I cannot believe their rent is, or will be, $9,000 a month. So that means Softballs R Game is paying about $2,000 a month? I know Crispers has a lot of square feet and an outside dinning area, but that price is way out of line. You have to consider all that interior work and equipment was installed by the tenant. You would need something like a Jersey Mike's traffic flow to be about to afford that rent. A place that can gross a million to a million and half a year. I paid $1100 a month for my shopping center retail space of 2,000 square feet on a business that grossed $500,000 a year, and that was my limit, or least if I was to net 10% to 15% which is typical for a small retailer.

The franchisee of the Jersey Mike's in front Target, opened a second location in Mt. Dora a few months ago, and he is considering a third location on 466. He said they are building a small strip center next to Fresh Market and they anticipate going in there.

The difference with Jersey Mike's is they know what they need. They said no to The Villages at Brownwood when they were told 4,000 square feet is the smallest restaurant space we will rent. They said fine, we'll go find 1200 square feet somewhere else, which turned out to be Mt. Dora. The Crispers location could maybe make it if a McAlister's would move in there. Anything else at the moment in the food business, I don't see. I ate at Crisper's one time in 2011 on our lifestyle vist, and that was our only time.

Fingers crossed for a McAlisters-type restaurant in that location .. even without lobster. :icon_hungry:

Cross threading---5 yard penalty---or is that 4.572 meters in Canada?

Penalty call for Tal, not moi. :evil6:
I'm following the "always blame someone else" philosophy. :girlneener:

It isn't whether you win or lose, it's how you place the blame.

Works for me!

It's Tal's fault.


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I'd name that philosophy after a prominent American politician (loser), but it would delve into the political sphere:1rotfl::1rotfl::1rotfl:

$9,000 a month rent you have to have some people traffic. I was surprised when the Dairy Queen on 466 closed. The closing of Crispers was not a surprise.

Can't remember a time when our golfing groups said let's go to Crispers after golf. Kind of like saying let's go to the Hospital cafeteria.

Check with Rick. He'd probable vote for Chicken King.

Not totally up to speed with TV rent factors but if as noted Giovannis will be moving in at 9 grand a month rent plus utilities payroll taxes food costand all other business expenses watch for [serious increase in menu pricing]

Its called creative destruction in economics .... and its the only way that we have progress. If a business fails it can only be replaced when it leaves the location making room for something better or more creative.

Well personally I never thought it was that great anyway, but that's just me. Been there twice & only got Chicken soup & it only had about 6 noodles in it & maybe they had a chicken run through it & called it soup. Sorry, but I won't miss it! Actually I think a lot of resturants in TV are just to expensive. Go outside TV to the same resturant & you'll see cheaper prices. It's probalbly like Crispers they charge to much rent here in TV. It's no different than to rent a store or booth in a MALL. Somebody is making a lot of money & then they're buttering up the people that they want to live here! Oh well, I got my 2 cent opinion in now.

I think Crisper's closing is their own fault, not a matter of rent. Too many unhappy customers.

Crispers - Salad - 3551 Wedgewood Ln, The Village, FL - Restaurant Reviews - Phone Number - Yelp

Sad....I like Crispers. Really fresh salads and soups

But no pizza. :ohdear:

Same here, went once , did not like the food.

I use to stop for the one egg breakfast-then they eliminated breakfast-did like the soup and half sandwich combo but a little pricey

It's always empty. They recently put up several parking signs for "take out" customers. They are always empty too.

I came to some of those in 2007-2013 or so. You used to get Crispers once a week but switched to Subway a few years ago.

While your post is correct - a lease followed by renewal option(s) - eventually the agreement expires. The landlord offers a new agreement - presumably a lease with renewal option(s) - with a new monthly rent, potentially a higher monthly rent. The tenant decides whether or not to accept the new agreement.

"Long ago and far away" I experienced this scenario myself. I first tried to relocate my business, but eventually decided to close and liquidate it before the expiration of the original agreement.

Too bad. I love Crispers.

It got Soggy.

Southern Villages
 

The answer may be hovercraft. No more crowding on the roads and they can't fly high enough to interfere with Twoplanes.

Great article in todays Daily Sun May 17, that confirms what you have been saying for many years.
The article, Talking with Scott Renick, Director of Commercial Development.
He dispels the many rumors regarding commercial leases. (I could not find the article online)

I agree...great article to dispell the rumors, which seem constant. Folks hear something (speculation, perhaps) and take it as fact and pass it on. IF something is commented upon enough, folks begin to believe it!!! As Marc Morse stated some years ago..."IF you haven't heard if from me OR read about it in The Daily Sun don't believe it!!!"

No great loss for me. We went there once and I would never go back. Renamed pizza flats or something like that and they were terrible and over priced. They also seemed to take forever to come out.

I've read Habaneros Mexican Grill has leased the Crispers space.