That place is on our short "must try" list.
Ruby Tuesday closed? (California, MD)
- Thread starter jazz lady
- Start date
That place is on our short "must try" list.
The one I owned survived less than two years after I sold my half ownership of it. "Bailed out" is probably a more accurate description of what I did...I could see where the train was headed. Quite a lesson though.
The Indian place (Bollywood Masala) moved up to Lenny's. Probably a better location for them.
Café sold after almost 20 years. I believe it was due to Chef Loic's health. The new proprieters didn't do a great job. Limited menu and expensive. Never any other specials to choose from.
As for Solomon's, have you tried Island Hideaway? Very good! I have also heard good things about Charles Street Brasserie. CD Café is always good. The food at The Pier sucks.
I've heard that with many commercial properties, the owner not only charges rent but gets a portion of the business's receipts. Is that correct?
Very common practice.
kwillia
n/a
Far from illegal, it is very common. Properly negotiated, it's a "shared risk/shared reward" situation. The business owner has a lower fixed overhead cost. The property owner accepts that some months might be lean.
https://www.propertymetrics.com/blog/2014/01/16/percentage-rent/
kwillia
n/a
Gotcha. I was thinking a fixed rent and THEN a shake down on top of it.
As Gil explained to me the rent is still fixed, it is just negotiated to a lower amount (20-50% less).
Another common practice is for the owner of the strip to charge a reasonable rent the first year or two, then jack it sky high after that to the point where the tenant can't pay, which is why you see so many businesses go out after their initial lease is up. Also why San Souci can't keep tenants.
They had pretty good beers on tap.
From what I understand, this California landmark is closing due to a very high rent increase. Bummer. I used to go there with my Dad when I was a kid and he hung out there back in his high school days in the 50's. https://www.sfchronicle.com/bayarea...en-regulars-brace-for-closing-of-12706622.php
I've heard that too.
In some cases it is. Many's the overly optimistic starry-eyed neophyte business owner that's entered in to a percentage-rent agreement that was lethal to their business at the end of the day...and there are plenty of commercial lease operators that will take full advantage of them. From that is where all the "horror stories" come from.
Hank
my war
Beer is good.... They did have some pretty good fish tacos, but they ended up taking them off the menu.
SamSpade
Well-Known Member
I think that's another thing that kills restaurants. You have a good Italian or French restaurant, you have a pretty good idea what you want to get.
A lot of these restaurants change their menu every year - or less - to be creative, innovative, trend setting - but it kills any good reason to go
back. Fast food depends on people liking their signature food - a Big Mac or fries. Worse, because the menu changes - you can't find anything.
SamSpade
Well-Known Member
Yeah. Damon's. Wife and I used to love to go there and dine in their little fireplace room, and it was my go to place to have a beer with a buddy of mine.
What was the name of that place near Damon's - the oyster bar place across from the Dodge dealership - sort of behind the mound of earth so you could
barely see the sign? Is it even still a restaurant? Last time I went there, I took my oldest who was about 3 (I guess that was ten years ago).
SamSpade
Well-Known Member
Is Island Hideaway where DiGiovanni's used to be? Not to be snarky about it, but almost everything there is where - something ELSE used to be.
My father in law took us all to "The Captain's Table" - unaware that it's not called that anymore.
And they improved the place quite a bit.
I still say things like oh, where Catamaran's used to be, or Harbor Lights or whatever it's called now.
I'm never sure if the Pier is even still called that anymore.
Is Charles Street Brasserie next to the Tiki Bar? Because whatever that place is, they were pulling down the sign with a Bobcat last time I was there.
Thankfully, CD hasn't changed. Probably on my wife's top three. It's just small. Can't go on a busy day.