There are many restaurateurs who own a very successful restaurant in one particular place and then decide that they would like to move it. This relocation can be to a different neighborhood or even to an entirely different town, and if you are in such a position then you should be aware of the numerous problems you could be about to face.
Perhaps your successful restaurant is positioned in an outlying suburb and you make the decision to move to Chicago, or your restaurant is in Winchester and you decide to shift to New York City. If you have been in the business for a fair few years now you may think you know everything that there is worth knowing, but I am here to tell you that you are wrong.
There is a big difference between a city and the towns that surround it. For one thing, everything in the city is a lot more expensive. Utilities are higher, salaries and rents are higher, and so is the insurance. There is also the issue that if you move your restaurant but remain living in your old neighborhood, you may also be faced with an expensive commute.
Your profit margin is likely to remain the same, or even a little higher, though the higher expenses will be likely to cancel out any improvements. Nor will you have the name recognition you may have enjoyed in your old neighborhood. Standards in the city may be a lot higher than you are used to, with a higher level of sophistication expected.
Moving a restaurant is not a choice to be made lightly.
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