27 March 2008

zip it

Okay, I wasn't REALLY serious about jinxing the spot by talking about it... but sure enough, a problem's cropped up. Most food establishments, including ours, need a grease trap. But now that Mark and Elliot are talking to architects about this potential space... it seems there might be a serious (i.e. prohibitive and/or expensive) problem in setting one up. Now, this would be true for any restaurant or kitchen they'd put there, so the owners would have to: a) help the tenant set it up; b) find a tenant that can afford to do it themselves; or c) put some other retail store there. Of course we're hoping for a).

The boys are meeting an engineer there tomorrow, so there may be a workaround. But, if there isn't, or the owner isn't willing to pitch in on the work it will take to install a grease trap... we may have to walk away from the deal.

Meanwhile, continuing their due diligence, M&E went to look at yet another location today. The appeal with this new place is that it's already a restaurant, so it will be MUCH easier to convert into a food store. And, it's got plenty of parking, and the rent is tantalizingly cheaper. But... frankly, from what I can tell (from, yeah, 3,000 miles away), it's just not as sexy. But that's what makeovers are for, right? The downside, certainly, is that it literally came on the market yesterday, so the owner is likely to want to shop it around to potential tenants before settling on a deal.

THIS is why I'm not packing yet.

3 comments:

Andrew Bellware said...

Oh boy -- good luck! ;-)

In my experience it's vastly easier to move into an existing restaurant than to build a new one from a retail establishment. Just my two cents...

Emi Macuaga said...

Were you an international spy at 16, an billionaire inventor at 18, a cutting-edge restaurateur at 21 and now a prolific filmmaker??

Pray tell -- we'll pick your brain...

Randy said...

I'm assuming that the grease trap that you need to install in the first location is the kind that is buried in the ground. You might consider alternative grease traps that don't need to be buried. There are many options out there. The Big Dipper and Trapzilla are some of the more popular, http://www.big-dipper.com.

That way you don't have to let the grease trap be the hang up for what would otherwise be a great location.