Methods & Measures
The costs involved with the opening of a new casual dining restaurant are significant and the risks, especially for brands entering new markets, are daunting. Consequently, a restaurant company must ensure that the site chosen is the best available given their sales and marketing objectives.
Restaurant operations and market conditions fluctuate, real estate locations are static. As logical and simple as this seems, countless restaurant companies make critical mistakes when choosing their restaurant sites. Quietly but inexorably, site adversity takes a foothold, and a lifetime of marginal performance even under peak conditions is the best the company can hope for.
For restaurant companies, the real estate component of each location should be a means of is a strong competitive advantage and a major contributing factor to the restaurant’s performance. It is also an added source of value for customers and a built-in billboard for your brand. . To leverage real estate for all it can
contribute to the location’s success and ensure it is maximized in the scope of the business plan, methods and measures should be exercised in thorough analyses. For each location, Foremark provides a comprehensive site analysis as it relates to concept attributes, operating standards and growth objectives which reveals the site(s) that will provide the best chance for favorable performance.
Through careful research and a well-developed and proven formula, Foremark provides its clients with the knowledge necessary to make real estate decisions that provide the framework for success as well as avoid the dynamics that will limit it.