Commercial Real Estate | Tomarchio Enterprises

What are 3 Things Every Retail Space Needs?

Trying to decide on a retail space? Not sure what you should be looking for? Don’t worry, we’ve compiled a list of three things that every retail space you consider should have. Keep reading to learn more. Prime location Location is everything when it comes to retail spaces. It makes the difference in whether you’ll do hundreds in sales a day or thousands in sales a day. You need a place that has high foot traffic and in an area that your target demographic frequently visits. Ask yourself these questions when thinking about location: Will [...]

Finding the Right Retail Space in Maryland

Maryland is a state that has a lot of prime retail locations. It can be hard and confusing deciding on where you’d like to set up a shop. That’s why we’re here. Take a look at how you can find the right retail space in Maryland for your business. Who Are You Serving? Maryland has a wide range of demographics so you have plenty of options on who you want to serve. Ultimately, who your business wants to serve, or your target market, will determine the best location for your retail space. Do you want [...]

Where Can I Open my Business in Mt. Airy, MD?

Mount Airy, Maryland is a wonderful place to open a business. Did you know that in 2018, the average median household income for Mt. Airy residents was $117,341? This is higher than the U.S. median household income at that time which was $63,179. There is money to be made in this community, but where your business is located in it makes all the difference. Things to Consider When looking for a commercial property in Mt. Airy, keep in mind three things: Location Growth potential Access routes Where is the property located? Is it a high [...]

Key Features to Look for in a Retail Space

If you are in the market for a new retail location for your business, there are so many things to take into consideration. Everything from the geographical location and accessibility to foot traffic and parking need to be taken into account. Location and amenities can make or break a retail business, so choosing a location shouldn’t be taken lightly. Let’s look at some major factors to consider when choosing a retail space. Location While location isn’t the only thing that matters, it does matter a lot! The location of your retail store can have a [...]

Choosing a Location for Your New Business

So, you’re starting a new business venture. Congratulations! But, before you can get started, there are plenty of things that you need to consider to ensure your success. After all, a new business can be risky. Failing to examine all the risk factors could land you in hot water down the line. Picking the right space to conduct your business is vital, especially when you're offering products or services to the public. Let's take a look at some things to consider when you're on the hunt for the perfect Delaware commercial space to lease: Consider [...]

When to Consider a 2nd Location for your Business

Are you looking to build upon the success of your business's original location? Expanding your business by opening a second location can bring additional profits, new customers, and extra prestige. However, these benefits come with additional risks. Take some time to analyze a few key things before considering opening your second location. Are There Better Alternatives? Has your business truly outgrown its first location? There are less expensive alternatives for businesses that haven't truly maxed out their current markets. These include things like: Increasing staff Opening an online store Diversifying inventory Targeting new audiences If [...]

How to Lease Commercial Real Estate

Looking for your next commercial space in Seaford, DE? Looking for a commercial space can be a tiresome and tricky process. There are a lot of different steps involved and a lot of things that you should consider. To help you with this process we wanted to take some time today to talk about how you can lease your next Seaford, DE property. Review Your Business The first thing you should do is take stock of your business and all of your needs. You'll have to figure out exactly how much space you need, who [...]

What a Good Location Can Do For Your Small Business

“Location, location, location!” You've heard it before, but it bears repeating that your retail store's location will significantly affect how well your business does. In fact, the number one rule in commercial real estate is that location can make or break a business. Let's break down this rule and learn more about how your small business can benefit from the right location. Customers Can Easily Find You Even with the technology of Google Maps and other navigation applications, we still find a way to get lost every once in a while. The right location for [...]

New Year’s Resolutions for Your Retail Store in 2020

With the new year right around the corner, it's time to start thinking about ways to improve your retail store's reputation and grow your business. Here are some things to consider doing for your retail store in 2020. Rearrange Your Store Has your store had the same layout ever since its grand opening? It's time to consider switching things up. There are numerous floor plans that you can use to arrange your merchandise and both pleasantly surprise your customers and increase sales. Something that you need to consider when deciding on a new floor plan [...]

3 Signs It’s Time to Move Your Retail Store

There's a lot that goes into running a retail business, and it can be difficult to keep on top of everything. If you've noticed a downturn in business, then you may be thinking about moving. Here at Tomarchio Enterprises, we've been providing our commercial retail real estate services to Maryland for years, and we wanted to take some time today to talk about a few signs it's time to move your retail store. Sign #1: Decreases in Foot Traffic Any successful company knows the minimum amount of sales they need to make, and the minimum [...]