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Posted on 2/12/20 at 7:38 pm to Janky
So much wasted empty space in that part of town
And traffic sucks arse
And traffic sucks arse
Posted on 2/12/20 at 8:35 pm to Janky
quote:
That piece of property can not be cheap.
Pretty sure Scout owns the land and will develop it for commercial use. Chimes will sign a long term lease of 5-10+ yrs with monthly notes close to $35,000 per. That doesn’t include the building costs. If Chimes defaults on the lease agreement or doesn’t succeed Scout still owns the property and land.
My friend who brought Mellow Mushroom to Laffy lost his azz on that deal. They showed a profit for the first 4 months and everything thereafter was in the red. He was fortunate and got out of the lease agreement to the Judice family when Drago’s bought the building and took over the lease.
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