BleedGopher
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Go Gophers!!
This was planned?Another business bits the dust because of the plandemic. Don’t care what that article says.
In classic GH fashion we have one poster who believes it was the pandemic shutdown that closed it and another that thinks it was because of a police state takeover.This was planned?
In classic GH fashion we have one poster who believes it was the pandemic shutdown that closed it and another that thinks it was because of a police state takeover.
Just ignore them. It is probably because the restaurant business is a super tough one. They say the only way to make money in the restaurant bizz is to be the hot new for a few months and then sell it and start something else.
The only edible option is Chinese if it's Shuang Cheng.The business model combined with location just wasn't going to be sustainable. $16 cheeseburgers and $10 malts/shakes just won't be a popular option on a campus.
I loved their food, but it was just too pricey to eat there a lot.
And, yes, I know, its pricey everywhere.
But, college campus probably creates more challenges when it comes to spending money on expensive burgers when there's a McDonalds, $9 Chinese food, and a Qdoba a block away.
This was planned?
Evil prowls the world, phil.Another business bits the dust because of the plandemic. Don’t care what that article says.
Sad, but true.Well, the ol' curtain is dropping on Minneapolis as a functioning city.
Even Palmer's Bar, a hippie era hold out with good customer support just gave up the ghost. i ride my bike through the West Bank/ Cedar area twice a day, and it is not great but no worse than the rest of a formerly great city.
The next domino is probably the Caboose, there is nothing left, other than the Red Sea. Back in the 90s there were 15 plus fun places to hit up around there. (sorry I missed the Corner Bar and the Town Hall still there).
Shit, I might as well move to Hugo or Hampton. Zero fun left in Minneapoils, even the old First Avenue Danceteria (club.- disco night) died with COVID. Other than sports events it is a Detroit like hollowed out shell.
How many restaurants do you know of that sell after a few months of being open? This place has a 50 year run.In classic GH fashion we have one poster who believes it was the pandemic shutdown that closed it and another that thinks it was because of a police state takeover.
Just ignore them. It is probably because the restaurant business is a super tough one. They say the only way to make money in the restaurant bizz is to be the hot new for a few months and then sell it and start something else.
The trendy ones do. There is a whole industry around it. Create a buzz, full seats, new offerings and sell while the name is hot.How many restaurants do you know of that sell after a few months of being open? This place has a 50 year run.
Give me an example of one you know. Define trendy.The trendy ones do. There is a whole industry around it. Create a buzz, full seats, new offerings and sell while the name is hot.
Annie’s is obviously different than those but the restaurant business is a tough one nonetheless. . Even ones that are full are usually on the edge of profitability. And it is especially tough if you are not a bar. When the only thing you sell is highly spoilable the difference between a profitable week and one that isn’t is how well your inventory is managed. Not to mention staffing, which for a restaurant is nightmare compared to many other businesses.
That makes sense. Just because your dad was in the restaurant business doesn't mean the kids wanna do it. I'd have sold and pocketed the money too, as I have no interest in running/owning a restaurant.It actually was the death of the owner a year ago, according to this thread on Reddit
Sounds like the sons inherited Annie's/KCK and a few other businesses and decided to close and sell the property. Sold the downstairs to UMPD and who knows what happens with Annie's above.
It's such a hard business. It amazes me that any stay open sometimes ...That makes sense. Just because your dad was in the restaurant business doesn't mean the kids wanna do it. I'd have sold and pocketed the money too, as I have no interest in running/owning a restaurant.
I wonder if it ever was an easy business. Like, does it run in cycles? Maybe it was easy for a while and then something happened and now it stinks, but maybe in 20 years it'll be a solid living again? Or has door dash and the like kinda put the nail in the coffin?It's such a hard business. It amazes me that any stay open sometimes ...
My own theory:I wonder if it ever was an easy business. Like, does it run in cycles? Maybe it was easy for a while and then something happened and now it stinks, but maybe in 20 years it'll be a solid living again? Or has door dash and the like kinda put the nail in the coffin?
It's especially challenging for a restaurant with built-in seasonality like Annie's has.I wonder if it ever was an easy business. Like, does it run in cycles? Maybe it was easy for a while and then something happened and now it stinks, but maybe in 20 years it'll be a solid living again? Or has door dash and the like kinda put the nail in the coffin?
Both the closings and some of the takes on Gopherhole.Sad stuff![]()
I know someone that is an executive in the food/restaurant business. He always says if you're just looking to make some money in the restaurant business your best bet is to buy into an established fast food franchise. Independent restaurants are high risk.I wonder if it ever was an easy business. Like, does it run in cycles? Maybe it was easy for a while and then something happened and now it stinks, but maybe in 20 years it'll be a solid living again? Or has door dash and the like kinda put the nail in the coffin?
I'd even be a little worried about fast food. I think Subway owners are kinda screwed and McD's not much better. Maybe Chik-fil-A?I know someone that is an executive in the food/restaurant business. He always says if you're just looking to make some money in the restaurant business your best bet is to buy into an established fast food franchise. Independent restaurants are high risk.
Best not to engage.This was planned?