Thinking Out-Of-The-Box can make you earn extra cash.
The greatest challenge of those who run a restaurant is to find a way of getting the customers into their place throughout the day—especially during the off hours between lunch and dinner. You have to pay rent, utilities, and other overheads, and staff, regardless of whether the tables are filed or not. So the question is how to generate cash even though there aren’t customers.
A recent report from the New York Post reveals three cool new apps that can be quite helpful.
The first is Lulu. This app has its origins in the UK because the “loo” is where you go when…well…you need to go.
If you sign up for this service, you’re making your bathroom facilities available to the public – for a fee. Users of the service are able to see your location, your hours and any age limits (maybe you’re running a bar?) on a map that shows your location, along with others that are making themselves available for those needing a nature call.
The cost to you is nothing – customers are required to pay anywhere from $.99 to $3.99 for the use of your facilities and you keep a commission. Depending on your entrepreneurial capacities, you can offer visitors coupons or other incentives to actually contribute in your food and drink instead of just using the facilities. The app is currently being tested in the New York City area and will be available for general customer use there this summer.
Leave your luggage!
Apart from your bathrooms, if you have an additional space in your restaurant that could be used, then you may sign up for Bagbnb. It’s like Airbnb…but for suitcases. Like Lulu, users of this app can learn which restaurants are available for them to leave their bags for the day while they tour around the city. The cost is about $6 per bag, and you get half – furthermore, any revenues you can innovatively make from the added traffic coming through your door in the middle of the day.
“It can be a little hectic in the morning when you have ten people lined up ready to drop off their bags,” Chelsea Feldcher, a manager at Pennsylvania 6, a restaurant near Penn Station, told the New York Post. “But obviously any extra revenue is great for us and we are introducing new people to the restaurant.” Her restaurant began using Bagbnb a few months ago and is now pulling in about $2,000 a month. She also says that some of the people who leave their bags are also eating or drinking at her restaurant. Unlike Lulu, Babbnb is available in dozens of cities around the world.
Turn your restaurant into a shared office
Finally, there is an app known as KettleSpace that is excellent for the laptop-toting crowd longing for a fast internet connection and little peace and quiet. By signing up for this service, freelancers and entrepreneurs will have their own space for $99 per month for a membership fee to take advantage of an office-away-from-their-office.
Apart from being quieter and with an internet connection faster than the typical Starbucks, other incentives restaurants are offering include free coffee, snacks and meals. This is a less expensive alternative to co-working spaces like WeWork. For some restaurant owners, KettleSpace is also providing extra cash. “It’s newfound money for us,” one restaurant owner said in the Post story. “This has the potential to reach $3,000 to $5,000 a week for us, which could slash my rent by up to 30 percent.”
Definitely, the restaurant business is difficult. But, with the sharing economy and a few smart applications, owners of some eateries are figuring out how to operate their expenses and even attract new customers.