C
Joined: Apr 09, 2003
Posts: 3837
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C
So I think he said that they put three or four hundred grand into the place, and then as we know now, sold it. He said that they didn't have original plans to make it into the restaurant again or preserve the tiki vibe really. They just wanted to make it a modern dance club and 'have fun'. I guess the investors were split on that idea...
He sited many reasons why it was failing but never came to the conclusion that it could have been the drinks and music and service.... Even he admitted that the food was too expensive. I know anyone of us feels like they could do the place right and make money off of it. In reality though, the location is tough and it's a huge restaurant to fill and staff!! The rent was really expensive too, I guess.
It also took them 8 months of owning it before they could even start getting people into the restaurant. That's a lot of down time and wasted money...
That is too bad. I wish their investment would have enabled Tiki to flourish.
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