Expert Insights on Restaurant Real Estate and Site Selection
2 Min Read By Jennifer Pecoraro-Striepling
In today's ever-evolving economic climate, characterized by escalating retail prices and a limited number of desirable properties, restaurants face a significant challenge in finding suitable locations that align with their criteria. Creating a specialized real estate strategy has become more essential than ever for brands.
Small Footprint ModelPapa Johns has effectively navigated the real estate market by embracing innovative design strategies and maximizing the flexibility of its floor plans. One of the key elements driving the brand’s success is the introduction of its new smaller footprint model, which has broadened the pool of potential locations. This strategic moves has allowed Papa Johns to tap into new markets and reach a larger customer base.
Additionally, Papa Johns takes a versatile approach to its floor plan, considering it as a kit of parts that can be efficiently adapted to spaces ranging from 900 to 1,500 square feet. By collaborating with operations, the…
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