So I have a home-based cake business (legal in NC) and my ultimate goal is to move into a retail space. I was at a block party with friends last night. My friend and I were talking about skateboards and to make a long story short my friend's neighbor owns a small strip mall type place here in town. There is a space that used to be a skateboard shop that is empty. It is in a great place with plenty of other places to bring in customers. So anyway I was talking to the neighbor (mall owner) and we were talking about my business and he told me if I wanted I could move into the space and see how my business goes rent free for 3 or 4 months and if things go well then I can start paying rent gradually until my business is making enough money to afford the rent. The space doesn't have to be leased (he offered it to my friend for free if she had a business to put in there). It is about 1500 sq ft so plenty of room. It will need the electrical put in (it has the box) and my brother is an electrician so he can put it in. It will also need the sink put in (has a bathroom). I have much of the equipment that I already need. Deluxe oven, 20 qt mixer, fondant sheeter, commercial fridge, commercial freezer, etc. There are some things I would need. And since if would be a bakery I would still be controlled by the Dept of Agriculture and not the Health Department. So anyways I am going to get the keys to check out the space. This could be awesome for me. Just had to share.
Awesome!! I mean, there's way more to a cake shop than just the space, but you know that and you've got lots of stuff figured out already. No rent for a while is a huge plus!!! Congrats, good luck, and do post pics when it all works out!
that is wonderful !!! let us know how it checks out !! post pics!! so happy for you !!!
Wow!! What a deal.
You'll actually be helping out the owner also, as there's nothing worse in real estate than a partially empty strip mall. Generating traffic into both your biz and the other biz(es) will be good for all!
That's awesome!! I just hope you don't get a case of sticker shop with the build-out costs to bring the space into compliance with the HD and DoA.
Hoping it all works out for you!
Congrats to you!!!
There was a thread not long ago about a new business and it was mentioned by, I think,
Indydebi to hold off using your ''3 - 4 months free rent'' until all the plans were OK'd and
all the work done. Her ''free rent'' was gobbled up by all that OKing & remodeling!!! So
it's something well worth checking into.
Again ~ CONGRATS!!!!
I would also make sure you get a contract stating exactly how much "rent" IS due and when that rent is due and so forth!
What a great thing for you!! I hope everything goes well and please do post pictures and let us know how the business is doing. Congratulations!
evelyn
How wonderful!!! Hope everything goes smoothly it seems like a win/win for you and the owner of the space. Certainly makes taking that first step a little easier I would think.
Enjoy!
That's awesome!! I just hope you don't get a case of sticker shop with the build-out costs to bring the space into compliance with the HD and DoA.
Hoping it all works out for you!
Luckily in NC there won't be too many things that I have to do. It is a lot different that states like Texas and CA.
I would also make sure you get a contract stating exactly how much "rent" IS due and when that rent is due and so forth!
Oh I plan on getting everything in writing so there will be no confusion.
Well I went and checked out the space today. It is a pretty clean slate so that is nice. The previous owner left all these cases and also the equipment for point of sale so I will be able to use that. The owner of the building told me I could use anything in there. My MIL and I are going to check out the space tomorrow so she can see it. I will have to talk to my brother (he's an electrician) so he can get the electrical done and then have to put in the sink.
I will. Right now I am writing a new business plan. Fun, fun. Tomorrow my MIL is going to look at the space with me. Once I get the business plan written then I will talk to the owner so I can figure out when I will start paying rent and how much it will be when I am up to the full amount. If it all looks reasonable then I will get my brother to get the license for the electrical work and get a permit for the plumbing and start working on getting the space ready. I will keep working out of my house for now filling all my orders until I am ready. I won't move until at least after ICES in San Diego.
I just got all my questions answered from the landlord and emailed him back tonight. I am super lucky with this. He is really helping me get my business out of my house. He is giving me 6 months free rent, names of people to get the work done to get the place ready and then we will slowly raise the rent until we get it to where the final amount will me. The space is about 1100 sq feet. There is already a bathroom. Luckily in NC we fall under the Dept of Agriculture and not the Health Department so the rules and regulations are much less strict. I have much of the equipment I already need. I want to get a 3 compartment sink but don't have to have one. There are lots of display cases already there that I can use and the equipment for setting up for POS. I need to get the floor taken care of, it's concrete, paint, get the plumbing done for the sink and a couple of 240 plugs in. Then I need to decorate and move all my equipment in. I have a whole bunch of equipment and supplies that we will need to move and for me I think that will be the most daunting task. I also need to get the signage done and update my website. If anyone has any suggestions or things so I don't miss anything all help will be appreciated.
Quote by @%username% on %date%
%body%