Why Valet Parking Increases Restaurant Revenue

Restaurant Valet Parking Increases Revenue

They have become a common sight in most large city’s, valets waiting outside restaurants ready to relieve you of your car, and that annoying problem of finding a parking space. There is a reason for this, not only does it attract more customers, valet parking increases restaurant revenue in several ways.

As more and more restaurants continue to open in busy city centers and downtown areas parking is getting harder and harder to come by in many metropolises and small towns alike. Many restaurant owners overlook figuring out a parking solution when providing sufficient parking, especially during the peak seasons may be their key to success. This is why a growing number of restaurants, bars and retail stores are now offering guests valet parking.

Keep Regulars Consistently Coming Back

Parking is sometimes a major issue depending on where you’re located. If your restaurant is snugly situated downtown customers have to drive specifically to your restaurant or bar to eat. Not knowing if they’ll be able to find a parking space will seriously deter many potential customers, especially regulars. It’s important to ensure that regulars and newcomers will all have a place to park even when it’s the busiest time of the year.

Why Its Time to Valet

When you’re applying for a permit with the city but can’t afford (or find) a nearby lot to purchase or rent, you may feel dead on arrival. Thriving cities are simply running out of parking spots and developments where parking is feasible. Even if you’re planning on providing parking spots the block surrounding your restaurant may already be full.

One way to circumvent this issue is to purchase a valet podium and start your own valet service or hire a valet company to handle it for you. It’s an investment, but the promise of carefree parking will bring in enough additional business to pay off the investment in full. In fact, if you add your own valet service it actually creates an additional source of revenue.