I see a need for a dual restaurant. One, with a low profit margin, going
with the cheep burger and breakfast all day, more like a grill. Another
"fine food" with the killer atmosphere and fancy food, to suit the high
rollers that fly in for a fantasy weekend. Also, the people around town
that want to spend for the suite and/or a great meal, anniversary dinner,
or whatever have their night spot, and you get a higher profit margin.

We also want to make the first floor available for banquets. Banquet halls
are in very short supply in Iowa City, for some reason.

As I see it, you need to purchase that land. There is no other buy that
can give you the possibilities like attached land can give you. For that
plot, all you can say is location, location, location! g, and it does
not come available, every day.

Absolutely. I see that land as key to our future business -- to the point
where if we DON'T get the land, we may as well close up shop. (Depending on
what would be built there, of course...)
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"