Ideas For Finding Commercial Space

Business By MimiFix Updated 14 Sep 2011 , 12:13pm by MimiFix

MimiFix Posted 12 Sep 2011 , 12:39pm
post #1 of 3

There are often creative ways to set up a business that falls outside our common thinking. I recently met a husband/wife team with an unusual story. They solicited community support and then found a very small affordable retail space which they shared with one other business.

If you know of other people who have found commercial space through an unusual route, please share their story with us.

2 replies
JaniceBest Posted 13 Sep 2011 , 11:20am
post #2 of 3

Thank you for posting this. I'm new to business and looking for an affordable commercial kitchen. The Fosters are a bit different but their philosophy doesn't matter. They are very smart in finding a way to be legal. So the overhead they pay each month is less than the cost of renting a shared kitchen?

MimiFix Posted 14 Sep 2011 , 12:13pm
post #3 of 3
Originally Posted by JaniceBest

So the overhead they pay each month is less than the cost of renting a shared kitchen?

Yes, it's very possible as the Fosters' have demonstrated. Storefronts with low square footage may cost less per month than renting by the hour. Of course it depends upon your location. These types of stores will be in less-than-ideal locations for heavy foot traffic so you need to have a wholesale business and continue with any retail business you have (such as farmers' markets).

Look at renting a storefront that was previously a small retail food business, such as pizza shops, delis, etc. The statistics that tell us many food businesses fail in the first few years, also tells us that there are up-to-code storefronts for rent. These spots usually have the necessary gas/electric/plumbing lines already installed.

Look at your business plan. You have to decide what you want and make a rational decision. Too many people don't take the time to think through their business ideas. Good luck, hon!

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