Restaurant Real Estate

Key ingredients for restaurant success

Finding the right location for your restaurant business requires careful consideration and market research. For over three decades, we have been advising restaurants and hospitality clients, from start-ups to well-established brands. When it comes to restaurant site selection, several factors need to be considered including:

1. Location: The location of a restaurant plays a vital role in its success. It should be easily accessible, have good visibility, and be in an area with sufficient foot traffic or target customers. Factors like proximity to residential areas, office complexes, tourist attractions, or transportation hubs can significantly impact the potential customer base.

2. Size and layout: The size and layout of the restaurant space should align with your business plan, concept, and target market. Consider the seating capacity, kitchen area, storage space, restrooms, and any other specific requirements.

3. Zoning and permits: Local zoning regulations should be reviewed to ensure the property is zoned for restaurant use. Necessary permits and licenses may be required including health department permits, liquor licenses and fire safety inspections.

4. Infrastructure and utilities: Existing infrastructure and utilities should be evaluated to ensure that it meets the proper requirements, including electrical, plumbing, ventilation, and water supply. Upgrading or modifying these systems can be costly.

5. Parking and accessibility: Adequate parking facilities or proximity to public transportation for customers and staff should be considered, as it will contribute to the convenience and attractiveness of your restaurant.

6. Competition and market analysis: It is important to research and understand the local market and competition in the area to determine if there is sufficient demand for your restaurant concept. Be sure to understand your unique selling points and market positioning.

We can help you navigate the process. Our knowledgeable restaurant experts work with you to find suitable listings, negotiate lease or purchase agreements, and provide valuable insights based on our years of expertise, cutting-edge technology and deep market knowledge of the restaurant industry. Browse through our restaurant spaces for lease or sale.

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Ruth's Chris Steak House at 881 Walt Whitman Road Melville, NY

The national steakhouse chain opened its third Long Island location along the Route 110 office/retail corridor. The 10,684 SF restaurant has seating for 343 people, which includes a main dining room, bar and three private dining rooms. Landlord represented by RIPCO.

Wonder at 128 West 23rd Street in Chelsea, Manhattan

Wonder, an exciting new restaurant concept that serves lightning-fast food delivery, takeout, and dine-in from 15+ iconic restaurants, opens in Chelsea, Manhattan. Tenant represented by RIPCO.

In the Shed at Country Pointe Plainview

Long Island eatery serving brunch, lunch and dinner. Approximately 3,000 SF plus outdoor patio. Landlord and tenant represented by RIPCO

Oddfellows in Brooklyn, Boston, Tampa

The creative, small-batch ice creamery with origins in Brooklyn, expands nationally to Boston and Tampa. Tenant represented by RIPCO.

Shake Shack at The Gallery at Westbury

The fast-casual eatery is situated on a 3,500 SF pad at one of the busiest shopping districts on Long Island. Landlord and tenant represented by RIPCO.

sweetgreen at 460 Bloomfield Ave Montclair, NJ

The 3,250 SF fast-casual healthy eatery opened their sixth New Jersey location in downtown Montclair. Tenant and landlord represented by RIPCO.

Starbucks at 21-03 Broadway Astoria, Queens

The 1,760 SF Starbucks end-cap is the perfect addition to Broadway Shopping Center, joining local retailers and eateries. Tenant represented by RIPCO.

Tocolo Cantina at Village Square Glen Cove

The 4,500 SF Mexican Cantina offers indoor and outdoor seating, as well as a lively bar, making it a new popular gathering spot for the Glen Cove community.

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