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#1 |
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Senior Member
Join Date: Aug 2019
Location: Parrish, Florida
Posts: 626
Thanks: 296
Thanked 225 Times in 160 Posts
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It is not necessary to continue beating a dead horse.
Nothing is going to change.SAMIAM has been running a very successful business for many years. His customers are happy and his waitstaff is happy. He has explained his philosophy multiple times. And he has stated that he will also take a personal check. That’s too hard for you to do too? Maybe you’ve lost your chance to try his delicious food, because I’ve heard that he may be selling the restaurant. Maybe the new owners will raise their prices and then accept credit cards and then you can go. |
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| The Following 3 Users Say Thank You to Susie Cougar For This Useful Post: | ||
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#2 | |
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Senior Member
Join Date: Jan 2012
Location: Tiera Verdi Fl & Moultonborough
Posts: 325
Thanks: 131
Thanked 169 Times in 102 Posts
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Quote:
In a previous message the owner announced the place is for sale. He has also stated he is unable to find the help needed to continue the hours needed for dinner. What’s that do to the cash flow. Also previously stated his past success was helped by his lack of debt. The new owner will have debt from the purchase . What’s that do to ROI Also stated a potential inability to increase prices as that would have a negative impact on his gross. New owner see that comment and buys this ? New issue , cost of food has in many cases doubled , can’t afford to hire and costs have doubled and can’t increase prices. This might have been a VERY successful business in the past but it seems right now this is a business that needs a total overhaul and new business plan |
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| The Following User Says Thank You to Billy Bob For This Useful Post: | ||
DotRat (05-21-2022) | ||
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#3 | |
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Senior Member
Join Date: Mar 2006
Location: Merrimack and Welch Island
Posts: 4,597
Thanks: 1,418
Thanked 1,705 Times in 1,109 Posts
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Quote:
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#4 |
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Senior Member
Join Date: Jan 2006
Posts: 6,945
Thanks: 795
Thanked 1,493 Times in 1,040 Posts
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I truly fear small businesses will become a thing of the past. Maybe a one or two man trade business will continue but businesses with say 5-30 employees just won't be able to sustain.
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#5 |
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Senior Member
Join Date: Jun 2004
Location: the left coast (Portland)and West Alton
Posts: 1,476
Thanks: 68
Thanked 265 Times in 182 Posts
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Then again, I understand that a new tavern / eating establishment is about to open in Alton Bay.
__________________
basking in the benign indifference of the universe |
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