5 Ways To Renovate Your Restaurant With A Merchant Cash Advance

Posted by Karen Erdelac on May 9, 2018

5 Ways To Renovate Your Restaurant With A Merchant Cash AdvanceSuccessful restaurants are busy places.  Frequent renovations are crucial to maintain the reputation of your business and grow.  Proactive restaurant owners keep a constant eye on the future and ways to improve their business.  Driving revenue and growth requires an investment.  Here we’ve outlined five ways to responsibly renovate your restaurant.

Outdoor Entertainment

“A well-designed and well-equipped outdoor patio can be a boon for restaurant guests and owners alike, offering a pleasant, al fresco dining experience and an opportunity to boost traffic and revenues.” – Restaurant Development + Design

Your outdoor space can be used for additional dining or you can leverage it for entertainment purposes.  Outdoor areas can be a big draw for game day crowds and provide an excellent venue for live performances.  Both of which help to drive restaurant revenue.  Some investments to consider are an outdoor bar, televisions, outdoor heaters and a sound system.

Energy Efficient Equipment

“Because energy costs for these facilities typically account for between 25 and 30 percent of total operating expenses, upgrading equipment to be more energy efficient can increase your bottom line while also providing significant non-energy benefits including improved operating performance, more-uniform cooking, and increased kitchen staff comfort.” – Business Energy Advisor

Reducing energy costs, improving kitchen efficiency, more consistent food and safety are all major benefits of updating your kitchen equipment.  Sometimes the best way to improve the bottom line is by reducing costs.  While upgrading your equipment will require an initial investment, the long-term savings and boost to your restaurant’s reputation are well worth it.

Dining Room Furniture

5 Ways To Renovate Your Restaurant With A Merchant Cash Advance“Furniture is an investment; therefore, a restaurant should avoid buying non-commercial furniture. The price of commercial restaurant furniture reflects its ability to handle everyday wear and tear for years. For quality sanitation, tables, chairs, and booths that can be easily wiped down and cleaned are the ideal choice for a restaurant. As for fabric furniture, it should be stain resistant and colorfast.” - Sciacca

The comfort, cleanliness and condition of your dining room furniture has a significant impact on the customer experience and your ability to build a loyal base.  Purchasing high quality commercial restaurant furniture will ensure your investment doesn’t go to waste.

New Flooring

“When selecting restaurant flooring, there is much to consider. From cleanliness and comfort to safety and durability – the flooring within these environments faces many daily demands. With many significant areas, choosing the correct flooring option to meet the needs of each space is crucial to creating an appealing and comfortable space.” – All Things Flooring

Many restaurants depend heavily on foot traffic, and those feet, along with spills and accidents, can wear down your floors.  If you have carpet in your dining room, you may want to consider a more durable material such as wood laminate.  A new floor can really bring a dining room together and is an important piece in the overall aesthetic feel of your restaurant.

Fresh Décor

“Many restaurants find themselves with outdated decor because they're unable to keep up with changing tastes. Restaurant owners may also be overwhelmed or intimidated by costly, time-consuming, and large renovation projects. Fortunately, updating your decor doesn't have to be difficult, and making a few small changes can radically change how customers perceive your restaurant and its overall look.” – WebstaurantStore

Updating your décor to fit your customer base and the image you wish to portray for your restaurant is a worthwhile use of a merchant cash advance.  Atmosphere is one of the key factors in a quality restaurant experience and the right design can make your establishment memorable.

You don’t need to be on Restaurant Impossible to makeover your restaurant.  A merchant cash advance is a fast and easy way to acquire the capital needed to make your restaurant renovation ideas a reality. Apply Now

Topics: Restaurant