With Holiday season looming around the corner, your goal for next year should be to bring in more business. One way to do that is to renovate your restaurant, especially if your restaurant has been around for long and is starting to feel outdated. If this is the case, then your restaurant needs a makeover. Even thought it may seem like a daunting task, renovating can help increase profits. Here are a few things to keep in mind:
Freshening up the look of the establishment on the inside and outside adds a new vibe and energy into the space. This will help attract new customers, optimize space usage and improve operations for the staff. Additionally, management will be able to implement new policies and guidelines that newly renovated space will help ease up a lot of tasks.
In order to minimize the loss, it is important to renovate during the downtime. Make sure to communicate the closing time well ahead of time with your customers. Re-launching with a new look helps create a new vibe. It will create a far better guest experience, improve service, and introduces menu updates that add more value to the restaurant.
The most important aspect that is essential when renovating, is organization. Determine what needs to be updated, if you need a permit, order equipment and finishes, mechanical and electrical issues, general operations, tech upgrades, etc. Getting everything done in one time will save time and money. Next, find a designer that can deliver your envisioned product. Keep in mind that lighting, interior design, and tabletop finishes will make a vast difference and ensure a positive and new customer experience. Remember to leave an extra 10-20% buffer in your budget for the extra costs that may arise during the process.
Finally, it is highly recommended you run a promotional campaign that mainly focuses on the newly renovated space. With the right marketing and advertising, throwing a Grand Re-Opening party will catch the attention of new and old customers, and bring in more business. Conclusively, while renovating your restaurant may seem like a massive undertaking, in the long run you will get your money’s worth.