Quote:
Originally Posted by pv1313
Maybe TV are charging too much rent for business owners to turn a profit.
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I posted this a while back on a similar thread. My favorite fast food restaurant, if you can call a sub that, Jersey Mike's tried to go into Brownwood. I've been a regular customer of their shop on 441/27 in front the Target shopping center ever since they opened about three years ago, in fact I ate lunch there today.
A Little more than a year ago Jersey Mike's approached TV about a space somewhere in the new area, first they asked about Pinellas Plaza and were told that Subway had a location there, then they asked about the yet to open Traverse Shopping Center and Subway had a location planned there and TV had given Subway an exclusive non-competition lease.
So then JM looked at BW Square and said we would like about a 1200 sf space. TV's answer, we don't rent under 2000 sf in BW, end of story, no negotiation. A small footprint store that would gross over a million dollars a year is turned away because they would rather keep the store empty for now, then to rent a space to a up and coming franchise that nationally went past 1000 locations about six months ago.
I eat at McAlister's at BW at least once a week and that place is packed for lunch everyday. Not every place needs to be a fancy table service restaurant, McAlister's is proof right there. This is the way Jersey Mike's on 441/27 looks like everytime I go there.
