Monetize your vacant restaurant and bar space
Earn money and find clients by listing your restaurant and bar space for free in less than 5 minutes
Make the most of Storefront’s 45-day free trial. Storefront connects landlords and space owners with top brands, retailers, agencies, entrepreneurs and artists actively looking to rent restaurant and bar space like yours.
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Why we need to rethink vacant about restaurant and bar spaces?
It’s no secret that the restaurant and bar industry has been hit hard by the pandemic. With so many businesses forced to close their doors, plenty of vacant spaces are available. But before we write off these vacant spaces as a lost cause, we must rethink how we can use them.
There are plenty of opportunities for these spaces to be put to good use. They could be transformed into community hubs where people can come to learn new skills or connect with others. They could be used as event spaces for local businesses and organizations. Or, they could be turned into co-working spaces for remote workers.
The possibilities are endless, but it’s up to us to make the most of these spaces. With a little creativity and effort, we can turn these vacant spaces into something special that benefits our community. The long-standing disconnect between the ownership and management of real estate and the food & beverage business is a huge problem. Owners and tenants both need to work together on sustainable solutions that can withstand the pressures of a changing business landscape.
How to start a restaurant and bar venue rental business?
Are you thinking of starting a restaurant or bar venue rental business? If so, there are a few things you need to know before getting started.
- First, you need to have a clear business plan. What type of restaurant or bar are you going to create? What is your target market? How will you generate revenue?
- Second, you must understand the costs of starting and running a restaurant or bar. These costs can include rent, utilities, staff, inventory, and marketing.
- Third, you must create a marketing plan to attract customers to your restaurant or bar. This plan should include traditional and digital marketing tactics.
- Fourth, you need to create a system to track your finances, including your revenue and expenses. This will help you stay on track and make informed decisions about your business.
- Finally, you need to have patience and be prepared for the long hours and hard work that are required to start and run a successful restaurant or bar.
If you are a bar or restaurant owner, you should consider this option seriously. However, a lot of routine work needs to be done daily, and it requires a certain level of commitment. If you don’t like routine and have plenty of time to spare, then you should try it out.
However, if you are running a business, then this option may not be a good choice. If you are considering starting a restaurant business, you should consider this option seriously.
List your restaurant and bar space and get bookings today!
The advantages of listing your restaurant and bar space with Storefront
1. Free Trial
2. Connect with amazing projects
3. Maximize your visibility
How much can I earn by renting out my space ?
Ever wonder how much revenues are you missing out ?
Storefront provides a calculator that takes simple inputs like address of your space, city, and space types. We will provide you with an overview analysis and potential income you can make with Storefront platform.
How to succeed with Storefront
Maximize your restaurant and bar space potential with three easy steps to win more renters on Storefront.
- Enter your daily price so that it is publicly displayed. Pricing is necessary to get relevant requests from qualified renters who can afford your restaurant and bar space.
- Photos are your most important marketing tool. Listings with at least six high-quality photos taken from a variety of angles get more bookings than those without.
- Update your availability calendar to show prospective renters when they can book.
- Respond to inquiries within 48 hours. Projects often find a new space within five days – keep a competitive edge with a speedy reply.
- Enable SMS notifications to close deals faster. Hosts with SMS notifications enabled are more likely to be able to start a conversation and get a quote within 24 hours.
- Always accept payments through the Storefront platform. Add your bank account information to get faster bookings. Then you can pre-approve brands to rent your restaurant and bar space. Learn more about collecting payments here.
- Boost your space to appear higher in the search results. Once your listing is live you have the option to Boost your listing with a monthly subscription. Boosted listings appear at the top of relevant searches and consistently receive more views, inquiries and bookings.
Monetize your empty restaurant and bar space
Listing your restaurant and bar space with Storefront in three steps
- It takes 5 minutes
- Take some great photos
- Get your contact and payment details ready
How to set up a restaurant and bar venue?
The restaurant and bar industry is growing rapidly. To keep up with the demand, it is important to know how to set up a restaurant and bar venue. There are many factors to consider when setting up a restaurant and bar venue, such as location, menu, and atmosphere.
- Choosing the right location is one of the most important aspects of setting up a restaurant and bar venue. The location should be easily accessible and have enough space to accommodate the projected number of customers.
- The menu should be carefully planned and offer a variety of items that will appeal to the target audience.
- The atmosphere of the restaurant and bar should be inviting and comfortable, with a layout that is conducive to socializing.
By following these tips, you can set up a restaurant and bar venue that will be successful. You should use first-hand knowledge and experience to help you decide what bars and restaurants in your area are popular.
The entertainment and food tastes of the people around you will help you to make an informed decision about what to serve and how to decorate the bar and restaurant.
Find more renters with amazing photos
- Take professional photos
- Write a top-notch space description
- Put down the right pricing
What to do with vacant restaurant and bar space?
As the COVID-19 pandemic continues, many restaurants and bars have been forced to close their doors. This has left a lot of vacant space in commercial areas across the country. While it may be tempting to leave these spaces empty, there are actually a lot of things that can be done with them.
Here are a few ideas of what to do with vacant restaurant and bar space:
- Rent it out to a smaller business.
- Use it as a temporary workspace for freelancers or remote workers.
- Turn it into a community gathering space for events or meetups.
- Donate it to a local charity or non-profit organization.
- Repurpose it into a retail space for a pop-up shop or temporary store.
There are many other possibilities for what to do with vacant restaurant and bar space. It just depends on what would work best for the particular location and community.
Any restaurant and bar owner should carefully consider their options when it comes to closing down a location. While it’s clear that owners should be wary of changing the space too drastically, it’s good to see that there are other options. The solution for a vacant restaurant space may not be what we expect, but every location is different; it’s important to make the most of the situation.
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How long does it take to fill vacant restaurant and bar space?
When a restaurant or bar space becomes vacant, it can often be a guessing game about how long it will take to find a new tenant. Several factors come into play, such as the space’s location, size, and condition.
- In prime locations, such as downtown or near popular attractions, it is not uncommon for new businesses to snatch up vacant spaces rather quickly. However, it can sometimes take months or even years in less popular areas to find a new tenant.
- The size of the space is also a factor to consider. Larger spaces are often more difficult to fill because fewer businesses can afford the rent or that need that much space.
- Finally, the condition of the space is important. If the space needs significant renovations, finding a new tenant will likely take longer. However, if the space is move-in ready, it may not take as long to find a new business.
A restaurant or bar space will take a lot of time to fill, but if you are looking for an investment that can be profitable sooner, then a strip mall may be a better choice. If you’re looking at a strip mall, be sure to look into every aspect of the business, including the rent and occupancy costs.
You’ll also want to look into the tenant’s financials, as well as their credit score. One other thing to look into is the competition. If there is a lot of competition, you may want to think about a less saturated area.
Fill your vacant restaurant and bar space with Storefront for free!
How to make an empty restaurant and bar space look inviting?
When it comes to making an empty restaurant or bar space look inviting, there are a few key things you can do to achieve this.
- First, it’s important to have a clean and well-maintained space. This means regular cleaning and dusting and ensuring that all surfaces are free of smudges and fingerprints.
- Secondly, it’s important to have a warm and inviting color palette. This can be achieved by painting the walls in warm tones, adding in colorful accents, and using lighting to create a warm and inviting atmosphere.
- Lastly, it’s important to ensure that your furniture and decor are inviting and comfortable. This means choosing furniture that is comfortable and inviting, as well as adding in cozy accents like pillows and throws.
By following these tips, you can make even the most empty restaurant or bar space look inviting and welcoming. The first step to getting the bar and restaurant crowd back in your space is to make your space feel inviting.
You’ll need to attract guests if your bar and restaurant are in a busy entertainment district. You may not get the same amount of customers you had before, but you can still attract a crowd.
5 Key steps to managing a successful restaurant and bar venue business
In any business, but especially in the restaurant and bar industry, there are key steps to take to ensure success. If you’re looking to manage a successful restaurant or bar venue, here are five key steps to take:
- Understand your target market and what they’re looking for.
- Location is key – choose a location that will attract your target market.
- Create a unique and appealing concept that will set you apart from the competition.
- Hire experienced and knowledgeable staff who are passionate about the industry.
- Promote, market, and advertise your venue to get the word out and bring in customers.
By following these key steps, you’ll be on your way to managing a successful restaurant or bar venue. A restaurant and bar venue business is a successful business model which is highly recommended to anyone interested in the hospitality business.
However, it is important to set a plan upfront. This will help you avoid any potential mistakes that could lead to the demise of your business.
Make your restaurant and bar space successful with Storefront
Any type of space can thrive on Storefront, from vacant retail space to industrial lofts.
After all, one thing that makes Storefront unique is its diversity of options.
Maximize Your Storefront Listing
Once it’s published, Boost it.
Boost your listing for more inquiries
- Once you’ve created your listing in the Storefront platform you will have the option to Boost it.
- Boosted listings appear at the top of search results, outranking similar spaces.
- Boosted listings receive more views, inquiries and bookings.
- Boosting a listing is a monthly subscription that can be canceled at any time.
- The cost to Boost a listing depends on the type of space and location.
- When your listing is live you will see a Boost button next to each listing in the ‘manage listings’ section of the platform.
How to make money with renting your commercial restaurant and bar space?
In today’s economy, many commercial restaurant and bar owners are looking for ways to make extra money. One way to do this is by renting out your space to others. Here are a few tips on how to make money by renting your commercial restaurant and bar space:
- Make sure your space is clean and presentable. Nobody wants to rent a space that is dirty or in disrepair.
- Advertise your space in the right places. Put up flyers or post ads online in directories that cater to those looking to rent commercial space.
- Be reasonable with your rates. Don’t try to charge more than the going rate for your area, or you may not get any takers.
- Offer incentives. Throw in a free day or two of rent for those who sign a longer lease.
- Be flexible. If someone wants to rent your space for a short-term event, be open to it.
Always remember that the best way to make money is to make your tenants happy, so they renew their leases. That being said, ensure there are options to keep the space open if a tenant leaves. A restaurant and bar space for rent needs to be as inviting as possible for a business owner to want to rent it.
5 Ways to monetize your restaurant and bar space
If you’re looking to monetize your restaurant or bar space, there are a few options to consider. Here are five ways to monetize your restaurant or bar space:
- Offer private dining or event space.
- Rent out your space for private parties or events.
- Allow outside catering companies to use your space.
- Offer space for product launches or other promotional events.
- Use your space for pop-up shops or other retail opportunities.
Each of these options can help you generate additional revenue for your business. Consider which option would be best for your business, and start monetizing your restaurant or bar space today!
There are many ways to monetize your restaurant and bar space. The best way to decide what is right for you is to consider your business’s needs and create a plan based on your goals.
Advertise your restaurant and bar venue on Storefront for free today!
Renting out restaurant and bar space
There are many things to consider when renting out restaurant and bar space. The first step is to decide what kind of atmosphere you want to create.
Will it be a casual gathering place or a more formal dining experience? Once you have a vision for your space, you need to find a location that fits your needs. The size of the space, the layout, and the amenities offered should all be taken into consideration.
If you’re looking to rent out restaurant and bar space, it’s important to do your research and find a space that fits your needs. With a little planning, you can create the perfect atmosphere for your business.
Some restaurateurs foresee a future in which they can make money by renting out parts of their establishments to other entrepreneurs, who will pay them to use their kitchens and dining rooms to attract customers.
Since the restaurant business is so difficult, some restaurateurs are willing to try almost anything to make it work. Although the idea of renting space out to other entrepreneurs is likely to raise many legal questions, most restaurateurs believe it will happen.
Guidelines for renting out restaurant and bar space
When it comes to renting out restaurant and bar space, there are a few things you need to keep in mind.
- First and foremost, you must ensure that the space you’re renting is up to code and meets all the necessary safety requirements.
- Secondly, you’ll need to ensure that your rental agreement is clear and concise so that there are no misunderstandings down the line.
- Lastly, it’s important to be mindful of your surroundings and the other businesses in the area to create a positive relationship with the community.
By following these simple guidelines, you can make the process of renting out restaurant and bar space a breeze. Owners should understand the financial, legal, and practical concerns of opening their space to outsiders, then decide whether they feel comfortable with the risks.
Advertise your restaurant and bar venue
If you’re looking to attract new customers to your restaurant or bar, there are several ways to advertise your venue. You can start by targeting your current customers and asking them to spread the word to their friends and family. You can also take out ads in local publications or put up flyers in strategic locations.
Or, you can get creative and come up with your marketing campaign. Regardless of your approach, ensure you’re consistent in your messaging and that your ads are well-designed and professional. Advertising your restaurant and bar venue is essential to running a successful business.
You need to consider what your customers want and how to capture their attention and make the most of their visit. Good communication is key to a successful restaurant and bar. Advertising will give your venue a competitive edge in the marketplace and drive more customers to visit you.
Frequently Asked Questions
Having a live listing on Storefront requires a paid monthly subscription. However, we offer a free 45-day trial which doesn’t require credit card or bank details to get started.
After the free trial ends you will have to upgrade to a paid subscription to keep receiving inquiries.
Storefront takes 20% of the rental price as a transaction fee. This all comes out of what the renters pays. When you set your price in the platform you will clearly see how much you will receive per transaction.
Storefront offers a free trial of 45 days for new listings. After 45 days you will have to upgrade to a paid subscription to keep your listing live.
At the end of the 45-day free trial if you do not upgrade to a paid subscription your listing will be deactivated an go offline. Offline listings will no longer be visible to renters and you will no longer receive inquires
Once a space goes offline you will need to upgrade to a paid subscription to put it back online. As soon as you subscribe your listing will be visible to renters and you will start to receive inquires again.
Unfortunately not. Duplicate listings will not be approved and any such listings will not go live until the Listing Owner upgrades to a paid subscription.
After your 45-day free trial has finished you will need to upgrade to a paid subscription to keep your Listing live. The subscription is a monthly price that varies country to country. In the United States it costs $49 a month. Prices for other countries are similar but vary slightly depending on currency.
You can use the chat function to speak with renters in the platform. After you have worked with us for a
while you will be able to speak directly with them by clicking the ‘Request To Call Back’ button. This will
allow you to arrange a time to have a call with the brand. Please note: This functionality is not available to
everyone and we reserve the right to remove it if we feel it is not being used responsibly.
It usually takes 3-7 business days to process your payment.
Once you have confirmed your availability with the contact, you can click the button that say “Arrange
a visit” here you can suggest multiple dates and times that the brand can select.
A broad range of brands and renters use Storefront to find venues and spaces for their projects. From high street apparel to
high end showrooms and corporate events. If you make it clear in your listing what types of renters your space is
most suited to (including, event type, description, minimum duration, pricing etc.) you should only receive inquiries
from renters within your target demographic.
We do not organise viewings if you manage the listing. A select number of Storefront Listings are operated by the Storefront Concierge team but this is only for a very small number of listings and is a billable service (you will probably have to pay for it).
If you would like Storefront to manage your listing (including visits) please let us know and we will see if it’s something we are able to accommodate. There may be a fee involved. The best option will be for you to arrange your own viewings
All types of commercial real estate perform well on the Storefront platform. Anything from retail, photo studios and art galleries to showrooms and warehouses. We attract a broad range of renters looking for all manner of use cases.
If the brand wishes to rebook, please instruct the brand to go back to the Storefront listing and rebook.
This is part of Storefront’s terms and conditions of usage and if you do not correctly follow this process we reserve the right
to pursue any guilty parties for breaching the terms and conditions.
Yes you can you can refuse a project if you feel the inquiry does not suit you or your listing.
Once your listing(s) has been published on Storefront you are immediately visible to potential tenants and able to start receiving inquiries. However, it is highly recommended that you scroll up and read the ‘How to succeed with Storefront‘ section of this page.
A highly optimised and well-managed listing will receive more inquiries and you will get more out of the Storefront platform. Optimising and managing your listing is straightforward, easy, and well worth the few minutes it will take.
We have created this video to help you.
You can also Boost your listing for a monthly subscription. This is done after your listing is published and live and will ensure your listing is one of the first relevant prospective renters see when searching the Storefront platform.