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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Site selection, market research, and financial planning are key components in determining the best locations for franchise expansion
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Some niche concepts require specific considerations during the site selection process
- Jordan Levine
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Franchisors and franchisees should be aware of the factors to minimize risk and develop a successful real estate property
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Meeting consumer demands can involve upgrading and remodeling restaurants for greater customer experience and efficiency
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Customizing restaurant models based on local demographics can lead to greater operating efficiency and long-term success
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Examining local demographics is a crucial part of the site selection process to help set up a franchise for success
- Dan Ogiba
- 3,555 Reads 14 Shares
Exploring non-traditional restaurant venues in high-traffic locations can increase brand exposure and customer sales
- Bryan Ketelhut
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New design features vibrant décor, greater customer convenience, and opportunity for increased franchisee profitability
- Kevin Behan
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Learn about the unique challenges and suggestions for securing real estate for a pickleball franchise
- Chris Diass
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Converting an existing business to a franchise brand gives owners the support needed to grow and optimize their business
- Bob Johnston
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There are many benefits of operating an airport retail location, but it comes with several real estate and operational challenges
- Jeff Drake
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A well-chosen location can significantly impact a franchise's profitability and long-term viability
- Matt Kelton
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New store model will showcase top brands, increase operational efficiency and enhance customer experience
- Kevin Behan
- 3,739 Reads 7 Shares
JETSET Pilates executive shares thoughts on selecting locations and growing the business through design and management
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Nontraditional locations offer franchisors new ways of reaching customers but come with pros and cons
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Increases in consumer demographic data can provide additional information in determining value of real estate property
- Kevin Behan
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Resales can offer cost savings, but franchisees must conduct due diligence to understand all the real estate details
- Aracely Melendez
- 2,948 Reads 5 Shares
Conducting the proper due diligence on a restaurant's site selection is important for current success and future expansion
- Kevin Behan
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Here are the factors to consider when researching franchise conversion projects
- Brad Reed
- 2,575 Reads 5 Shares
Smaller prototype increases operational efficiency and provides quicker service
- Kevin Behan
- 3,257 Reads 2 Shares
Property investors look at some retail brands to predict increasing property values
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To lease or buy? Franchisees weigh the pros and cons and additional factors for both
- Franchise Update Media
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Interest rates for CRE loans look to remain higher. Here are some useful tips on making the best of it.
- Ginny Gaylor
- 3,148 Reads 1 Shares
Mobile location data provides franchises with invaluable information on site selection and market analysis
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Mixed news this month for commercial real estate, vacant office buildings still a challenge, technology to the rescue, and more.
- Eddy Goldberg
- 3,902 Reads 1 Shares
Before signing or renewing a lease, learn these "Do's" and "Don'ts" to get the best deal
- Jonathan Keyser
- 2,649 Reads 2 Shares
The CRE sector is predicted to run into trouble in the near future. But when? A year ago, the experts predicted the same. Yet here we are… still waiting. See what's new
- Eddy Goldberg
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Tips from a pro on how to optimize site selection and negotiate leases
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Tips on finding the best locations for expanding your franchised business
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It helps to review your coverage with your agent each year
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