Renting a former restaurant space means greater due diligence

06/16/2011 | Restaurant Blog, The

Renting a vacant space to open a new restaurant often requires more homework since there's no track record to review or books to evaluate, writes restaurant blogger John Foley. Due diligence on a vacant former restaurant site should include asking the neighbors about the previous establishment and getting a feel for what the community thought of the now-closed eatery, to get a sense of what might make a restaurant succeed there.

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