Nov 12, 2024 App Development
How Much Does It Cost To Build A Restaurant Management App?
Nov 12, 2024 App Development
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Nov 12, 2024 App Development / Neha Joshi
So how much does it cost to build a restaurant management app? If it is roughly estimated, the average cost to create a simple restaurant management app falls between $15,000 to $20,000+. While moderate to advanced app versions can range between $20,000 to $45,000+. Wondering why there is a huge gap between these estimations?
Well, many factors can impact the overall cost of the app development. All thanks to emerging technologies that have given food delivery services a new turn. From managing employees and maintaining an entire kitchen to handling orders, a well-developed app can automate every task.
If there is any industry that has witnessed a boom after COVID-19- that’s only the food industry skytouching. The way smartphone users are growing and expected to reach 7.4 billion by 2025, restaurants can take full advantage of a dedicated restaurant management app.
If you are running a restaurant and looking for ways to generate revenue and manage operations without any hassle, then investing in a restaurant management app is a worthy decision.
Did you know that 91% of restaurants have already invested or plan to invest in automation services for seamlessly managing your operations? Uber Eats is one such food delivery app that has adopted this strategy at the early stage and has watched 20% high sales as 70% of customers would prefer ordering online through restaurants.
If you are an entrepreneur looking to provide the best experience to your customers, then hire a mobile app development company to digitally transform your business model. Let’s connect now!
The restaurant industry is no longer limited to delivering dine-in experience. 70% of customers prefer to order food online and have it delivered.
This trend is not going down in the coming future as the number of online users in the food delivery industry is expected to reach a whopping 2656 million by 2026.
And about 60% of operators say that offering online delivery has generated incremental sales as 59% of millennials prefer takeout or delivery of food.
Moreover, with the reports saying that customers spend more on online orders than on-premise orders, digital ordering is growing at a 3x higher rate as compared to on-site ordering.
Overall, this revolutionary trend is making the online food ordering industry bigger with the prediction to make $200 billion by 2025.
In a nutshell, these are impressive statistics portraying aggressive growth and opportunities for digital restaurant transformation solutions. If you are still wondering how a restaurant management app can bring your businesses ahead and whether it’s worth the investment, then reason the reasons below:
With a restaurant management app, you can 10x your business sales, all you have to do is hire a mobile app development company that can handle the complex requirements. But, this may end up with the question of how much it will cost to build a restaurant management app in 2024.
Calculating the cost to create a restaurant management app can be as low as $10,000 and as high as $100,000+, it all depends upon your business requirements.
Majorly, the apps developed for restaurants, are of two types:
Apart from this, multiple factors can deeply impact the overall app development cost which includes, the app complexity, features and functionalities, UI/UX design, app development team, location, and tech stack.
So when it comes to developing a restaurant online ordering app, it is always recommended for businesses to build an MVP first. With this approach, businesses can easily test the level of water with a working model of your app and accordingly scale it up with additional features.
Launching a full-fledged restaurant app development service can be an expensive deal, therefore, it is worth hiring a mobile app developer that can help you get started with MVP and enable you to gather the feedback of users.
While there is so much to include in restaurant app development, it becomes challenging to estimate the accurate app development cost. So if you are trying to set a budget for restaurant app development, then you need to understand what exactly contributes to its cost estimation.
Here are the few factors that you need to keep in mind while setting a budget for custom restaurant app development:
Overall these factors contributed to the final app development cost. If you are convinced with your product idea, but not sure what feature you should prioritize initially, then jump to the next section.
As we have repeatedly mentioned, features and functionalities can greatly affect the app development cost, therefore, here we have prioritized all the must-have features contributing to the app development cost.
Here are the major features you need to include:
The list of features will go on and can enhance the functionalities of your app. Generally, the cost to create a restaurant management app with these features would be between $25,000 to $30,000+ but what if you are trying to compete with UberEats?
In that case, you need to integrate advanced features like AR/VR display of dishes in-app, personalized recommendation, pre-ordering, order customizing flexibility, and more. The average cost to create a complex version of a restaurant management app will range between $35,000 to $50,000+.
There are multiple business models for a restaurant management app, combining a subscription-based model with tiered pricing. The ultimate choice of business model depends upon the features that have been integrated into the app. Before you hire an app development company to customize the app, let’s check out how these business models work.
Provide access to customers to innovative features like order management, payment processing, location-tracking, and more with the annual/monthly subscription plan which can be further tiered up with basic and pro plans. This model ideally works for the restaurants that provide franchises of their brand.
Basic functionalities can be offered for free to small or independent restaurants to help them get started easily. However, to unlock advanced features, they have to upgrade the plan.
This is one of the most commonly adopted business models where a small commission can be charged on each transaction. This model works well when integrated with delivery partners or in-house delivery systems, where restaurants pay based on the volume of orders processed.
Looking to build a Restaurant management app that can 10x your business sales and drive exceptional growth? Alcax can be one of the leading restaurant development companies allowing you to customize applications right from scratch or even upgrade the existing one with the latest features. Our team of domain experts guides brands throughout the entire process, from ideation to deployment.
Apart here’s how Alcax can help you build an app:
With increasing digitization, automating your restaurant operations with a custom restaurant mobile app will be a worthy decision. However, launching your app can be a major investment, which requires professional assistance to carefully bring the idea to life. A well-designed restaurant app can provide various benefits to the customers and the business by driving more sales and revenue.
So this is where you need to hire a mobile app developer from a renowned app development company to get a more accurate budget and guidelines on how to approach the whole process of building a restaurant management app strategically.
If you are all set with your requirements and looking to create a restaurant management app, then drop a query or fill this form with your details for accurate cost estimation
If you still have doubts about developing a restaurant management app, then here we listed FAQs to help you gather more information about the concept.
The cost to create a restaurant management app ranges from $20,000 to $30,000+ depending upon various factors and the complexity of the business requirements.
The major factors that drive the restaurant management app development cost include features and functionalities, app development platform, UI/UX design, development team, API integrations, and post-app maintenance.
The most common tech stacks you can choose to build a restaurant management app are React Native or Flutter for developing the front end of the app, while for the backend Node.js can be the best option. For databases, you can use MySQL and PostgreSQL and for Cloud Services – AWS, Google Cloud, and Firebase can be a perfect option.
Yes, we can help you integrate your restaurant management app with your existing POS systems like Square, Toast, and Lightspeed. We have a team of tech experts who will take care of these customizations during the development phase.
Though both options are fine the ultimate choice depends upon your requirements. A Custom app offers full control and scalability, while SaaS solutions are more affordable and quicker to get started. The custom apps are ideal for restaurants with unique functionalities and operations requirements with long-term goals.