New Coffee Outlet

Comments

• FreshCoffee2

  June 2006

  Re: "...what are your opinions on coffee outlets in building lobbies...." Very good idea, usually get good business from such locations AND they are usually only nice 5 day a week operations so you get some quality time at home on weekends so good quality of life BUT....you are reliant on what happens with tenancies in the building and therefore the location of your operation. For example, in Canberra where a lot of buildings house public service offices, you can be riding high on the crest of the wave for a couple or more years, then next thing you know the tenant moves out for 9 months while the entire building is refurbished....this can break you if you are not solid and or dont have other interests to keep you going. OR, they move an entire floor or three out for a refurb, minimising your client base, and keep doing this on rotation over a period of years... I think its a good idea to get some "guarantees" from the  landlords about the future of the site during your propoed tenancy, before signing your own lease. Regardz, FC.

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