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Week 3 Autopsy: The location audit

Week 3 — testing whether the site itself was ever viable, using foot traffic, rent signals and nearby competition.

10 August 2026

Before the session

Estimate what your specimen’s site would have cost to lease, using comparable local listings, and what revenue a venue that size and price point would need to clear it — Renata’s back-of-envelope method, not a real audit. Map the competing restaurants within a comparable walk.

In the session

Renata works a live example on the board first, including the two mistakes everyone makes: comparing rent to peak-season revenue instead of an average month, and counting “nearby” competitors by straight-line distance instead of the route a customer would actually walk. You then run your own numbers and defend them to a partner who is explicitly told to find the weak assumption.

Afterwards

A location viability verdict for your specimen, with the arithmetic attached — the first real building block of the eventual Autopsy Report, and the first place your gut theory about “why it closed” gets to survive contact with a number.

The spec

What you bring to the session. Written so a reader can tell whether it has been met without asking you.

Teaching team