Thread: Pier 19
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Old 04-03-2011, 11:43 AM   #5
old coot
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To begin with, it's too short a season to be a successful summer only type store, especially with such a big building with its attendant high year 'round overhead costs.
If it is to succeed, it will take a creative mom & pop style owner operator who dedicate themselves and who have enough working capital available to make it work.
That's a terribly rare combination and even with the real estate's current depressed value, it may still be too big a nut for anyone to succeed.
All an unfortunate combination of circumstances, in my opinion.
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