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7 Reasons Opening a Restaurant Should Scare You

Chef Steven Howard | Chef's Blade

3. Go on the Fantasy Location Search

This is where you get to have fun and taste the dream a little bit. This is also where reality has a chance to rear its ugly head. Go visit commercial real estate offices in your selected neighborhoods and get tours of available properties. Don’t get too romantic about any location: You’re still weeks, if not months away from being ready to even consider signing a lease. This is purely a fact-finding mission. Then go visit local establishments and ask questions about monthly gas, power, water, sewer, and garbage franchise costs and fees. You may need to visit several places to get one that fits your conceptual model and a crazy enough owner to share with you.

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