Quote:
Originally Posted by Trishakaye
I'm probably the last one to know but an employee just told me doors are closing end of the month. Usual scenario, rent raised to $9000.00 a month and owners can't afford it. So once again a business has been run out. Who makes these decisions? No wonder we have empty spaces. Too risky to locate here. What other reason than greed?
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The restaurant business in any market is " survival of the fittest" . The Developer is not stupid and does not raise the rent without a good knowledge of the "market value" of the property. Not greed - If enough customers come and the business model is efficient, the business will survive.