What to Consider Before Picking a Spot for Your Eatery Venture?

“Picking an area for your eatery business is one vital key to profitability. The ambiance, parking, and accessibility can be as critical to a café's success as tantalizing food and spot-on service. There is an old adage in the real estate that likewise remains constant for eateries: you bring in your cash when you buy,” says Hady Wehbe, Founder, and Co-owner of Sharky’s, a violently efficacious beachfront restaurant located in Dakar, Senegal.

Sharky’s proffers a breathtaking beachfront experience where guests can relish taste-bud tantalizing burgers, sushi, and pizzas while observing surfers thrash the huge sea waves. Undoubtedly, the marvelous location on the beach is the essential aspect that has contributed to their success. While being an incredibly successful entrepreneur who founded two multi-million dollar businesses at just 31 years old, Hady Wehbe below unleashes what you need to consider before choosing the location for the next big eatery.

Wehbe emphasizes that the café's location impacts numerous parts of your business operation, including the menu and style of the dining area. “On the off chance that you as of now have a specific eatery location in mind on the priority list, don't get excessively attached until you know whether it has quite a few necessities to make your venture successful,” he says.

Hady explains that parking is the first you must see before choosing the location.  “The new eatery location ought to have its own parking area. In the event that that does not have one—for instance, in a big city—consider partnering together with another hotel in the zone that has its own parking facility,” he says.

There's an explanation that significant café networks are regularly situated close to highway exits: It makes them open for clients. “Certain cafés can pull off food or service that isn't the best essentially in light of the fact that their location is so accessible, similar to eateries close to the Eiffel Tower or Colosseum. There is a lot of foot traffic in urbanized zones, and eateries just need to draw in clients from the road into their business. Best cafés—other than the genuinely elite—are easy to spot, and you will discover them in downtown areas or unique locations all through the world. SO be mindful of the accessibility,” says Hady Wehbe.

The next thing that kicks in is visibility. This obliges accessibility and is significant for new café locations. Individuals need to realize the eatery is there, either in person or on their cell phones. It is the reason property costs in downtown regions and developed strips are higher than in different zones. They offer a degree of visibility that can acquire a lot of walk-in business. Consider promoting in search engines and online social media to enhance your presence over all types of media. Try to register your café in search engines as the assortment of food you offer and your price point, as it will be simpler to pull in the customers. 

Additionally, you must be mindful of the population of the location to ensure there are enough individuals in the territory for your business to function and succeed. There should be sufficient individuals who live in or pass through the region consistently. To decide a specific territory's populace base, you could do a site study. In any case, these can cost up to $20,000. A great many people starting the first café do not have huge budgets for a professional survey. A more affordable strategy to decide the populace base of a specific region is to utilize a pie chart, as well as requesting the local chamber of commerce and town office for more data.

Hady Wehbe reveals that the major contributor to the success of his eatery venture was the location. “Choosing a site with a remarkable view of the beach, where thousands of people visit each day, served as the key factor that made Sharky’s flourish in no time,” he says.

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Created on Jan 26th 2021 09:37. Viewed 229 times.

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