How about South Seas Prime Steak House? - General Tiki

B bananabobs Member Joined: Feb 16, 2003 Posts: 824	B bananabobs Posted posted on Sat, Mar 19, 2011 9:33 PM Under "For what it's worth" department; I know a fellow that opens Restaurants, operates them for a period and then franchises them. You would recognize the names if I told you. We have discussed a Tiki venue. He said, for a restaurant, "If you pass the 60/40 level, you fail." 60 being food and 40 being drinks. For a bar, he said 80/20, 80 being the booze. I agree with Telescopes. A Restaurant has a better shot at success than a bar. I disagree with the Caliente Tropics being a good venue, You need a bigger demographic than Palm Springs. I think the Reef in Long Beach is perfect IMHO

Under "For what it's worth" department; I know a fellow that opens Restaurants, operates them for a period and then franchises them. You would recognize the names if I told you. We have discussed a Tiki venue. He said, for a restaurant, "If you pass the 60/40 level, you fail." 60 being food and 40 being drinks. For a bar, he said 80/20, 80 being the booze.
I agree with Telescopes. A Restaurant has a better shot at success than a bar. I disagree with the Caliente Tropics being a good venue, You need a bigger demographic than Palm Springs. I think the Reef in Long Beach is perfect IMHO

Post #580959 by bananabobs on Sat, Mar 19, 2011 9:33 PM