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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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41st annual "Emerging Trends in Real Estate" report for the U.S. and Canada, from PwC and the Urban Land Institute.
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Effective Site Selection Requires Franchisees To Make Use Of All Resources And Tools And Focus On Systemizing The Real Estate Process.
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Dramatic changes at U.S. shopping malls present new opportunities for franchise brands.
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Tight urban real estate has franchisors looking into rural, tertiary markets.
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Experts Say Combining Brokers And Big Data Tools Can Help Uncover The Best Real Estate Options.
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We ended our previous discussion of service concepts with the point that many of these businesses are based on customers making the choice to trade money (surplus) for time (deficit). The example we used was maid services, where time-starved customers spend money to buy time they can spend with their family and friends.
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One of the best ways for a new franchisee to get in on the action in franchising is by choosing a nontraditional location. Why? For starters, try reduced franchise fees, lower overall startup costs, smaller real estate fees (none for kiosks!), fewer employees, and for some, the option of beginning part-time.
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