MY RESTAURANT IS IN A BAD LOCATION
This is the one mistake that is almost impossible to fix.
You can fix terrible food, a badly thought out menu, awful decor, surly staff, incompetent chefs, missing signage or snail-like service. But after you sign the lease, you can’t do much about the location.
So this is one problem you have to prevent in advance.
- Don’t believe what any landlord or real estate agent tells you. Verify everything yourself.
- Check traffic patterns, both pedestrian and auto.
- Check the noise levels of your neighbours.
- Go by the venue at all times, mornings, afternoons evenings and late nights.
- Some locations always see restaurant failures and for no logical reason. If more than one restaurant has failed in a location you’re considering, you might want to pass.
- Consider neighborhood lighting and safety. Would you feel safe walking there at night by yourself?
Remember, this will be one mistake that may be impossible to fix so check, check and check!!