What is an invaluable tool in evaluating the probability of success for a restaurant, hotel or really any business? A feasibility study. Our team at Truman Mox will compare your project’s features to others then provide you a financial forecast. In most feasibility studies, you can expect to receive:
- Review of the competitive set of businesses.
- Establish trade areas
- Review and identify traffic and barriers for your proposed site location
- Review the target profile of your customer and their size base
- Evaluate performance for sales
- Provide an onsite visit to inspect location, community
- Review of target demographics
- Determine your probability for financial success
Our team has an in depth knowledge of restaurants and hotels allowing us to provide valuable insight to your projects success. Whether a restaurant feasibility study or a hotel feasibility study. Our team can help you determine the likeliness for success.
Contact us today to get started on your feasibility study!March 3, 2019 12:00 am