$55 billion
Market Size
45,000+
Restaurants
3,800+
New/Year
$950,000/year
Avg Revenue
1.1 million
Employed
1 per 490 residents
Per Capita
Estimated investment ranges based on restaurant size and concept (in USD)
$140,000 - $320,000
Small cafe or quick-service (under 30 seats)
$320,000 - $700,000
Casual dining restaurant (30-80 seats)
$700,000 - $2,000,000
Fine dining or large venue (80+ seats)
Essential permits you'll need to legally operate a restaurant in Florida
State license required for all public food service
Authority: FL DBPR
Local business license from city/county
Authority: City/County Tax Collector
At least one certified manager required
Authority: DBPR Approved Providers
2COP (beer/wine) or 4COP (full liquor)
Authority: FL Division of Alcoholic Beverages
Florida sales tax certificate
Authority: FL Dept of Revenue
Sales Tax
6% state + up to 2.5% local (8.5% max)
State Income/Corporate Tax
No state income tax
Local Taxes
Tourist development tax in some areas
Tip Credit
$8.98/hour allowed (min cash wage $4.02)
Important compliance requirements for restaurant operators
Government and industry resources to help you get started