309 replies to this topic

[Thinkingoutloud]

Another one...:-( Center Court.

http://www.sacbee.co...ry/2330534.html

[SacKen]

Another one...:-( Center Court.

I had a feeling this was coming. I've gone there several times over the years for lunch. The last time I went, they started doing what every place does when they are a couple months from failing: prices increase and quality decreases. Why people that run restaurants think this will work is beyond me.

Anyway, I heard a rumor that they are looking to possibly re-open in Folsom or Roseville. I'm guessing either the old Black Angus or Malabar buildings for Folsom. Malabar being the more fitting building, but Black Angus being a better location.

[folsomstrings]

I had a feeling this was coming. I've gone there several times over the years for lunch. The last time I went, they started doing what every place does when they are a couple months from failing: prices increase and quality decreases. Why people that run restaurants think this will work is beyond me.

Anyway, I heard a rumor that they are looking to possibly re-open in Folsom or Roseville. I'm guessing either the old Black Angus or Malabar buildings for Folsom. Malabar being the more fitting building, but Black Angus being a better location.

I thought I read a post on this site a few months ago. I was thinking it was Roseville when I saw it on the news last night.

[baltimore?]

I dont know if this is factual or not, but this morning when I was shopping at Winco, I saw a 24' moving truck parked in front of Curry Club. Either someone is moving in next to them, or they are moving out? Anyone have any info?

[normajean]

saw a crew doing a lot of landscaping at the old black angus last week.....anyone know if something's going in there?

[john]

Mind Over Matter Toys is closing for good and clearing out.

[Steve Heard]

I had a feeling this was coming. I've gone there several times over the years for lunch. The last time I went, they started doing what every place does when they are a couple months from failing: prices increase and quality decreases. Why people that run restaurants think this will work is beyond me.

Anyway, I heard a rumor that they are looking to possibly re-open in Folsom or Roseville. I'm guessing either the old Black Angus or Malabar buildings for Folsom. Malabar being the more fitting building, but Black Angus being a better location.

Other signs of a place's impending demise;

* The clientele changes from families and grown folk to youngsters with baggy pants or mohawks
* The bar changes from a sports lounge to a dance club
* Instead of a great place to grab a bite and watch a game, it becomes a great place to get in a fight
* Cops have to camp outside

If this describes your place, you are going out of business. That's just what happened to Yager's before they went under.

[Deb aka Resume Lady]

I dont know if this is factual or not, but this morning when I was shopping at Winco, I saw a 24' moving truck parked in front of Curry Club. Either someone is moving in next to them, or they are moving out? Anyone have any info?

I hope it's not Curry Club going out of business.

[Dave Burrell]

I dont know if this is factual or not, but this morning when I was shopping at Winco, I saw a 24' moving truck parked in front of Curry Club. Either someone is moving in next to them, or they are moving out? Anyone have any info?

the owner told me a while back it was a tough location, main business is the lunch crowd from Intel but that was it, and with the rent being over $6000 a month there, it can be a struggle... I hope they're not gone, they just got signed up for restaurant.com so hopefully that will help bring in some biz... maybe that truck was for a nearby business?

saw a crew doing a lot of landscaping at the old black angus last week.....anyone know if something's going in there?

There is a remote possibility that Manderes may be moving there next year..

Mind Over Matter Toys is closing for good and clearing out.

dang, they'd been around for a long time at several locations - heck their sign is still up at their original location near SaveMart

Other signs of a place's impending demise;

* The clientele changes from families and grown folk to youngsters with baggy pants or mohawks
* The bar changes from a sports lounge to a dance club
* Instead of a great place to grab a bite and watch a game, it becomes a great place to get in a fight
* Cops have to camp outside

If this describes your place, you are going out of business. That's just what happened to Yager's before they went under.

Yep, that's exactly what happened to Yagers and look where it got them - out of business. Fortunately the new owners of Yagers 727 seem much smarter then the last owner

[baltimore?]

$6000 per month for rent?? As a person who owns a small restaurant (very small) I can't even imagine how you would turn any kind of profit paying $6000 in THAT location. Everything has gotten so out of control here, I don't know how they expect any new business to really make a go of it. I for one, would never leave my tiny and affordable environs....

[Dave Burrell]

$6000 per month for rent?? As a person who owns a small restaurant (very small) I can't even imagine how you would turn any kind of profit paying $6000 in THAT location. Everything has gotten so out of control here, I don't know how they expect any new business to really make a go of it. I for one, would never leave my tiny and affordable environs....

I agree, its completely nuts that landlords are charging such high prices for rents out here. I think I heard the rents in the buildings near Malabar are around 10 grand a month... even a big name place like Malabar couldn't make it... you'd think that would make the landlords wake up and adjust their prices to actual market value - but I guess they'd rather have empty buildings then have businesses in them ?

[baltimore?]

I agree, its completely nuts that landlords are charging such high prices for rents out here. I think I heard the rents in the buildings near Malabar are around 10 grand a month... even a big name place like Malabar couldn't make it... you'd think that would make the landlords wake up and adjust their prices to actual market value - but I guess they'd rather have empty buildings then have businesses in them ?

I can imagine that there is some tax game they play. An empty building = losses and tax write offs. An occupied (albeit below "market" value) building brings initial income that may then have to be spent later evicting a tenant, and not as much to write off...

Funny thing is, I had an awesome idea for a restaurant in the Safeway center. I researched the viability of it, franchise fees, etc. Then I called to find out about renting the location that had been Mr. Kebeb / Arzi's Greek Grill...I actually laughed when they told me the amount...

[Deb aka Resume Lady]

Curry Club is open today and they say they're open all week except for Christmas, so I doubt the truck that was seen had anything to do with a feared closure. *WHEW.

[baltimore?]

Curry Club is open today and they say they're open all week except for Christmas, so I doubt the truck that was seen had anything to do with a feared closure. *WHEW.

Ok, I am glad to hear that!

[Steve Heard]

I can imagine that there is some tax game they play. An empty building = losses and tax write offs. An occupied (albeit below "market" value) building brings initial income that may then have to be spent later evicting a tenant, and not as much to write off...

Funny thing is, I had an awesome idea for a restaurant in the Safeway center. I researched the viability of it, franchise fees, etc. Then I called to find out about renting the location that had been Mr. Kebeb / Arzi's Greek Grill...I actually laughed when they told me the amount...

I'm no expert, but I don't think the write-offs could possibly be more advantageous than rent.

I know a lot of landlords, and I don't know a single one who'd prefer write-offs to cash in his pocket.

It is puzzling to me, however, when I hear business owners tell me that they can't afford their places and that the landlords refuse to negotiate, and then the place ends up empty.