Max’s South Seas Hideaway , Grand Rapids, MI (restaurant) - Locating Tiki

M mikehooker Grand Member (3 years) Austin Joined: Jul 17, 2014 Posts: 1211	M mikehooker Posted posted on Fri, Nov 1, 2019 9:22 AM On 2019-11-01 06:36, Prikli Pear wrote: On 2019-10-31 13:22, HopeChest wrote: On 2019-10-31 13:11, mikehooker wrote: Really curious how much money went into this project. Has to be in the millions. $2.5m is my understanding. In the Desert Oasis Room podcast, I recall $3 million being mentioned in passing, which jibes with $2.5 if they're rounding up. Contrast that with the $6 million it would've take just to acquire the land in Austin, with construction yet to come. Yowzer! Any way you slice it, that's a lot of money. Even assuming they self-financed a significant chunk, it's going to be years before they break even (not a criticism). Thanks guys, guess I should have listened to the entire podcast.

On 2019-11-01 06:36, Prikli Pear wrote:

On 2019-10-31 13:22, HopeChest wrote:

On 2019-10-31 13:11, mikehooker wrote:
Really curious how much money went into this project. Has to be in the millions.

$2.5m is my understanding.

In the Desert Oasis Room podcast, I recall $3 million being mentioned in passing, which jibes with $2.5 if they're rounding up. Contrast that with the $6 million it would've take just to acquire the land in Austin, with construction yet to come. Yowzer! Any way you slice it, that's a lot of money. Even assuming they self-financed a significant chunk, it's going to be years before they break even (not a criticism).

Thanks guys, guess I should have listened to the entire podcast.

Post #798401 by mikehooker on Fri, Nov 1, 2019 9:22 AM