An Outdoor Dining Area Could Be Your Ticket to Increased Revenues
The ROI of Dining Outdoors
Increasing revenue for cafes, restaurants, and bars can be as easy stepping outside. One of the greatest opportunities in the hospitality business is to extend outdoors for guests to indulge in outdoor dining, relaxation, and socializing. Adding a patio is a win-win for restaurants – guests will love dining al fresco, and increasing the footprint of a restaurant, lounge, café or coffeehouse is a great way to add more revenue and gross profit. Discover the ROI of outdoor dining furniture!
Doing the Math
As a restaurant, bar, or café owner you may want to run the numbers and see what the ROI is of going outside.
This modest example illustrates a sizable ROI potential: In this example of a small outdoor space, keeping a patio open an additional 15 days in a season can return over $60,000! Say we have a casual dining restaurant with a $20 per seat food average and $7 beverage average. The small sidewalk space available will fit only six tables with four seats.
15 (DAYS) x 24 (SEATS) x 27 (DOLLARS) x 12 (TABLE TURNS) x 0.5 (CAPACITY) = $60,750
With $60k in receipts from just 15-days of seating (and just 12 table turnovers at 50% capacity), opening a patio and outdoor seating area will not only provide significant ROI, it is a new stream of future revenues season after season. In areas where the warm weather sticks around longer the return is very significant.
Selecting Outdoor Dining Furniture for Restaurant Patios
Choosing outdoor dining furniture is an important decision. Select furniture that is a natural extension of your existing restaurant, cafe, or bar. Commercial outdoor furniture is the best choice as it is designed for the use and abuse of outdoor dining areas. Commercial dining furniture is available in colors and styles to match any theme. Maximize ROI with commercial dining furniture that will last season after season and reduce liability due to its commercial design.
Contract Furnishings International is Your Source for Factory Direct patio furniture and pool furniture; restaurant and cafe seating; tables and outdoor furnishings of all kinds. Our vinyl strap aluminum pool and patio furniture (perfect for decks and balconies too) is a collection of Next Generation, Truly Commercial, Premium Quality powder coated pool furniture, with a strong focus on Safety Features.
A comprehensive selection of Grosfillex brand commercial resin furniture is also available. Premium quality exterior wicker furnishings are offered in several extensive collections of styles. Market, beach, cantilever, and concession umbrellas make up our umbrella line. Park and Playground products include picnic tables, park benches, trash cans, and more.
We listen to customers and help them select furniture and furnishings that best meet their requirements. At Contract Furnishings International you get the respect and customer service you deserve. Thank you for choosing Contract Furnishings International as your outdoor and indoor commercial furniture provider.