The restaurant industry in Spokane is changing quickly due to the way people are reacting and adapting to the rules, regulations and restrictions caused by the COVID19 pandemic. Many restaurants have taken a big hit financially and several have close. There are however restaurant owners and operators that are adapting and thriving in this environment. Take out, delivery and patio service are a big part of what is helping restaurant owners survive and thrive.
As a commercial real estate broker and business broker in Spokane, WA I foresee the way restaurant operators grow in the future is by taking all of these factors into consideration. Restaurants and bars with a smaller foot print that have easy access, parking and drive thru capabilities will most likely be the most sought after. A restaurant with a patio will be desirable for people looking to open a restaurant as well.
Ghost kitchens if you haven't heard of them will also contribute to the revolution of the restaurant industry. Ghost kitchens are former restaurants and smaller spaces that have the high volume capability of restaurants but are built for the sole purpose of take out and delivery. These new style concepts focus on food quality and convenience but with out the overhead of full service restaurants.
John Powers
NAI Black Commercial Real Estate
Commercial Real Estate and Business Broker
Spokane, WA
