Trader Vics Las Vegas Death Watch - General Tiki

M mrsmiley Tiki Socialite Las Vegas, NV Joined: Apr 03, 2002 Posts: 3197	M mrsmiley Posted posted on Sun, Feb 22, 2009 10:24 PM UPDATE; Trader Vic's in Las Vegas closed in 2009. Feel free to check out this this thread about it and the opening of Cabo Wabo in that location............ There has been a lot of rumors about TVLV's closing-I think they have gone back about a year. The best word was that Cabo Wabo was replacing it-but now there is a possibility that that deal may fall(or may have fallen) through. So I start this thread not to make fun of TVLV's or to wish it (a business) to close. But in this current economy any business may close. I do want to say this; I assume TVLV has a lease. As unbelievable as it seems, a TON of money went into this place. Their cavalry (Cabo Wabo) MAY not be coming to the rescue. SO....I say this. Lets so YOU have a lease, and a business that cost you tons of money to start and you are in a bad economy in which finding a buyer for your business is scarce, what would YOU do? I recommend keeping the business open. I know a close friend of mine who owns a business with a staggering inventory and he is suffering in this economy. What is he doing?- is he looking for a savior to buy his business? (no), is he sitting on his butt saying "oh the economy is bad all over maybe I can ride it out?(no!). What does HE do? He is constantly looking at his business-trying to cut costs WITHOUT cutting quality/customer satisfaction and is looking at any viable way to survive and succeed(i am oversimplifying his efforts). SO...what should YOU, the owner of TVLV's do to survive the Death Watch? Times are tough, so as much as I hate to say this, at this time you don't do much to the look of the place. Doing a full remodel right now will be too expensive. Ok-what else can you do to the ambience? Soundproof the comedy club upstairs! See if you can put a wall so that the sound doesn't travel downstairs-it is really annoying. Yes, that will cost some money sooo, you the owner of TVLV maybe you don't want to shell out that money. What else can YOU the owner do? Make the staff understand and Want TO GIVE GOOD SERVICE. And MAKE THEM understand the history and concept of TRADER VICS! How much will that cost? Hard to say-maybe it will SAVE you money. If you think you can't train those crappy old employee(s)you have, maybe their replacements might cost less, because there are some good people looking for jobs. Quality and consistancy and good service don't have to be expensive. But, these traits start at the top, and YOU, the owner of TVLV have to care yourself about the business if you want your employees to follow suit. So, fellow TC folks, should we do a death watch and start throwing out dates-or do we wish that TVLV gets it's act together and starts becomming less and less of a shame to the Trader Vic's name! [ Edited by: mrsmiley 2010-01-09 17:45 ]

UPDATE; Trader Vic's in Las Vegas closed in 2009.
Feel free to check out this this thread about it and the opening of Cabo Wabo in that location............
There has been a lot of rumors about TVLV's closing-I think they have gone back about a year. The best word was that Cabo Wabo was replacing it-but now there is a possibility that that deal may fall(or may have fallen) through. So I start this thread not to make fun of TVLV's or to wish it (a business) to close. But in this current economy any business may close. I do want to say this;

I assume TVLV has a lease.
As unbelievable as it seems, a TON of money went into this place.
Their cavalry (Cabo Wabo) MAY not be coming to the rescue.
SO....I say this. Lets so YOU have a lease, and a business that cost you tons of money to start and you are in a bad economy in which finding a buyer for your business is scarce, what would YOU do? I recommend keeping the business open. I know a close friend of mine who owns a business with a staggering inventory and he is suffering in this economy. What is he doing?- is he looking for a savior to buy his business? (no), is he sitting on his butt saying "oh the economy is bad all over maybe I can ride it out?(no!). What does HE do? He is constantly looking at his business-trying to cut costs WITHOUT cutting quality/customer satisfaction and is looking at any viable way to survive and succeed(i am oversimplifying his efforts).
SO...what should YOU, the owner of TVLV's do to survive the Death Watch? Times are tough, so as much as I hate to say this, at this time you don't do much to the look of the place. Doing a full remodel right now will be too expensive. Ok-what else can you do to the ambience? Soundproof the comedy club upstairs! See if you can put a wall so that the sound doesn't travel downstairs-it is really annoying. Yes, that will cost some money sooo, you the owner of TVLV maybe you don't want to shell out that money. What else can YOU the owner do? Make the staff understand and Want TO GIVE GOOD SERVICE. And MAKE THEM understand the history and concept of TRADER VICS! How much will that cost? Hard to say-maybe it will SAVE you money. If you think you can't train those crappy old employee(s)you have, maybe their replacements might cost less, because there are some good people looking for jobs. Quality and consistancy and good service don't have to be expensive. But, these traits start at the top, and YOU, the owner of TVLV have to care yourself about the business if you want your employees to follow suit.
So, fellow TC folks, should we do a death watch and start throwing out dates-or do we wish that TVLV gets it's act together and starts becomming less and less of a shame to the Trader Vic's name!

[ Edited by: mrsmiley 2010-01-09 17:45 ]

Post #435770 by mrsmiley on Sun, Feb 22, 2009 10:24 PM