Finding a restaurant operator - We are your contact for a successful tenant search

There may be various reasons why you are looking for a suitable tenant for your restaurant. We support you in finding an operator for your restaurant.

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Professional
consulting

Our contacts live for the hotel and catering industry. We are always on hand to provide you with professional and targeted advice.

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Determination of leasehold value

Based on past business figures, we determine a lease value for you so that you can pass on your restaurant at the right lease rate.

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Industry focus

We maintain an extensive network that has existed for over 25 years and specializes in the hotel and catering industry. This enables us to find operators quickly and successfully.

Individual operator search

We specialize in supporting property owners in the selection of suitable operators.

To do this, we look at the existing catering space. We also consider aspects such as the relevant location and planned or existing concepts. We are happy to advise you individually in all situations.

As a partner of tellerrand consulting and SODA Group, we have a network of experts that is geared towards all challenges in the hospitality industry.

Rental value of your gastronomy

Determining the lease value is the beginning of the collaboration. We accompany you from the determination of the lease value, through the approach of suitable operators, to the final lease arrangement for your restaurant.
In addition, we will calculate a suitable rent for you and provide you with recommendations on further lease conditions.

Our Frequently Asked Questions
to the subject finding a restaurant operator

Find out more about finding an operator in the catering industry and read our FAQ. If you have any further questions, we will be happy to talk to you personally.

FAQ finding a restaurant operator

Why should I look for an operator through Konen & Lorenzen?

With Konen & Lorenzen, you have a reliable partner for your operator search. For over 24 years, we have maintained the strongest network in the hotel and catering industry. With over 150,000 industry contacts and the cooperation of over 300 operating companies, we will always find the right operator for you. Konen & Lorenzen is the extended arm of the expansion strategy of numerous companies.
We use our experience to analyze your location and only approach suitable operators for the project. By approaching suitable operating companies in a targeted manner, we enable an efficient search for operators. Benefit from the advisory services of our experts, who will introduce you to the business models of the operating companies. We will show you the strengths and weaknesses of individual companies and provide you with comprehensive support in your search for an operator.

Who are the clients for an operator search?

We support a wide range of clients and motivations during the search for an operator. Institutional investors, owner cooperatives, private individuals and other groups make use of our operator search services.
We are also the right partner for you when it comes to company succession. Would you like to keep the hotel in your portfolio and have an operator continue to run your company? We can also offer you a large network of suitable operators.
We select suitable operators for different properties and locations based on the requirements profile. We can compare the potential of different operating companies and provide a reliable assessment of the success of the operating company.

How do you get listed as an operator?

Different locations and properties require different operators. Konen & Lorenzen provides support in the search for operators by transparently evaluating the operating companies.

This includes assessing the experience and track record of the individual operating companies. Our expertise enables us to directly assess whether an operating company is suitable for a specific location. If an operator is interested in a location, the so-called head of terms (key points of the lease agreement) are obtained and compared with other operating companies and the standard market values. We also evaluate the business model of the operating companies and thus facilitate long-term partnerships.

Which locations are operating companies looking for?

In recent years, many operating companies have focused on prime locations in the Big 7 cities. However, a trend towards B and C destinations can now also be seen. Alternative hotel and restaurant products in combination with digitalized approaches make it possible for operating companies to operate economically in many cities. We check the respective location with you and give you a direct assessment of whether there are suitable operators in our network.

How high is the standard market rent?

Two different approaches can be used to determine the market rent. On the one hand, reference values from previous leases in the past can be used for a valuation. On the other hand, percentages are defined as a rule of thumb which are considered economically feasible for an operating company.

A different percentage is applied depending on the business model. Restaurants, for example, are valued with a lease of 8% to 12% of total turnover. Full-service hotels in urban locations can generate a rent of between 12% and 19%, whereas hotels with a strong tourist focus pay around 14%. Limited-service hotels (e.g. Hotel Garnis) pay the highest rent, with a rent of between 19% and 23%.

The location, general facilities and condition of the property, as well as the desired use, must be taken into account when assessing the rent. We will be happy to provide you with an initial consultation free of charge.

About Us

Find out more about us.

HOTEL REAL ESTATE

We sell your hotel

The right operators for your hotel

for the hotel industry

CATERING INDUSTRY

We provide tenants in the catering industry

Interim Management

for short-term vacancies

Über UNS

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Hotelimmobilien

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Gastronomie

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