How do you calculate utility cost for a restaurant?

How do you calculate utility cost for a restaurant?

To get an accurate estimate on how much your restaurant will spend on utilities, you’ll need to know the approximate square footage of your space. The average restaurant utilities cost in the U.S. includes $2.90 per square foot per year on electricity, and $0.85 per square foot/year on natural gas.

How much utilities cost for a restaurant?

In general, restaurant utilities normally cost $3.75 per square foot annually. With the average restaurant being around 4,000 square feet, a restaurant owner can expect to pay over $1,000 per month on gas and electricity.

What utilities are needed for a restaurant?

How Much Electricity Does a Restaurant Use per Month? Utilities such as water, phone and internet access should be relatively fixed costs over time. Your time is better spent examining more variable utilities such as electricity use, which rises and falls depending on seasonal needs, air conditioning, and heating.

What is the average square footage of a restaurant?

Full Service Restaurant Dining: 12–15 Square Feet. Counter Service: 18–20 Square Feet. Fast Food Minimum: 11–14 Square Feet. Table Service, Hotel/Club: 15–18 Square Feet.

How much does electricity cost for small business?

As of October 2017, the average fixed supply charge for Australian SME electricity customers is $425 per annum. SME customers in NSW, Victoria, the ACT and Queensland, however, pay more than that and NSW has the highest average fixed supply charge at $615 per annum.

What is the average occupancy rate of a restaurant?

Calculating Occupant Load for Restaurants The average recommended space to allow for a full service restaurant is 12 to 15 square feet per person; for fine dining, allow 18 to 20 square feet per person, according to an article about restaurant layouts on dimensions.com.

Is 2000 square feet enough for a restaurant?

The general seating guidelines that should be observed are: Fine Dining: 18–20 Square Feet. Full Service Restaurant Dining: 12–15 Square Feet. Counter Service: 18–20 Square Feet. Fast Food Minimum: 11–14 Square Feet.

What is the best size for a restaurant?

How big should a restaurant dining area be?

• Fine Dining: 18-20 square feet.
• Full-Service Restaurant Dining: 12-15 square feet.
• Counter Service: 18-20 square feet.
• Fast Food: 11-14 square feet.
• ‏Banquet: 10-11 square feet.

How much electricity does the average business use?

In 2019, the average monthly energy consumption for commercial properties in the United States was 6,066 kilowatt-hours (kWh).

How much does the average business spend on electricity?

The answer: The average cost of utilities for commercial buildings is $2.10 per square foot. Other interesting facts related to how much utilities cost for a business: The total electricity expense for private-sector office buildings in 2016 was $1.69 per square foot.

How to calculate price per square foot for commercial?

Often for commercial jobs its necessary to hire specialists to do certain work. Add together the total cost of supplies, labor, permits, overhead costs and profit margin. Divide the total by the number of square feet. The result is the price per square foot.

How much does it cost to outfit a building?

Outfitting is essentially adding the finishing touches to the building after the initial construction phase is completed. Average costs and aspects of outfitting include: Signs: Indoor signage installation averages around $0.93 per square foot, while outdoor signage installation averages $1.43 per square foot.

How much does it cost to build a retail store?

Tenant build-outs that include retail stores, convenience stores, and shopping malls averaged out to $56.53 per square foot. This cost included interior work on the drywall, ceiling, paint, flooring, and stairs, but does not include installing fixtures or appliances in the building.

How much does an electrician make a year?

If the numbers are vastly different, go through the pricing again to make sure the amount is correct. Electricians earned a median annual salary of $52,720 in 2016, according to the U.S. Bureau of Labor Statistics. On the low end, electricians earned a 25th percentile salary of $39,570, meaning 75 percent earned more than this amount.