I am used to think in cost per square meter, 700,000/116 sqm makes 6,000 US$ per square meter (if you prefer 700,000/1,250 makes 560 US$ per square foot). That

I am used to think in cost per square meter, 700,000/116 sqm makes 6,000 US$ per square meter (if you prefer 700,000/1,250 makes 560 US$ per square foot). That is a very, very high unit cost, even if SF is costly (but the US$ 8,000 month of rent seems to me like "appropriate" and all in all in line with "common" market values). There is no reference to the number of seats for the new restaurant that I could find, but judging from: > In the end, the 24 burnt orange leather chairs, 13 wood sushi bar stools, and nine tables — finished with the Japanese wood burning shou sugi ban method — set him back $19,760. It should be 24+9=33 seats, which makes it an extremely small restaurant. More than 20,000 dollars per seat is more than "high" as I see it it borders to "crazy".