Location, Location, Location
It may be rule number 1 in successful business planning, but a great location is just the beginning. Restaurants need to have proper visibility, access to adequate parking and compatible tenants. The site needs to supply the right traffic numbers during the right time of day to be a great site.
We can help you assess what a great location can be for your restaurant. Are you looking for weekday breakfast and lunch business, the happy hour crowd or a meal for the whole family? 30,000 cars a day passing your business can mean a great opportunity for you or a great opportunity for higher rents.
Lease negotiation
After finding the perfect site, a good lease can make or break your profit potential. Some leases can be 50 pages long and filled with jargon that your lawyer can help you decipher, but do you know what is negotiable? Do you need more time for build-outs? How long can you renew? What common area maintenance expenses can occur?
We have counseled restaurateurs through this process and can help you too. An ounce of prevention can save a pound of headaches.
Facility design/Construction
Unless you are building from scratch, on your own lot, with your own designers, you'll have to fit your needs into a pre-existing space. Knowing how and where power, water, sewer and other utilities are located can cost you or save you.
How will traffic flow into your restaurant?
Will there be enough room for a lobby-full of people waiting for a table on a Friday night?
Will people try to order from the pick up cashier?
How many seats will you need to make your proforma work?
How many more can you have if you look at things from a different angle?
Will your "A" seats end up in "B" locations?
Successful restaurants recognize all the different aspects.