Location? An important topic that can either make or break your business. As aspiring restaurant owners, always keep an eye out for excellent brick-and-mortar locations. At times it may seem that any location will do but history has demonstrated that many great ideas have failed because of poor execution and location.
Ask yourself these questions prior to selecting a location…
1.Is the facility large enough for your business? Does it offer room for all the retail, office, storage or workroom space you need?
2.Does it meet your layout requirements?
3.Does the building need any repairs?
4.Do the existing utilities-lighting, heating and cooling-meet your needs or will you have to do any rewiring or plumbing work? Are the lease terms and rent favorable?
5.Can you find a number of qualified employees in the area in which the facility is located?
6.Is the trade area heavily dependent on seasonal business?
7.Is the facility consistent with the image you’d like to maintain?
8.Is the facility located in a safe neighborhood with a low crime rate?
9.Is exterior lighting in the area adequate to attract evening shoppers and make them feel safe?
10.Are there any competitors located close to the facility?
11.Is the facility easily accessible to your potential customers?
12.Is the area served by public transportation?
13.Can suppliers make deliveries conveniently at this location?
14.If your business expands in the future, will the facility be able to accommodate this growth?
Check the following sites for location deals:
More coming soon…