Anna Hansen’s Post

Ever wonder why are tables so small and close together at restaurants? It's all about the real estate. In a couple ways. Typically, you would see this in major cities and there is one reason for that. That small 1000 square foot restaurant costs $20,000 a month in rent. If they have any chance of making enough money to cover that and make a profit they have to use the every inch of that place. The average bill for a party of 2 in NYC is say $100. Rule of thumb says you want your rent to be about 10% of gross profit. Which means they need to serve 2,000 couples a month! So you either have to squeeze as many tables as you can in there or raise the average bill by a ton. (or likely both in this scenario) Now this is an extreme example but it paints the picture of what it's like being a restauranteur in a major city. Success is not guaranteed just because you have great foot traffic. #restaurant #restaurantowner #hospitalityindustry

Four years after the pandemic arrived and wiped out an estimated 110,000 eating and drinking establishments and 2.5 million industry jobs, the restaurant industry in Sun Belt cities like Houston is back big. And with the resurgence has come a battle for the best locations, with landlords in the driver seats as an increasingly international group of operators clamors to get in while the getting is good.It’s a good time to be a landlord, in that you have lots of selection for your good spaces. Hotly competitive food and beverage markets are seeing a spike in global interest as high interest rates and construction costs limit new developments. Brokers are having to leverage relationships with landlords and listing brokers to get word of openings as soon as a restaurant thinks of closing down. Landlords are able to be picky about the restaurants that come into their centers, getting a feel for their concepts and whether they will match the vibe of the property. Brokers can no longer just show up with a tenant who is willing to pay the rent and find a landlord who won’t ask more questions. #commercialrealestate #creinvesting #creadvisors #cre #creretail #crerestaurant

This is an important part of a civil society. To achieve this means abandoning suburbia and only building at densities that can support public transport and neighbourhood facilities. Ohhh I hear the rumbling of keyboard warriors already. However before the car we built neighbourhoods around tram lines . In most of our cities these higher density neighbourhoods are now the most desireable .

Ensure your space is safe, comfortable, and inviting for both shoppers and tenants Make sure your commercial property is ready to receive more customers and keep your tenants happy when you visit https://lnkd.in/e_pbVah Retails Sales have significantly increased in the past months as Australians enjoy their tax cuts and warmer weather by dining out and shopping. In fact, department stores saw a 1.6% increase in sales, while cafes, restaurants and takeaway food services climbed by 1%. With more people now out and about, commercial property owners must ensure their facilities are safe, comfortable and functional to encourage more customers and drive sales for their tenants. #DBAAdvisory #facilitiesmanagement #stratamanagement #propertymanagement #propertymaintenance

[South Coast NSW – Perfect First Business. South Coast Cafe with Loads of Potential] An incredible opportunity exists to step into this awesome café in one of the most desirable locations that the South Coast of NSW has to offer. The new owner will be able to walk into a café with $1M+ in consistent annual revenue and a very appealing profit available to an owner/operator of $180k. This established café is currently run under management, and would ideally suit a hands-on owner/operator who is looking for a great first business, or a family with teenage children looking for a lifestyle or sea change. This is a unique opportunity that has loads of opportunities and options available to grow and expand. There is a fantastic lease in place until 2037, with plenty of seating inside and covered seating outside. The venue has plenty of space, which could also provide an avenue to explore sub-leasing for a florist or maybe offering other potential income stream items for sale. The café is a destination for the locals as well as benefiting from a large number of commuters and visitors to the area. This café boasts a strong online presence and following, with very favorable reviews. The opportunity here is to capitalize on the location and solid customer base and with an enthusiastic approach, expand the menu and the operating hours and days and seek out further market opportunities, including delivery as well as exploring catering. Possibility of obtaining a liquor license. Expand the menu offering to provide a further point of difference in the area, you could also look at other income stream options and saleable products. Asking Price $265,000 plus SAV | For more details type "details" in the comments below or visit our website https://lnkd.in/gBMZnNif #businessowner #smallbusinessowner #businessowners #smallbusinessowners #savvybusinessowner #businessownership #businessownerlife #cafe #cafestagram #cafes #cafetime #cafelover #cafehopper #cafesofinsta #hospitality #hospitalityindustry #hospitalitymanagement #hospitalitylife #hospitalityjobs #hospitalitymarketing #brokers

Just when you think you’re done thinking back on your thesis project. The below article talks about the importance of small-scale retail/city services such as Arbutus Coffee in Kitsilano for supportive walkable cities. My thesis proposed a Long-term Care for Individuals Living with Dementia in one of Kitsilano’s communities that is home to Arbutus Coffee. Research on Supportive Neighbourhood Characteristics for those living with dementia created the project’s site selection criteria - Sensory Engagement, Accessibility, Character of Place and Active Surroundings. My thesis addressed that building for people with dementia with a sensory approach can benefit us all. For those who have been asking (and I have been delaying answering), link below to my graduating thesis. Sensory Engaging Architecture: Long-Term Care for Individuals with Mid to Late Stage Dementia https://lnkd.in/gm3qtxin

To my economic development folks - what kind of capital stacking would you have in your pipeline to make this economically viable in your city? I’m thinking a mix of micro revolving loan funds, a local investment fund, NMTC’s (circumstantial) and a well placed BID. We need more financing tools for small scale developers. Talk to me! #CornerConvenience

If this was a one-off, it wouldn't matter. There are many reasons why businesses close. The reason why I am sharing this is because Victoria has downward trajectory on businesses - our state was the only one in Australia last year to see the number of registered businesses decrease: many shut down, many moved to other states. In my conversations with small business owners in Ringwood - where my electorate office is - they share how they are being hammered by rising taxes and fines from the Labor government on one side (Victorians are one of the highest taxed and fined people in Australia) and skyrocketing amenity bills (water and energy) on the other. Many wonder how long can they last? It appears that the Labor carnival in Victoria has come to an end - and the reality of how they have let down the state is staring us in the face. #FixBrokenVictoria #Labor #smallbusiness #taxes #bills #energy #electricity #gas

The commercial real estate market here in Suffolk County on Long Island, is buzzing with activity, especially in the retail and restaurant sectors. Here are some trends that I've noticed: 🔹 Businesses are increasingly seeking out high-traffic areas again to attract more customers and boost their visibility. The highly desirable spaces are getting swept up quickly! 🔹 Retailers are focusing on creating unique shopping experiences, combining online and offline strategies to engage customers more effectively. Social media is becoming absolutely necessary! 🔹 The restaurant scene is thriving, with new eateries popping up, offering diverse culinary experiences to meet the evolving tastes of residents and communities. 🔹 Both sectors are embracing trends like outdoor dining, contactless payment, and digital integration to enhance customer convenience and safety. Ultimately, It feels good to see things getting back to "normal". As a commercial real estate specialist, I’m here to help you navigate these dynamic trends and find the perfect location for your business. Whether you’re a retailer looking for a more suitable space or a restaurateur seeking to expand your portfolio in a new, vibrant spot, let’s connect and explore the opportunities in Suffolk County! #NAILongIsland #ShopLocal #Retail #CommercialRealEstate #SuffolkCounty #RetailTrends #RestaurantIndustry #BusinessGrowth #LongIslandRealEstate

The restaurant sector is booming, emerging as the hottest segment in retail real estate. As highlighted by Kate King in the The Wall Street Journal, food services made up over 19% of all retail leases last year, the highest proportion since CoStar Group began tracking in 2007. This surge is driven by low unemployment, rising wages, and a growing foodie culture. Federal Realty's focus on exceptional retail destinations in affluent areas aligns perfectly with this trend. Our centers, known for their dynamic environments and top-tier dining options, are thriving as dining out becomes a staple of modern leisure. Restaurant tenants are crucial to our leasing success, enhancing our engaging spaces and attracting substantial foot traffic. Learn more about how our F&B strategy is transforming retail centers in our blog featuring Federal's VP of West Coast Leasing, Christian Irwin: bit.ly/3tFTXbC For details on the WSJ findings, view the original article: on.wsj.com/3Vyd5lR