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Feasibility Study brochure
1. Hospitality Quality Assessments & Audits
International Restaurant & Hospitality Consulting
About Us
Has helped many Global Hospitality Service Companies
Increase Quality of Operations, International Restaurant and
Guest Experience and Brand Hospitality Consulting Group is
Protection for over 25 years with a team of highly experienced
our Operations Assessment and and knowledgeable restaurant,
Brand Audits. retail and hospitality
consultant professionals. Our
team members are former
Chief Executive Officers,
Operators, Owners and Vice
“Reliable due diligence will most often Presidents of some of the
largest hospitality companies
determine the success of an investment, or
in the world. The core value of
business decision”
our group has always been to
Exceed Expectations and
Deliver Results to our clients.
Our Feasibility Assessments Contact us today for a free
. consultation: 877-259-9196
A feasibility study is an invaluable tool in evaluating the
probability of success and risks associated with your restaurant
project. Our team will travel to your location and compare your
concept’s unique features with your specific site attributes and
then present a financial forecast of your business to you. Typical
with most feasibility studies we will:
International Restaurant & Hospitality Consulting Group All Rights Reserved www.IRHCgroup.com
2. Feasibility Study –
o Conduct site visit to inspect nuances of your location, the local community, and
competitive set
o Establish the primary, secondary and tertiary trade areas
o Analyze the dominant demographic and lifestyle groups in your trade area
o Determine the target guest profile and depth of guest profile within the primary trade area
o Determine the size of the targeted groups
o Review the competitive set of restaurants
o Determine over-served and under-served concepts and categories to identify the holes in
the market
o Establish other popular restaurant concepts in the market for comparison, opportunity.
o Evaluate sales performance of local restaurants vs. national averages
o Review and identify all possible traffic and location barriers for the current site
o Present estimated annualized sales projections for the new restaurant concept based upon
our findings
o Create a Best Case, Worst Case and Likely Performa based upon your concept, and know
variables.
o Estimate builds out and preopening expenses based upon your design concept.
How do we do it?
By analyzing financial data, interviewing key executives, reviewing unit level
operations and brand position/customer research, International Restaurant &
Hospitality Consulting Group is able to provide you with the critical insight to make
confident and accurate investment decisions.
Other Services we can offer you are,
Our firm can also help you negotiate the lease and help secure or source out the property
location.
We also have partnerships with some of the best architecture firms to help design your
concept.
We can develop a detailed business plan based upon your concept design
International Restaurant & Hospitality Consulting Group All Rights Reserved www.IRHCgroup.com