Quote:
Originally Posted by Bucco
Katie Belles had a problem.
So many coming, one or two drinks, and sit all night watching the performers.
Economically, a restaurant cannot survive like that
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The individual profit center of Katie Belles might NOT make a profit, but since the residents liked it and took guests there and had a GOOD time, it had PR value. If that brought in NEW residents to buy into TV Land, then it had value to the Developers. Maybe they should have considered KB a "loss leader" and made the profits up in larger sales. How can anyone put a price on how much sales business was LOST by NOT having a Katie Belles? Think about it? I would guess that nearby restaurants put pressure on the developers to LOSE KB! Lots of good ideas go by the wayside due to shortsightedness. US businesses typically pick short-term profits over long-term goals.