Seven reasons why it's a great time to find a restaurant location.

Seven reasons why it's a great time to find a restaurant location

Restaurant Article

by Clifford Bramble

Everywhere you look, a restaurant is closing.  So why would it be a great time to open a restaurant?  It may not be the best time to open a restaurant, but it is a great time to secure a location.  Here are seven reasons why it’s a great time to secure the location that you have always wanted.

1. Second generation:  A second generation space gives you plenty to look forward to.  While many people know that you simply cannot just go in and change the menu and open a restaurant, a second generation space simply saves you money in all areas of a buildout.
2. Driving Habits: If the restaurant that was there previously was moderately busy, then there would already be a good number of people who have habits of driving to that restaurant. 
3. Leasing options:  Now may be the perfect time for you to get lower leasing rates.  With an overabundance of spaces about to arrive onto the market, the competition for space will be fierce. 
4. General Contractors: With many of the current construction jobs on hold, this may be the perfect time to hire a general contractor and have your construction done faster than normal. 
5. New Interior options:  With the new way of doing business within a restaurant changing, this may be the perfect time to change the interior to include new sinks, new cleaning stations, and new covid options that will make the guests feel safer.
6. Equipment:  Restaurants that have closed and are in the perfect location may be leaving some of their equipment behind.  It may be the perfect time to purchase the equipment within the space and save you money.
7. Planning:  Planning now sets you up for six months from now.  Six months of planning to open a new restaurant gives you the time and options to market the location and begin getting the word of mouth out. Plus, hopefully in six months there will be a vaccine for Covid and opening at the same time, gives you a strict advantage.

 
Hungry Hospitality can assist you in your restaurant needs.  Contact us below for additional questions.

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