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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Dual-branded franchise locations can create efficiencies with real estate and operations, and also help expand into new markets
- Scott Gladstone
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Tips from a multi-unit franchisee and property developer on how franchisees can enhance their real estate portfolios through investment and diversification
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When a location's sales drop, it's time to dig in and look for answers
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Franchise operators get into the weeds with landlords and potential landlords
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Site selection, market research, and financial planning are key components in determining the best locations for franchise expansion
- Akki Patel
- 3,523 Reads 14 Shares
Some niche concepts require specific considerations during the site selection process
- Jordan Levine
- 2,582 Reads 8 Shares
Franchisors and franchisees should be aware of the factors to minimize risk and develop a successful real estate property
- Lukas Krause
- 2,629 Reads 4 Shares
Meeting consumer demands can involve upgrading and remodeling restaurants for greater customer experience and efficiency
- Jim Cannon
- 4,114 Reads 29 Shares
Customizing restaurant models based on local demographics can lead to greater operating efficiency and long-term success
- Kaci Radochonski
- 3,387 Reads 8 Shares
Examining local demographics is a crucial part of the site selection process to help set up a franchise for success
- Dan Ogiba
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Exploring non-traditional restaurant venues in high-traffic locations can increase brand exposure and customer sales
- Bryan Ketelhut
- 3,482 Reads 44 Shares
New design features vibrant décor, greater customer convenience, and opportunity for increased franchisee profitability
- Kevin Behan
- 4,306 Reads 3 Shares
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
- 3,399 Reads 8 Shares
A well-chosen location can significantly impact a franchise's profitability and long-term viability
- Matt Kelton
- 5,501 Reads 27 Shares
New store model will showcase top brands, increase operational efficiency and enhance customer experience
- Kevin Behan
- 4,550 Reads 7 Shares
JETSET Pilates executive shares thoughts on selecting locations and growing the business through design and management
- Don Baruch
- 3,527 Reads 16 Shares
Nontraditional locations offer franchisors new ways of reaching customers but come with pros and cons
- M. Scott Morris
- 4,117 Reads 18 Shares
Increases in consumer demographic data can provide additional information in determining value of real estate property
- Kevin Behan
- 2,709 Reads 3 Shares
Resales can offer cost savings, but franchisees must conduct due diligence to understand all the real estate details
- Aracely Melendez
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Conducting the proper due diligence on a restaurant's site selection is important for current success and future expansion
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Here are the factors to consider when researching franchise conversion projects
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Smaller prototype increases operational efficiency and provides quicker service
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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
- 3,507 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
- 4,325 Reads 1 Shares
Before signing or renewing a lease, learn these "Do's" and "Don'ts" to get the best deal
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