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Opening a New Restaurant? It’s All About the Location!

Sep 15, 2015

You’ve heard it before: “location, location, location.” There’s truth to it: the August 2015 issue of Restaurant Business delves into this topic and finds interesting data to support the idea that location is of utmost importance when choosing a restaurant location.

It was noted that tourism is a strong factor contributing to new restaurant growth,  which is why the 5 best places to open a restaurant include two cities in Hawaii and the tourism mecca, Las Vegas. Interestingly, it also appears that restaurants in small times near crossroads and highways were gaining interest from consumers as they venture on roadtrips.

For the full list of the best and worst places to open a restaurant, check out Restaurant Business Online.

Of course, location is not the only factor contributing to a restaurant’s success. Among other critical components are the concept’s strength, throughput, consistency, the concentration of its target market in an area, and details down to the . If you’re interested in exploring your new concept, please contact Synergy Restaurant Consultants.

 

Now open photo credit Taro the Shiba Inu CC by 2.0