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<  General Scootering  ~  Betty's Bikes and Buns to close.
Spikehead
PostPosted: Thu Sep 28, 2006 11:05 pm  Reply with quote
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Location: N.W. corner pocket of Mpls.

Betty's last day will be this Saturday, Sept. 30.


Last edited by Spikehead on Thu Sep 28, 2006 11:24 pm; edited 1 time in total
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Tom Lindsay
PostPosted: Thu Sep 28, 2006 11:23 pm  Reply with quote
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Once again. I suppose we'll all hold a fundraiser, dump money in a cup, and they'll triumpantly reopen a month from now.

Don't get me wrong, I want them to stay open. I'm just drunk.

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Spikehead
PostPosted: Thu Sep 28, 2006 11:26 pm  Reply with quote
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Tom Lindsay wrote:
Once again. I suppose we'll all hold a fundraiser, dump money in a cup, and they'll triumpantly reopen a month from now.

Don't get me wrong, I want them to stay open. I'm just drunk.


Nope. They'll be closed for good.
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Tom Lindsay
PostPosted: Fri Sep 29, 2006 12:29 am  Reply with quote
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That sucks. Seems like their business has been a lot better this year than last. I suppose it's just too small a niche they're pitching to, and too high a cost to keep it afloat.

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Kevin K
PostPosted: Fri Sep 29, 2006 5:57 am  Reply with quote
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That's pretty much it. I'm certain that scraping up every last cent to make the rent on time (which hasn't always happened) has finally wore Tom down.
It was fun while it lasted.
-K

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Sprocketjones
PostPosted: Fri Sep 29, 2006 9:48 am  Reply with quote
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Well, that's no fun... I orginally read the post like they were closing for the "season" or something.

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Kevin K
PostPosted: Fri Sep 29, 2006 10:36 am  Reply with quote
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If "season" actually means "forever".
-K

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Brad
PostPosted: Fri Sep 29, 2006 11:18 am  Reply with quote
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I wonder if there is a model where you could make that work on a seasonal basis. Lease the space, only open when the weather is good, hire seasonal employees, then shut it down. Sort of like a dairy queen.

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yoyo65
PostPosted: Fri Sep 29, 2006 11:43 am  Reply with quote
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maybe we should just start meeting at a Dairy Queen (I live 3 blocks from one!)

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Kevin K
PostPosted: Fri Sep 29, 2006 12:30 pm  Reply with quote
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Brad wrote:
I wonder if there is a model where you could make that work on a seasonal basis. Lease the space, only open when the weather is good, hire seasonal employees, then shut it down. Sort of like a dairy queen.

The problem, in this case, is that the landlord still wants the rent for the months they're not open.
-K

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michelle
PostPosted: Fri Sep 29, 2006 2:03 pm  Reply with quote
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bike storage in the winter.

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Kevin K
PostPosted: Fri Sep 29, 2006 2:28 pm  Reply with quote
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Excellent idea. Except for the fire codes.
-K

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dmarquis
PostPosted: Fri Sep 29, 2006 3:33 pm  Reply with quote
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That's too bad. I love the place..... I think the area had a lot to do with it... Like out in the middle of no-where land without a lot of foot traffic.. and no, not the dealer kind..

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Brad
PostPosted: Fri Sep 29, 2006 3:45 pm  Reply with quote
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Kevin K wrote:
Brad wrote:
I wonder if there is a model where you could make that work on a seasonal basis. Lease the space, only open when the weather is good, hire seasonal employees, then shut it down. Sort of like a dairy queen.

The problem, in this case, is that the landlord still wants the rent for the months they're not open.
-K


Rent is probably a lot lower than employee costs, but still might be to high to make it work. I like the storage idea - if you could secure the place.

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Egan
PostPosted: Fri Sep 29, 2006 3:55 pm  Reply with quote
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I doubt it is even close to being big enough to make storage work. Most storage places I've seen are at least 5,000-25,000SF. I think he got caught with too much up front costs and too high of rent. Maybe he has a triple net lease or should have been on a seasonal slide rate. But who knows.

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