[oldrock]

We heard Margarita Republic is closing.What is going on at Spanish Springs?thats the third restaurant on the square.

[spring_chicken]

Pretty soon that square will be nothing but overpriced retail shops. I'm beginning to think they're running the restaurants off so that Katie Bell's will succeed.

[Bogie Shooter]

Originally Posted by spring_chicken

Pretty soon that square will be nothing but overpriced retail shops. I'm beginning to think they're running the restaurants off so that Katie Bell's will succeed.

How would you "run a restaurant off"?

[spring_chicken]

Originally Posted by Bogie Shooter

How would you "run a restaurant off"?

Raise the rent so high they can't afford it. $1 to Athens.

[DonH57]

I never heard anything about Margaritas Republic closing. Remain calm and don't panic. In the restaurant world I seriously doubt Katie Bells has a chance of running off the existing food establishments.

[graciegirl]

Here is my theory. When Spanish Springs began, a number of restaurant businesses signed leases for five years. AND lived out their lease and moved or quit or renewed their lease for another five years. Maybe a number of leases are ending now and they have decided to quit or move somewhere else.


The rent would be part of the contract with increases written in I would guess, the leases aren't a baby game.


Some people aren't good at running businesses or are not good at budgeting with three months feast and nine months not so much a feast, even if it isn't famine.


I don't think anyone is running anyone off. I think that some posters don't have a clue how business works.

[Chatbrat]

Sometimes a business owner has made enough $$, and decides he or she has had enough of the hassle that goes along with being in business-sometimes its no longer fun-been there done that--the winter of 95-drove me out of NJ--was not going to have a heart attack, making more than I could spend in my life time

[spring_chicken]

Originally Posted by graciegirl

Here is my theory. When Spanish Springs began, a number of restaurant businesses signed leases for five years. AND lived out their lease and moved or quit or renewed their lease for another five years. Maybe a number of leases are ending now and they have decided to quit or move somewhere else.


The rent would be part of the contract with increases written in I would guess, the leases aren't a baby game.


Some people aren't good at running businesses or are not good at budgeting with three months feast and nine months not so much a feast, even if it isn't famine.


I don't think anyone is running anyone off. I think that some posters don't have a clue how business works.

Everyone here knows that is not the case with Athens. They had no choice in the matter.
"Our lease is coming to an end and we have tried to work with The Villages to renew it. However they have other plans for this space and decided not to renew our lease."

[rustyp]

Originally Posted by spring_chicken

Everyone here knows that is not the case with Athens. They had no choice in the matter.
"Our lease is coming to an end and we have tried to work with The Villages to renew it. However they have other plans for this space and decided not to renew our lease."

Respectfully please help me with your theory. Spanish Springs was started in 1988 and as close as I can figure completed 1996. I have a document which states a grand opening of Spanish Springs Brewery, Augustine's Restaurant, Augie's Tap Room, and Bichara's Bakery with a big Oktoberfest Celebration - 1996. Thus the cycle is somewhere between 20 -28 years now. How does this tie to your second term of a five year lease theory ?

[rustyp]

Originally Posted by graciegirl

Here is my theory. When Spanish Springs began, a number of restaurant businesses signed leases for five years. AND lived out their lease and moved or quit or renewed their lease for another five years. Maybe a number of leases are ending now and they have decided to quit or move somewhere else.


The rent would be part of the contract with increases written in I would guess, the leases aren't a baby game.


Some people aren't good at running businesses or are not good at budgeting with three months feast and nine months not so much a feast, even if it isn't famine.


I don't think anyone is running anyone off. I think that some posters don't have a clue how business works.

Respectfully please help me with your theory. Spanish Springs was started in 1988 and as close as I can figure completed 1996. I have a document which states a grand opening of Spanish Springs Brewery, Augustine's Restaurant, Augie's Tap Room, and Bichara's Bakery with a big Oktoberfest Celebration - 1996. Thus the cycle is somewhere between 20 -28 years now. How does this tie to your second term of a five year lease theory ?

Sorry Spring Chicken I grabbed the wrong quote the first time.

[spring_chicken]

Originally Posted by rustyp

Respectfully please help me with your theory. Spanish Springs was started in 1988 and as close as I can figure completed 1996. I have a document which states a grand opening of Spanish Springs Brewery, Augustine's Restaurant, Augie's Tap Room, and Bichara's Bakery with a big Oktoberfest Celebration - 1996. Thus the cycle is somewhere between 20 -28 years now. How does this tie to your second term of a five year lease theory ?

Not my theory at all. I think you quoted the wrong post.

[Bogie Shooter]

Originally Posted by graciegirl

Here is my theory. When Spanish Springs began, a number of restaurant businesses signed leases for five years. AND lived out their lease and moved or quit or renewed their lease for another five years. Maybe a number of leases are ending now and they have decided to quit or move somewhere else.


The rent would be part of the contract with increases written in I would guess, the leases aren't a baby game.


Some people aren't good at running businesses or are not good at budgeting with three months feast and nine months not so much a feast, even if it isn't famine.


I don't think anyone is running anyone off. I think that some posters don't have a clue how business works.

Originally Posted by spring_chicken

Everyone here knows that is not the case with Athens. They had no choice in the matter.
"Our lease is coming to an end and we have tried to work with The Villages to renew it. However they have other plans for this space and decided not to renew our lease."

That, "running a business" works on both sides of a contract.

[outlaw]

I have heard from business insiders that the developer is ruthless when it comes to renewing leases. Many businesses have moved on because the developer tried to negotiate a bigger cut of the revenue to the point that the businesses walked away from an otherwise profitable endeavor. At least one chain restaurant declined to open in TV because the lease terms were too expensive. The numbers of recent closures in SS right after the Sharon and Katie Bell's remodel is more than coincidence, imo.

[virgind]

Just called them and they said it just isnt true

[Barefoot]

Originally Posted by oldrock

We heard Margarita Republic is closing.What is going on at Spanish Springs?thats the third restaurant on the square.

What was the source of your information?

Originally Posted by virgind

Just called them and they said it just isnt true