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Selecting Commercial Space to Open a Restaurant

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Information about Selecting Commercial Space to Open a Restaurant
Real Estate

Published on March 4, 2014

Author: keithscribner

Source: slideshare.net

Description

For over 30 years, the Keith R. Scribner Trust, affiliated thru Scribner Properties LLC dba Scribner Investment Companies, has invested in real estate primarily in the Spokane and Eastern Washington region. In particular, the Keith R Scribner Trust, thru Northwest Realestate Equities LLC, or NRE LLC, their property manager, leases out commercial properties in a variety of highly visible and well-trafficked areas. These rental opportunities include properties that are suited for a nuumber of uses including retail, office and restaurant businesses.
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By Keith Scribner

 For over 30 years, the Keith R. Scribner Trust, affiliated thru Scribner Properties LLC dba Scribner Investment Companies, has invested in real estate primarily in the Spokane and Eastern Washington region. In particular, the Keith R Scribner Trust, thru Northwest Realestate Equities LLC, or NRE LLC, their property manager, leases out commercial properties in a variety of highly visible and well-trafficked areas. These rental opportunities include properties that are suited for a nuumber of uses including retail, office and restaurant businesses.

 When evaluating potential retail and restaurant locations, there are a number of things to keep in mind. First of all, determine your target market and the type of clientele you hope to have visit your establishment. Then, make sure that the location you select is convenient for individuals in that market. For example, if you intend to open an establishment that appeals to families, make sure that you have the room to accommodate larger groups that may include children. On the other hand, if you want your restaurant to be a weekend night destination, your business may do better in a downtown, walkable location.

 Additionally, it is important to evaluate the space needs including area or kitchen space and facilities. Make sure that there is adequate space for floor space, storage and food preparation, as well as space for equipment and other needs.

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