Quote:
Originally Posted by asianthree
You will always have those who will buy $5 dinner with coupons, and buy wine for same amount, that happens anywhere in the U.S. We have had good restaurant establishments take a look, ( I know a person who was here in May for that reason), but the rent on property may be the reason places like Rose, Miz Kathy’s are off property. Since none of know what the developer charges per SF, and the percentage of books, it’s always a open question
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Some of us do know and it is not an open question.
Most of the "stories" about the high rent, and developers percentage being so high are nothing more than urban legend.....at best.
When one makes the decision to sign a lease with TV there are no secrets, no hidden costs, no surprises.
It is all spelled out in very understandable terms and conditions.
This subject is usually the reason some of the failures in TV always use as the excuse.
To get a good, realistic perspective one need only talk to those businesses that have been operating in TV for over 10 or 15 years.....no secret to their success......
Back to the subject of no upscale restaurants.....given the locations of the many upscale establishments it is pretty obvious the rent was not the determining factor.
I do not know, but would guess the rent is not a reason for lack of upscale eating establishments in TV.