In this article we talk about how a cowoking restaurant can be an optimal solution to combine food business and remote working. Office rents are expensive for the pockets of many young professionals and the new very small companies created by the kids often cannot afford the costs of an office. So how do you get a workspace? The answer has already arrived some time ago with the coworking concept.
It is a form of Sharing the work environment by various figures, often young professionals, who, despite working in the same space, maintain an independent activity. .
Together they share the rent which is less burdensome, and maybe they even find a way to… collaborate in synergy, in some business opportunity.
For some young people, however, even this formula can be too complicated or expensive (you still have to pay a monthly rent), and based on this reflection, the formula of the Russian Ziberflats has been (re)discovered, even in Italy, the bars where you don't pay for what you consume, but for the time.
Some examples of this hybrid formula are:
- https://cstm.haus/newyork/
- http://www.cosycorner.work/
- https://cafezen.paris/espaces-de-travail
- https://www.blendbayridge.com/
What do you need to open a coworking corner inside your restaurant?
- First of all, a comfortable environment, well lit and with comfortable seats;
- a broadband line, better if fiber and powerful;
- a printer to be made available to coworkers
- a dedicated space if the restaurant is also open for lunch,
- convenient sockets at the various dedicated stations.
At a bureaucratic level, you need to make a change to your company's statute to also include the ATECO code for the coworking activity.
Is it worth opening a coworking space inside your restaurant? Let's do some calculations.
What the customer pays for in the case of a coworking space is not the meals, or at least not only, but the time. The places we have analyzed in Europe and North America that we have reported in the previous paragraph ask for rates of 4 euros for the first hour and 3 for the following hours (but it is possible to sign monthly or annual contracts). In these places there is often also a small free buffet available (almost like in airport lounges) which often also includes tea, coffee and cappuccino.
Let's try to do some math.
Assuming a flow of 30 customers/users for 4 hours each; with the rates we saw it would be €13 each.
Total €390 per day, so about €7800 per month for 20 days of monthly opening. To which are added of course the consumptions that the various coworkers will make from the restaurant's kitchens for which it is It is easy to imagine an additional income compared to the traditional restaurant business of around €10,000 per month.
The added value of Changes Coworking in launching this project.
The aim of this article is to provide some operational insights on the validity of the coworking restaurant business, it is also true that perhaps if your business is catering you may not have all the skills necessary to make this activity truly profitable.
- Do you already know how much to invest in marketing and which channels to use?
- Are you able to do a market analysis that can define the action and pricing plan to be competitive in the territory?
- Do you have a network or portal where you can list your spaces and book them online?
If you want to learn more about this topic here links you can go deeper How Changes coworking can help you achieve this business diversification
Until next time,
Giorgio Cappelli