Restaurant Space Sharing Concept
Introducing the Restaurant Space Sharing concept. A platform that introduces a brand new revenue stream for restaurants.
We pair professional private/personal chefs, pop-up creators, food innovators, and aspiring restaurateurs with ideal restaurant spaces whose off-hours coincide with their availability.
Boost Your Revenue Without Increasing Overhead
In the restaurant business, being closed means losing money. Even when you’re closed, your overhead costs like rent, heating, and electricity remain unchanged. It may not be cost-effective to open on certain slow nights. Now you can now make those nights profitable without making any changes. Utilize the restaurant's unused hours or space to generate additional income without incurring the costs and commitments of a full restaurant operation.
Guest Accountability
Since we are working with restaurant professionals and experienced chefs, it is assumed and expected that GUESTs treat the restaurant space as their own, ensuring it is spotless, and all tools are returned to their proper places. If there are any damages beyond that amount, the GUEST is required to be on our insurance policy so as to shift the liability burden away from the HOST.
Insurance & Liability Coverage
Restaurant insurance can be complex—especially for a model as innovative as ours. That’s why we worked closely with experienced insurance professionals and legal advisors across multiple states to design a thoughtful and comprehensive coverage framework that fits the needs of our platform.
Enhance Your Space's Flexibility
Adapt your venue to a variety of different business models (e.g., casual pop-ups, exclusive tasting dinners, culinary workshops) with minimal effort or infrastructure changes. The flexibility of your space is maximized by the ability to share it in an Airbnb for restaurants model.
Increase Customer Loyalty
Collaborating with independent chefs with new culinary concepts can attract a variety of customers from food enthusiasts to individuals interested in distinctive dining experiences.
Partnering with unique chefs, restaurateurs, or pop-up events brings a new energy to the restaurant, creating buzz and attracting diverse clientele.
Off-Hour Alcohol Sales
A significant benefit for the HOST (restaurant) in this restaurant sharing model is the ability to generate additional alcohol sales during off hours, boosting overall profitability. By leveraging their existing alcohol inventory, HOSTs can enhance the dining experience and attract more customers.
No Long-term Commitment
There is no long-term commitment for any period of time whatsoever nor any contractual obligation from either side. These are ‘arrangements at will’ and can be terminated instantly with a simple verbal notification. No messy contracts, no cancellation fees. Either party is free to opt out at any point as they see fit.
Increase Brand Exposure & Marketing
Space-sharing creates opportunities for visibility, helping to grow your brand’s reputation in new markets.
Networking & Collaborative Opportunities
Connect with a network of talented chefs, restaurateurs, and hospitality professionals, enriching your offerings and experimenting with different styles.
Emphasis on Communication
Trust in a community where both HOSTs & GUESTSs can leave feedback, ensuring quality interactions and building trust within the shared space environment. Each shared Engagement Page, accessible to both GUEST & HOST through the portal, lists everyone’s contact information should there be any need to get in touch at any point.
Easy Payment Processing Integration
Geshmak provides an automated payment system that offers secure deposits and facilitates seamless transactions. All parties (Geshmak, GUEST, HOST) have access to their shared Engagement Page where they can view the revenue breakdown for each event.
Staffing Augmentation Possibilities
Restaurant Space Sharing also offers staffing benefits for both HOST and GUEST. Although the GUEST provides their own team, collaboration on ‘employee sharing’ is possible.
Access to Professional Expertise & a Talented Pool of Chefs
Expand your industry network extensively. Acquire new techniques, styles, and cuisines that you might integrate into your menu upon the conclusion of the engagement. This will enable you to draw from a refreshed selection of menu items, supported by real-life data indicating which of the guest chef's dishes were most popular with your customers.
Technology Drive Operations
When this concept was conceived initially, we knew we had a big idea on our hands. But we wanted it to be more than just an idea. We wanted to come to the market with something tangible – a finished product with a system and process in place that makes this a simple turnkey solution for all parties, to offer real value to all of the people this platform stands to benefit.
Optimized Resource Utilization
Not only can HOSTs offer their dining areas and kitchen spaces during off-peak hours or on closed days. They can also offer kitchen equipment, seating and other resources, providing a shared ecosystem that benefits both parties and creates new opportunities for collaboration.
Full Transparancy = Peace of Mind
HOSTs are provided with a full aerial overview of absolutely everything that is taking place at your restaurant space while it’s being used. At the beginning of every Engagement, both HOST & GUEST are given login credentials to access their (securely) shared ‘Engagement Page.’
Scalability Opportunities
Do you have an expanding chain and are trying to decide where to launch next? We have a solution – you can become a GUEST! Assess local interest in various markets simultaneously without making long-term commitments.
Opportunity to Test & Refine New Concepts
Thinking about a menu overhaul but nervous about the reaction it might get? Use the shared space model to pilot new restaurant concepts, recipes, or event formats with low financial risk before committing to a full-scale operation.