Bill & Britt chat about what it was like to move their shop and all the challenges and excitement of creating a new work space.
New live stream schedule is every Wednesday at 2pm! We’ll be alternating every week between the podcast stream and live streams from the shop.
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Questions
Why move out of the basement?
Safety
Space to grow a team
How did you search for spaces?
Craigslist – office/commercial
- This is handy if you’re looking to rent in a shared workspace
Went with a Commercial Real Estate Firm
Toured several spaces – Learned what mattered to us
What is the process for getting a shop space? Was it hard to find the right property/space to rent/lease?
Different depending on where you live
Zoning – M1, M2, M3
Hard to find spaces under 5,000 sf listed
Tenant application
Usually an offer and counter offer
We learned to present our financials and business model clearly
Insurance
Signed 3-year Lease
What was the move like?
Rented a moving truck to move furniture out of storage
Moved stuff out of basement with friend’s van
What are you going to do with the old shop basement?
Storing costume bins
Storing books
Weight lifting equipment
What would you have done differently?
We don’t regret touring multiple locations: It’s hard to know what you want until you look around