10 Critical Mistakes to Avoid When Buying a Property to Operate a Restaurant
Don’t skip location analysis — foot traffic and accessibility matter.
Don’t ignore zoning and permits — make sure restaurant use is allowed.
- Don’t forget to inspect the building’s infrastructure — plumbing, electrical, HVAC.
Don’t overlook parking availability — essential for customer convenience.
-
Don’t ignore neighborhood trends — are new developments planned? Is the area growing?
-
Don’t assume all equipment is included — clarify what stays with the property.
-
Don’t underestimate renovation costs — older buildings may need costly updates.
-
Don’t skip a professional property inspection — get experts to assess the building condition.
-
Don’t ignore lease terms if part of a complex — check restrictions and shared expenses.
-
Don’t neglect future resale value — think about the long-term investment potential.
Comments
Post a Comment