Top Ways to Increase Revenue When Remodel Restaurant

Why remodel a restaurant?

Nowadays, customers don’t just go to restaurants to eat, they go to restaurants to eat, meet and experience the atmosphere at the restaurant. A restaurant with good food, good service and good design will attract more customers and keep them coming back. That’s great for renovating your restaurant and growing. In general, reasons to renovate your restaurant include:

Increase sales

the renovated restaurant will become more attractive, it will attract more customers and help your restaurant increase revenue. A small restaurant renovation can increase revenue by 10%, while a major renovation can increase profits by 50%. Therefore, for long-term financial benefits, you should renovate your restaurant.

Better competition

The restaurant industry is highly competitive and requires constant innovation, so renovating your restaurant can create novelty and stand out from the competition.

Increase customers’s experience

There are many different elements, such as design, furniture, decoration, lighting and color, to create an attractive and exciting atmosphere, while attracting new customers and maintain current customers. A relaxing and inviting setting will also encourage customers to stay longer and spend more.

Use space more efficiently

By improving the restaurant layout, you will be able to optimize the use of spaces such as the kitchen area as well as the dining and bar spaces to ensure staff can work as efficiently as possible as well increasing customer experience. Then customers will enjoy the feeling of openness and comfort.

Prioritize cleanliness

A restaurant with a clean appearance, utensils, equipment and smell increases the experience and safety of customers, thereby motivating them to return.

Improve energy efficiency

Restaurant energy costs are small spaces. Renovating your restaurant is a good opportunity for you to equip yourself with new energy-saving equipment and reduce your monthly costs. New electrical and lighting systems, better thermal control and double-pane windows can all help you save on energy costs as well as help you protect the environment.

Increase employee performance

Renovating rows helps to have a more interesting and comfortable working space. This can help improve employee morale and attitudes, and can also make it easier to recruit and retain your employees.

Plan for restautant remodeling

Successful and effective restaurant modeling require careful planning and consideration. Be sure to consider the following during the planning stage:

Target

List specific goals when renovating the restaurant. For example, how much will revenue increase? Do you want to attract key customer groups such as young people? Create a new look to prepare a plan to open a restaurant chain. You also determine the priority level from the top down, the renovation will be much easier and faster.

Customers

Need to survey what your target customers want when coming to the restaurant? Products, restaurant design, service style, shopping methods (on-site, take away or online).

Budget

Determine how much you can spend? In that budget, how much money do you have and whether you can borrow more or not? It is necessary to have a file detailing the items that can be spent so that you can cut down the items that are not too necessary and focus on the necessary items.

When should you remodel your restaurant?

A restaurant will become stale and boring to customers after 5 years. As this time approaches, you should prepare a plan to remodel your restaurant

When planning, the best time of year to improve or remodel your restaurant is during the off-season. For example, you may want to make improvements in the winter, when business tends to slow down, and you may also be more likely to negotiate prices with contractors in the winter.

How much does it cost to renovate a restaurant?

This is a complicated question because the cost of renovation will depend on many factors, such as:

  • Restaurant size
  • Equipment, furniture
  • Quantity and quality of materials
  • Scope of work: new construction, remodeling or renovation
  • Work categories: plumbing, electrical, HVAC;
  • License

The average restaurant renovation cost starts at $90 and can go up to $160 per square foot if the space was previously a restaurant. If you’re renovating a space that wasn’t previously a restaurant, costs can skyrocket to $300 per square foot, or even $800 for high-end interiors.

How long does it take to renovate a restaurant?

The time it takes to renovate your restaurant will depend on the amount of work. Restaurant renovations can take from 4 to 12 weeks to complete. This time includes construction, excluding preparation time, space design and permit application.

Restaurant renovation ideas

Here are some tips on making your restaurant look better without much effort:

Solve important problems first

Before doing more creative restaurant renovation ideas, set aside budget to solve the priority issues of ensuring good restaurant operations. For example: electricity, water, gas, heating, exhaust systems.

Focus on adding value from target customers.

There needs to be in-depth research on attitudes and consumer behavior from the target customer group. Stick to the goal of creating a fresh change to your décor and dining space to attract more customers.

Beautify your facade

If you were in someone else’s role, which restaurant would you visit when walking down a street? Of course, you will visit any restaurant that has an eye-catching and trust-inducing restaurant exterior. The restaurant’s exterior should be designed in a clear style, you can make the entrance stand out, have LED signs, murals painted by local artists or large windows that help customers get a glimpse of what’s going on. what’s inside?

Attract customers with your delicious dishes and unique promotions by writing them on the sign in front of the restaurant. You can attract more customers with sounds and smells. Ideas that attract customers on the front end have a very good effect on revenue.

Rearrange the layout

When renovating a restaurant, you need to focus on re-arrangement because customer needs and business trends may change. Rearrange all areas from outside, reception, kitchen and dining area. The dining area is the most important. You need to utilize every foot of space possible to give your customers the most comfortable dining experience.

Tables should be arranged so that every table is easily accessible and has clear paths to the bar and bathrooms as well as the kitchen and server areas. There can be plans to change the layout when there are different customer groups, different events or occasionally rearrange to have a new space to create a new feeling for customers.

Invest in the bar area

A bar can bring many benefits such as seating, a demonstration space for the bartender, and a place to introduce the restaurant’s special products/programs. The bar is designed so that customers can easily access it. A bar where customers enjoy drinks prepared by professional bartenders will increase customer perception as well as restaurant revenue.

Consider adding a patio

A terrace will give customers new experiences instead of staying in a closed room, you can equip tents, patio covers, igloos, and heaters. When you have a sage roof, you will add significant revenue streams on favorable weather days.

Install new lighting system

Proper lighting is one of the most important elements of a restaurant because it helps increase appetite and experience the beautiful, sophisticated space of the restaurant. Ambient lighting will help illuminate the entire restaurant. Task lamp above or near each table. Use accent lighting to make art stand out on walls, spirit areas, and any other special places you want to make it.

Install new flooring

New flooring not only makes your restaurant more beautiful but also increases the level of luxury and cleanliness. Choose materials that have colors that match your restaurant’s style and are durable and less maintainable.

Refresh the space with green plants

Ideas like adding new plants seem simple but bring freshness and nature to the restaurant. It is used both for decoration and to bring a pleasant feeling to customers.

Local artwork

Local customers will be happy when you hang works of art such as pages, statues… in your restaurant. Most local artists will happily partner with you to turn your restaurant into a welcoming community space where people enjoy socializing and learning all about the hottest emerging artists.

Digital menu

A tablet menu, for example, will make customers feel like the restaurant is modern. If there is combined software, it will link with the kitchen, helping to provide closed customer service: from ordering, cooking to serving. pay money. If you use QR codes, it will help customers make quick choices.

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