Talk of The Villages Florida - View Single Post - A piece of history is gone
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Old 06-15-2013, 06:29 AM
Uncle Tom Uncle Tom is offline
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Default Very well said, I agree

Quote:
Originally Posted by Villages PL View Post
Keep in mind that the previous operator said he wasn't doing well financially. So that alone suggests that prices might need to be raised. It's not carved in stone but it's a clue. Most likely he could have stayed but wasn't willing to pay the higher rent. Why would he want to stay and pay a higher rent if he wasn't doing well? If he had a five year lease, for example, it would be time for a rent increase. Rents don't stay the same forever. Couple that with major renovations and it would likely bring a hefty increase in the rent. Any money spent for renovations has to be recovered from the one and only source of income, the customers. Even if the developer can do it cheaply there's no guarantee he will pass the savings on to the next tenant/operator. Why should he? He's in business to make money.

The new operator will have to be someone or some corporation with a proven track record for producing profits. And I can't help but think it will likely mean an increase in menu prices. With the same customer base, they will have to bring in more money to cover the higher rent. That's the way I see it.

If you weren't worried about my post, why did you have such a strong reaction to it?
Sounds like you have a business background, you are very realistic. Most Villagers think if TV wave their magic wand over a project it will be bigger and better. Unfortunately not true on the old (historic) side. Most likely it will be a rec center, like they have done to other locations.