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Rental of premises

Posted: Tue Jan 07, 2025 6:21 am
by sadiksojib35
Many people think that a coffee shop is a simple and understandable business, easy to understand and even easier to manage. However, entrepreneurs do not take into account the many nuances that accompany this business, and, as a rule, make mistakes that are often fatal for the organization. Dmitry Sidukhin, founder of the Hyuggeshnaya coffee shop chain, talks about what is important to consider when opening a coffee shop.

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Many people mistakenly think that any landlord will gladly morocco whatsapp phone number provide their space for a coffee shop, and it will be possible to open in the location that you like. However, the reality looks different.

Firstly, it often happens that there are many more people willing to rent space than there are suitable premises. This is true for both large cities and regions.

Secondly, the real estate market is closed: good offers are often shared among friends and are not published in the public domain at all. It can be difficult for a new brand without history to find a decent rental option. It is also important to consider that the landlord is more interested in working with a well-known company. This way, he sees fewer risks that the company will go bankrupt and move out in a few months.

To avoid falling into a rental trap, it is worth first of all preparing a presentation for landlords, which will describe the concept, approach, uniqueness, average check. This document will give a complete picture of the project, which will increase the chances of finding the best option.

It is also worth finding a broker who will maintain contact with all interesting landlords in the region, be the first to learn about vacant areas, and negotiate with them on more attractive terms. Restaurant owners and chains always cooperate with several specialists who represent their interests.

Ideally, rental payments should be within 10% of the expected revenue, maximum 20%. It will most likely be difficult for a brand without a name to negotiate a reduction in rental rates. But in this case, you can consider alternative options. First, study premises not on the first, but on the second or third lines. In large cities, it is now popular to open coffee shops in courtyards. Second, you can share one premises with another business: a flower shop or a barbershop.
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If you want to open a coffee shop in a park area, you need to rent a plot of land from the state and install a pavilion there. As a rule, each large city has special resources where rental lots for non-stationary retail facilities are accumulated.

For example, there is an investment portal in Moscow. You can find suitable lots there and take part in the auction. In addition to land, you can also rent premises. The rental rate for such real estate is not always lower, but these are lots that are not on the open market.

And finally: I advise against concluding a short-term contract for eleven months. Especially in a situation where you need to invest in the renovation of the premises. It may be convenient and profitable for the owner, since such a contract is not subject to state registration. But for the tenant, this is a risk, because after eleven months he may be asked to move out.

The opposite situation is also possible, when the contract is concluded for several years, but it does not stipulate the possibility of its termination at the initiative of the tenant. It is also better to avoid this.

On topic. 11 steps to opening your own coffee shop