?!
Do you have any experience in owning and operating gastronomic establishments? Do you have sufficient liquid capital to invest in the business and live off for the two or three or five years before the restaurant starts turning a profit? Do you have a cheap source of labor (read: family members) that are willing to work 12 to 16 hours a day, day after day, for years on end? If not, the restaurant business is probably not for you, especially in a highly competitive environment like central Warsaw.
As for retail shops, that is even more competitive.