With the fluctuating market and ever-changing location availability, finding your dream location can start to seem more like a nightmare of stress and confusion. However, choosing the right location is crucial to the success of your foodservice establishment. Before deciding on a final location for your foodservice operation, consider these important variables.
- Available Space
Not all available spaces are considered equal. Make sure the potential space fits your needs for kitchen size, available dining space, dry storage, and an office. A large empty space fills up quickly with restaurant supplies and equipment so make sure the listing fits your necessary space requirements.
Make sure you choose a location with adequate parking to accommodate your guests. Some people may opt for more convenient locations with easier parking if finding an open parking space is a hassle.
Consider acquiring a restaurant space in a well-traveled location. Choosing a location that is visible from the road creates an easy advertising opportunity by increasing spontaneous visits from new customers.
If your potential location has had a history of establishments going in and out of business, the past can reflect poorly on your new foodservice operation. Potential customers may associate your new establishment with the past and consider it just another space filler for the time being.
- Nearby Competition
When scouting out a potential location, check out the other food competition in the area. If there are several establishments offering the same type of cuisine, your business may not be as prosperous.