Second Generation Restaurant Space

          The investment required to open a new restaurant can be considerable .   This is especially true if building a restaurant from the ground up .  However a great way to save on the capital investment required is to take over a location that was already built to be a restaurant and is now available to be converted into another concept .   This is " second generation space " and the savings lie in the fact that much of the necessary infrastructure is in place .  Examples of such costs include

1. Hood systems
2. HVAC
3. grease traps
4. plumbing
5. kitchen equipment
6. electrical work
7. "soft costs" including deign, permits , etc

        Depending of many factors the value in such space can vary but carefully evaluated it can be a material capital investment savings for the new restaurant .  This can result in lower debt service and break even point for the new venture .