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Subject:
Leasing my commercial property to a franchise food business
Category: Business and Money > Advertising and Marketing Asked by: suavros-ga List Price: $100.00 |
Posted:
08 Jan 2005 20:53 PST
Expires: 12 Jan 2005 22:11 PST Question ID: 454380 |
I am an owner of a restaurant in the Poconos (Northeast PA), and am seriously looking at the opportunity of leasing my property (1 acre of commercial land) to a franchise restaurant. The surrounding area is quickly developing into an even higher tourist destination for many weekend vacationers (mostly New York, New Jersey, some local), with the construction of the Great Wolfe Lodge Water Park (www.poconosbest.com/resortgreatwolflodge.htm), and with the ongoing expansion of several current resorts very close by. I need some help on how to market my 1 acre commercial property in order to lease it to any franchise restaurants that might be interested. I am currently working on a website, describing the property, the county (Monroe County), nearby resorts/businesses, and current developments. Do you know of any articles, books, or websites which may have more information on attracting franchises, or any advice on how to market my website (which I hope will be up and running by late Jan) or any other advice you might think may be of use to me. I have found a lot of information about real estate developments around the area. I am much more concerned about how to market my property and attracting a franchise restaurant to lease (not to buy). |
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There is no answer at this time. |
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Subject:
Re: Leasing my commercial property to a franchise food business
From: maluca-ga on 12 Jan 2005 19:08 PST |
Having done this for several years I suggest the following. 1. Post it on loopnet.com 2. Put a package together with maps, photos , newspaper articles and facts, not opinions and fedex it to the Director of Franchise operations at a few dozen operations of the type you feel would fit best. Followup with a call of which there will be many as there are significant amounts of people who are doing the same and trying to get their property occupied. 3. Find a company that does all this for you. Best bet as they get the phone answered. Restate your question and search for companies that match properties with franchise operations. 4. Get prepared for doing a build/remodel to suit and the initial financing that goes with it. |
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