OT - Anyone here own a restaurant?
Jay Honeck wrote:
One other thing... I have noticed that many of the basic hotels I've been
around have no restaurant attached to them, but are built in an area that
has lots of separate basic restaurants nearby. I'll bet there's a reason
for this.
That's what we are now. In fact, within 1 mile of the inn, there are
currently over 50 restaurants. Six of them are within walking distance.
It's a university town. Unemployment is non-existent, everyone works for
the Gummint, and there are lots of underworked, over-paid people that have
time on their hands, yet eat out every meal.
Unfortunately, most nearby restaurants are either "bottom feeders"
(McDonalds/Wendy's/KFC/etc.), or "top feeders" (fru-fru restaurants with
tiny portions and over-sized prices). There are no "middle of the road"
restaurants, which (IMHO) presents an opportunity.
It may be an opportunity, or it may be that their is no market for a
middle of the road restaurant. Only one sure way to find out though...
:-)
Matt
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