For Starbucks it's a business model issue. 15% of gross return to Starbucks, 10% of gross to TV on top of rent, and they can't survive on what remains. TV charges a % of gross revenue to all businesses in addition to the monthly rent. For a place that has a high traffic flow year round that works. For a place that has a seasonal business model, unless the owner builds that into their business plan, they will fail. Hence the high rate of turnover in TV leased property.
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Life is to short to drink cheap wine.
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