The COVID-19 pandemic hit a reset button in the commercial restaurant industry. Restaurant owners in the United States continue to seek new ways of surviving this new normal with a keen focus on keeping customers satisfied.
If you’re a restauranteur, this can mean a fresh start or planned renovation efforts. Any option you choose can’t be far from right.
However, there’s no promise that everything will be smooth. It may take a lot of time and planning efforts to succeed with your restaurant renovation project. On that note, check out these tips for renovating and updating your restaurant.
Have a Plan
Restaurant renovation projects can have several implications for your current situation. The whole process can include relocating to bigger spaces for some restaurant owners, and you may need to sell off old restaurant equipment.
That’s where restaurant liquidators come in handy. As a restauranteur seeking to upgrade your restaurant, restaurant liquidation can be a great way to identify where much value lies.
A complete restaurant liquidation can help you retail your restaurant supplies using the proceeds for brand new ancillary supplies.
Restaurant liquidators may begin the process with an appraisal to determine the entire value of your restaurant in its existing situation. The appraisal insights help them know what prices to expect at equipment auctions.
However, managing the different elements of your renovation process can be frustrating. That’s why drawing a plan that spells out what to do and when can be the best choice.
Determine your Budget
Renovating your restaurant may require capital-intensive spending, depending on your objectives. Besides restaurant equipment purchases, you may need to do equally heavy spending on tiles, door handles, and other essential renovation materials.
Binding all these expenses together in a comprehensive budget can be a great option in managing your finances efficiently. Having a budget can also guide you in making cost-cutting new equipment purchase decisions.
For instance, buying restaurant supplies from retail brands close to you can help you cut down on transportation costs. So, supposing you’re in Spokane, enlisting a Spokane restaurant equipment specialist to supply all your equipment needs can be a great option.
Select a Theme
Setting a theme for your renovation project can help visualize your restaurant’s new look, which will also inform the decor decisions and design services you might need for your restaurant renovation project.
However, theming your restaurant’s design needs may require technical services from seasoned architects and interior design experts.
These professionals can help you visualize your renovation project’s end. That way, you can make tweaks to your color scheme and furniture choices.
Beyond the technical services, it pays to ensure your customer needs reflect your design choices, which can ramp up their appreciation of the restaurant. However, note that different market segments may have varying needs.
For instance, millennials may prefer urban architectural themes compared to the countryside. Therefore, it pays to research your market before acting on these insights for your restaurant’s design choices.
Your restaurant’s renovation doesn’t only apply to tangible things like your furniture, walls, etc. As a restauranteur, renovating your restaurant might be the best time to upgrade your services.
Suppose your restaurant doesn’t have a digital channel for its services. In that case, you can use this opportunity to launch a mobile app or website, which can be an excellent option in response to the COVID-19 pandemic and its long-lasting effects.
Going digital with your restaurant’s services can be a great way to generate revenue from virtual orders. Generally, your restaurant can benefit significantly from your renovation efforts if it’s well planned and tailored to the needs of your loyal patrons.