Whether you have found yourself a new place to build your restaurant or you’ve been in the business for a long time and need to revamp your area, a restaurant renovation might be just what you need to grow your business. But it is crucial to keep in mind that renovating your restaurant should not be something you jump into quickly and without planning. Instead, you should enter into the process armed with all the facts and proper planning in place.
When deciding whether a renovation is the best course of action for your restaurant, here are some things to consider.
Know Why The Restaurant Renovation Is Important
According to the world-famous National Restaurant Association in the U.S., every restaurant needs to undergo some sort of a renovation every five to seven years. This renovation is vital to keep your theme and reputation relevant to the market and increase your sales. Moreover, after your restaurant’s been open for a while, things can start to seem a little outdated unless you timely update your decor, layout, menu, and more.
Ideally, you would not want to wait for a renovation until your brand is struggling to move ahead. It would be best to try to make improvements when things are going well and you have the resources to get it done.
Know The Purpose Behind Your Renovation
Knowing the purpose behind your renovation can dictate many of your decisions later on. For example, choosing the right remodeling contractor with the relevant experience for the job, deciding on your budget, setting up a timeline, and more.
You may need to renovate for a lot of different reasons. Maybe you’re seeing a shift in the types of customers you’re attracting, and you want to add updates to get in sync with that. Or, perhaps you realize your look is old, prompting customers to choose more modern restaurants over you.
You might need to renovate your restaurant for more practical reasons such as adding more seating, updating the design to accommodate different sized parties, tackling wear and tear on your furniture and furnishing, adding a bar area, rebranding, or adopting a fresh look.
Select The Right Contractor
Selecting the right contractor for your renovation project is the most crucial step. The right contractor can make or break your renovating game. While selecting your contractor, make sure to keep the following things in mind:
- Always hire a commercial general contractor, and never a residential contractor for your commercial renovation projects.
- Hire a company with plenty of successful restaurant renovation projects in its portfolio.
- Take recommendations from your colleagues and those who have experienced a restaurant build-out or renovation in the past. Ask if they have had any good experiences with a particular contractor.
- Check online reviews and testimonials of previous clients before deciding on hiring a specific firm.
Know Your Budget
Next on the restaurant renovation checklist is knowing your budget. Your budget plays a crucial role when deciding how you want to renovate your restaurant. This is because remodeling projects can cost more than expected and may influence your decision on what type or extent of renovation you go ahead with. Especially if you have to close down your operations for a while, you want to be sure that the lost revenue and total cost of your renovation won’t cause financial hardship to the business.
Experienced contractors can help you figure out the cost of your renovation and help you design, plan and budget according to your requirements and renovation plan.
About BelVan Construction
BelVan Construction is a qualified and experienced restaurant general contractor based in Edmonton. We specialize in designing and constructing new restaurants as well as renovating old ones in a cost-effective and timely manner. For more information on restaurant renovation, visit our website, or contact us here today.