Loading ...
Downtown Business Opportunities: The 24 Hour Diner
As someone who has lived downtown for a little over a year now and being a transplant into the metro area for 6 years now from South Florida, I have often thought of missed business opportunities downtown, at least as I see it. With that in mind, I plan on writing a series of posts over the next several weeks or months that showcases what I believe are missed business opportunities that just need the right investors/capital to become a reality. With this being the first post in the series, I will focus on what I believe would be the best business opportunity for a downtown business.
Opportunity: The 24-Hour Diner
Business Case: Even just last weekend, I heard a skywalk cop tell a family with 3 small children that everything was closed after 5pm unless you they wanted an upscale place, where there children wouldn’t care to be, or a sports bar/pub. You don’t have a lot of other choices without traveling out to the burbs he said. I’ve also seen the late night/after bar closing crowd have to get in their cars and venture out on I-235 to either Euclid or 22nd/86th St to find a Perkins that is open 24/7 for late night breakfast or dinner.
In my opinion, either a mom-n-pop diner or a chain like Perkins or IHOP would do well downtown. Their food is inexpensive, quick and pretty good quality. The busiest times for the diner would be between midnight and 3am with the bar crowds, and Saturday/Sunday morning with the late breakfast brunch crowds, but if in the right location, they would be able to benefit from the 75,000+ work crowd during lunch Monday through Friday. Suggested menu would be 24-hour breakfast availability, and an assortment of standard restaurant fare such as burgers and sandwiches, with pricing in line with chains like Perkins or IHOP. For it to work, price, quality and service and location would all need to be serious considered.
Posted under Living Downtown
Tags: Business Opportunities
