Real Estate
Finding the best real estate for your franchise is challenging and competitive, whether building anew or remodelling an existing location. Site selection is complicated and “A” locations are both hard to come by and expensive. Using a real estate broker to help find the optimal sites and negotiate the best contract is common practice. Seek legal advice to ensure you’re receiving the optimum tenant improvements and landlord benefits.
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Restaurant brands should consider the profitability, efficiency, and growth potential of a location when selecting and designing a new site
- Peter Yang
- 2,937 Reads 4 Shares
Smaller restaurant footprints cut costs, boost efficiency, and support off-premise dining without sacrificing the guest experience
- Chris Cheek
- 2,962 Reads 10 Shares
A site that's perfect for one concept might doom another
- Paul Wilbur
- 5,575 Reads 7 Shares
Intuition still has a place in real estate site selection, but layers of consumer data go into decisions
- M. Scott Morris
- 6,283 Reads 7 Shares
Al-driven models and real-time data can predict future customer traffic patterns and help franchisors determine the best new sites for expansion
- Shawn Saraga
- 6,084 Reads 19 Shares
Franchisees should treat their leases as a strategic business asset to reduce risks and create opportunities
- Taj Adhav
- 5,133 Reads 5 Shares
Opportunities for service-based retail franchises increase with the closures of shopping malls across the country
- Sarah Bangs and Will Campbell
- 4,622 Reads 3 Shares
Dual-branded franchise locations can create efficiencies with real estate and operations, and also help expand into new markets
- Scott Gladstone
- 6,132 Reads 11 Shares
Tips from a multi-unit franchisee and property developer on how franchisees can enhance their real estate portfolios through investment and diversification
- Stacy Read
- 5,068 Reads 19 Shares
When a location's sales drop, it's time to dig in and look for answers
- M. Scott Morris
- 6,393 Reads 4 Shares
Franchise operators get into the weeds with landlords and potential landlords
- Colleen McMillar
- 7,679 Reads 5 Shares
Site selection, market research, and financial planning are key components in determining the best locations for franchise expansion
- Akki Patel
- 6,385 Reads 14 Shares
Some niche concepts require specific considerations during the site selection process
- Jordan Levine
- 6,145 Reads 9 Shares
Having the proper visibility and accessibility to attract customers is vital
- Kevin Behan
- 5,957 Reads 15 Shares
Franchisors and franchisees should be aware of the factors to minimize risk and develop a successful real estate property
- Lukas Krause
- 5,409 Reads 4 Shares
Meeting consumer demands can involve upgrading and remodeling restaurants for greater customer experience and efficiency
- Jim Cannon
- 7,164 Reads 29 Shares
New design features modernized appearance and technology to appeal to customer convenience
- Kevin Behan
- 9,250 Reads 8 Shares
Customizing restaurant models based on local demographics can lead to greater operating efficiency and long-term success
- Kaci Radochonski
- 7,815 Reads 8 Shares
Examining local demographics is a crucial part of the site selection process to help set up a franchise for success
- Dan Ogiba
- 7,465 Reads 14 Shares
Exploring non-traditional restaurant venues in high-traffic locations can increase brand exposure and customer sales
- Bryan Ketelhut
- 6,430 Reads 44 Shares
New design features vibrant décor, greater customer convenience, and opportunity for increased franchisee profitability
- Kevin Behan
- 8,755 Reads 3 Shares
Learn about the unique challenges and suggestions for securing real estate for a pickleball franchise
- Chris Diass
- 5,511 Reads 22 Shares
Converting an existing business to a franchise brand gives owners the support needed to grow and optimize their business
- Bob Johnston
- 5,732 Reads 9 Shares
There are many benefits of operating an airport retail location, but it comes with several real estate and operational challenges
- Jeff Drake
- 7,043 Reads 13 Shares
A well-chosen location can significantly impact a franchise's profitability and long-term viability
- Matt Kelton
- 11,109 Reads 30 Shares
New store model will showcase top brands, increase operational efficiency and enhance customer experience
- Kevin Behan
- 8,135 Reads 7 Shares
JETSET Pilates executive shares thoughts on selecting locations and growing the business through design and management
- Don Baruch
- 6,167 Reads 16 Shares
Nontraditional locations offer franchisors new ways of reaching customers but come with pros and cons
- M. Scott Morris
- 7,162 Reads 18 Shares
Increases in consumer demographic data can provide additional information in determining value of real estate property
- Kevin Behan
- 5,163 Reads 3 Shares
Resales can offer cost savings, but franchisees must conduct due diligence to understand all the real estate details
- Aracely Melendez
- 5,798 Reads 5 Shares
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