Quote:
Originally Posted by cam_wmh
Anyone familiar with economics of the old location? I haven’t been in about 5 years.
For Wurst (been a year), they never seemed to be able to make the upstairs portion work; about 1/2 of their foot print.
Perhaps Ranchmans, can draw from their loyal clients, and with the added benefit of more sq/ft, and central location, can do better.
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I think Ranchmans is for lease at 18.50 a sq ft and it's about 5500 sq ft. So it's not much based on that. But they also have operating costs I'm sure and they also have a couple acres of land they use for tents and concerts and stuff. I'm sure that's extra.
And in comparison I think Wurst was complaining that their rent was too high and their property tax was crazy. So it does seem like an odd move to me.
I'm surprised they didn't just wrap it up and call it a day. You can't replace what Ranchmans had at that location. I mean, I saw Honeymoon Suite there.