60% of restaurants fail within the first 3 years of operation. Within 5 years it could be as high as 75%. Starting a circle of restaurants, outside the Villages, to compete with the Villages, sounds like an attempt to reinvent the wheel. Get it? Circle of restaurants = the wheel?
I would sooner risk having my money invested in blue chip stocks. I don't own any restaurant stocks, and don't intend to, but that might be a better idea than trying to reinvent the wheel. Right now, some of the biggest restaurant chains are fighting hard just to stay alive. Of course, some may be doing very well. One never knows.