Weirs Beach Waterslide to be Torn Down

jrc · 04-08-2014, 08:58 AM

As other people have said, Bike week may drive this. According to the web, that property is valued around $600K and the tax rate is around $20, so say $12K a year. I bet a beer tent, some stalls and parking will raise enough to pay that and a handy profit in just 10 days.

Why risk investing money and running a real business, when you can make a profit in 10 days, with no risk.

Bike week has it's upside but it does become a crutch for the property owners around ground zero.

04-08-2014, 08:58 AM	#11
jrc Senior Member Join Date: Apr 2004 Location: NH Posts: 2,689 Thanks: 33 Thanked 439 Times in 249 Posts	As other people have said, Bike week may drive this. According to the web, that property is valued around $600K and the tax rate is around $20, so say $12K a year. I bet a beer tent, some stalls and parking will raise enough to pay that and a handy profit in just 10 days. Why risk investing money and running a real business, when you can make a profit in 10 days, with no risk. Bike week has it's upside but it does become a crutch for the property owners around ground zero.

The Following 2 Users Say Thank You to jrc For This Useful Post:
birchhaven (04-08-2014), Jeanzb1 (04-08-2014)