One of the more difficult decisions facing a restaurant owner in selecting a site is whether to build out from a vanilla shell or take on a second generation site that has already been finished by a previous tenant. There is great value to an existing infrastructure – electrical, plumbing, lighting, fixtures, equipment – as long as they fit into the business model and architectural design of the new restaurant.
However, they may not fit, and the restaurant owner may be better off in starting from scratch and building their site to exactly fit their needs. Sometimes renovation costs with older infrastructure, hvac, roof, equipment, restaurant layout, bar, etc. can be greater than expected. At Meliker Realty, we provide guidance to our clients in this decision making process.