Key downtown location, Competitive rent, Fast move
Downtown, Váci Street, Budapest
Opening a restaurant on Váci Street, the main shopping street of Budapest was part of KFC’s dynamic expansion plan.
The client looked at every available market opportunity without finding an appropriate location, they still insisted on the target area in accordance with their original plans.
Looking into off-market alternatives we identified a retail unit that operated as a restaurant but was underperforming. We tracked down the landlord, reviewed the situation and introduced KFC as a potential tenant. The landlord quickly saw the opportunity in securing a reliable international tenant and decided to KFC take over the unit within 3 months.