Quote:
Originally Posted by Susie Cougar
It is not necessary to continue beating a dead horse.
Nothing is going to change.SAMIAM has been running a very successful business for many years. His customers are happy and his waitstaff is happy. He has explained his philosophy multiple times.
And he has stated that he will also take a personal check. That’s too hard for you to do too?
Maybe you’ve lost your chance to try his delicious food, because I’ve heard that he may be selling the restaurant. Maybe the new owners will raise their prices and then accept credit cards and then you can go.
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Perhaps you missed something because everything is going to change.
In a previous message the owner announced the place is for sale.
He has also stated he is unable to find the help needed to continue the hours needed for dinner. What’s that do to the cash flow.
Also previously stated his past success was helped by his lack of debt. The new owner will have debt from the purchase . What’s that do to ROI
Also stated a potential inability to increase prices as that would have a negative impact on his gross. New owner see that comment and buys this ?
New issue , cost of food has in many cases doubled , can’t afford to hire and costs have doubled and can’t increase prices.
This might have been a VERY successful business in the past but it seems right now this is a business that needs a total overhaul and new business plan