We’re back with another round of currently available restaurant space specimens for you to check out for your restaurant business plans. Why showcase available restaurant properties, specifically? Existing restaurant real estate can be ideal for new restaurateurs seeking available space on a budget. That’s because restaurant locations that are closing, but are already outfitted for an operational…
aps san diego
We’ve said it before, existing restaurant real estate can be ideal for new restaurateurs seeking available space on a budget. That’s because restaurant locations that are closing, but are already outfitted for an operational restaurant business, can leave behind $200-300k in new construction equivalent value in the form of plumbing, ventilation, electrical, grease traps and otherwise….
Drawing on our team’s experience, here are some of the least obvious but most prevalent examples of hidden costs of commercial property acquisition.
If you don’t have to build a kitchen from scratch, a budget of $200k can go a long way to cover upgrades to the dining area, equipment purchases, and Building Department and Health Department fees.
The inspiration behind Title 24 is for good, but the stringent requirements are costing owners on average $3-6 more per sqft upfront.
How do we combat negative environmental impact when we all have things to do? If you’ve got a construction or tenant improvement project to do and you’re thinking about paper straws, read on about building out your space with less negative environmental impact (and without blowing the budget).
You’ve qualified (congrats!) and signed onto a franchise, and have identified your new space, so now what?