Multi-Unit Real Estate & Site Selection Advice - Population Characteristics
Company Added
Company Removed
Apply to Request List

Multi-Unit Real Estate & Site Selection Advice - Population Characteristics

Multi-Unit Real Estate & Site Selection Advice - Population Characteristics

Earlier this year, contributing writer Sara Wykes interviewed several multi-unit franchise operators about how they handle site selection and real estate challenges in today's market. She spoke with a number of operators who talked about finding that perfect franchise location, one that augments the odds of success and reduces the risk of failure.

Here are some insights culled from her interviews:

 

What To Look For

Broken Egg Café and Chicken Salad Chick franchise owner Jake Alleman says he first goes after a full understanding of residential and workplace population characteristics.  "Does it fit our target market?  What is the daytime traffic like?  I want to make sure there will be plenty of guests in the area during peak times who will dine with us," he says. "If the daytime traffic is low, we move on to the next location. I also want to know how a potential new store in a certain location would work strategically with the rest of the existing and planned stores within the overall market.  The last thing we want to do is have locations too close to one another.  Next, we consider site specifics such as occupancy costs, access, visibility, parking, co-tenancy, and other important elements."

Published: June 18th, 2019

Share this Feature

Island Fin Poké
SPONSORED CONTENT
Island Fin Poké
SPONSORED CONTENT
Island Fin Poké
SPONSORED CONTENT

Recommended Reading:

Comments:

comments powered by Disqus
LunchboxWax
ADVERTISE SPONSORED CONTENT

FRANCHISE TOPICS

PuroClean
ADVERTISE SPONSORED CONTENT
Conferences
Caesar's Palace, Las Vegas
AUG 31-3RD, 2021

Become a First Choice Business Broker franchise and start performing business valuations and match a seller of a business to a qualified buyer.
Cash Required:
$50,000
Request Info
Hungry Howie's is currently EXPANDING! Top Markets are available for single or multiple unit development. Get the EDGE over the competition with...
Cash Required:
$100,000
Request Info

Share This Page

Subscribe to Multi-Unit Franchisee Report