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Subject:
Picking the right location for a new quick-casual restaurant
Category: Business and Money > Small Businesses Asked by: phoenixheart-ga List Price: $25.00 |
Posted:
14 Jan 2005 11:21 PST
Expires: 27 Jan 2005 14:08 PST Question ID: 457243 |
I need to select the theoretical "ideal" location for a new restaurant, somewhere in the USA. The restaurant belongs to an international chain of quick-casual restaurants; i.e. high quality fast food. I want information that would help me to select the ideal location: starting at region and working all the way down to exact location (i.e. the XYZ mall in South Boston.) More specifically, I'm looking for information that will enable me to complete my analysis as fast as possible. I also can't afford to purchase a bunch of private research reports. I am taking many things into account, including competition, taxes, regulatory environment, market growth potential, consumer preferences, etc. In other words, everything that might impact a compnany that wants to grow from one US restaurant to fifty US restaurants within three years. Some examples of information that would be helpful to me: "Consumers in XYZ region really love ABC-type ethnic food." "XYZ region is an especially good place to start a restaurant, due to growth trends and a friendly regulatory regime." Etc.. Thanks! |
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There is no answer at this time. |
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Subject:
Re: Picking the right location for a new quick-casual restaurant
From: bizlib-ga on 14 Jan 2005 12:22 PST |
There is a study that is basically an industry briefing. It's an entry level publication but should have the info you want (maybe). Restaurants And Cafes in USA - http://www.biz-lib.com/ZEURGOOOLE.html or try... "Consumer Foodservice in United States" Published May 2004 It can be found at the followinr URL: http://www.bizlib.com/ZEUGOOGLE.html or at http://www.biz-lib.com/ZEUGOOGLE.html It a full market study of the food industry in the USA in terms of the consumer market. |
Subject:
Re: Picking the right location for a new quick-casual restaurant
From: clint34-ga on 14 Jan 2005 12:27 PST |
Wal-Mart, rent some sub space! |
Subject:
Re: Picking the right location for a new quick-casual restaurant
From: scribe-ga on 14 Jan 2005 13:01 PST |
I know you don't want to spend a lot of money BUT wouldn't an investment upfront in good solid actionable information be worth it? It sounds like your plans are ambitious. My advice is don't economize in taking crucial first steps. Are you familiar with MapInfo? It's a software company that specializes in providing location information and decision-support. Take a look at their website: ww.mapinfo.com. I am sure their products do not come cheap, but they could very well pay for themselves many times over by making your first choice of location the right choice. scribe_ga |
Subject:
Re: Picking the right location for a new quick-casual restaurant
From: phoenixheart-ga on 17 Jan 2005 05:44 PST |
Hi guys - Thanks for the feedback and URLS. The reason I don't want to pay much for info is because I am student, and this is a class project. :) Most relevant reports seem to cost $200 at least, and most of those spend a disproportionate amount of time covering "general trends" that don't interest me as much. Specific information, like restaurant-friendly regions (regulations and tax-wise), and consumer preference-wise, is hard to find. And information that would help me actually zero in on a specific shopping mall (or other location) is even harder. |
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