Saturday, March 6, 2010
Jeannie Terrilli stated she has insurance to rebuild her successful model, the landlord she currently has may or may not want to create something she's interested in being a part of. Strike now while you can, don't leave that Preston/Royal shell empty, collecting utilities, real estate taxes and upkeep for you to pay the whole time, IJS.
Or ignore my suggestion, wait for the next restaurant start-up to come along........when? Capital is not exactly flowing into the restaurant sector. And if it's a new concept, how much risk on a tenant are you willing to accept - as in 2/3's of new restaurants fail within the first 3 years even in a strong economy.
I smell money, make it happen.
DISCLOSURE: Terrilli's happens to be one of my favorite Dallas spots. I have every intent to get them closer to my neighborhood while I can. Please don't hate me East Dallas.