Talk of The Villages Florida - View Single Post - Why do so many restaurants fail in The Villages?
Thread: Why do so many restaurants fail in The Villages?
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Old 08-16-2008, 03:05 PM
SteveZ SteveZ is offline
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Default Re: Why do so many restaurants fail in The Villages?
Quote:
Originally Posted by inda50
Percentage of sales? didn't know that. I'm asuming the developer gets the%. But it seem to me a small percentage is better than an empy store ith on % and no rent. I have to assume he is smater than that????
The same landlord situation (and rent/percentage plan) occurs at shopping malls. Restaurants run on a very tight margin, and it doesn't take much for a restaurant without reserve capital to cover the leaner months to get squeezed tighter than it can afford.