Entrepreneur

0 readers

1 users here now

Rules

No Personal Attacks - criticism of ideas is allowed, attacking people is not.
Self Posts Only - links can only provide supplementary material. Your post must contain enough content to have a discussion.
No “How To Get Rich Quick” posts - This community is not about making a quick buck. Posts asking the community how to make $X, without making specific reference to a reasonable idea, are not tolerated.
Avoid unprofessional communication - Please treat fellow entrepreneurs like respected coworkers, label conversations if NSFW and avoid deliberate provocations.

Please feel free to provide evidence-based best practices, share a micro-victory, discuss strategy and concepts with a frame work, ask for feedback, and create professional conversation. Treat every post as if you're at work and representing the best version of yourself.

founded 1 year ago

MODERATORS

communick@indiehackers.space

Which local businesses were absolutely annihilated by commercial rental rates? (alien.top)

submitted 1 year ago by FewHearing5@alien.top to c/entrepreneur@indiehackers.space

7 comments fedilink hide all child comments

Buffet restaurants come to mind. No idea how one could possibly be profitable at the current market rates. I also saw most power sports dealers that were selling motorcycles shut down due to the square footage needed. Would love to hear input.

you are viewing a single comment's thread
view the rest of the comments

[–] RealEstate_Help912@alien.top 1 points 1 year ago (1 children)

Yeah, it's definitely tough out there for some local businesses when it comes to the soaring commercial rental rates. Buffet restaurants have been hit hard, and I totally get why. With large dining areas and a need to keep costs low, it's becoming increasingly challenging for them to turn a profit. As for power sports dealers specializing in motorcycles, it's a similar story. The amount of square footage required for displaying and storing those bikes can really cramp their financial viability. It's sad to see many of them forced to shut down. It's a tough market, and these businesses are feeling the squeeze. I'd be interested to hear if anyone else has insights or examples of other local businesses that have been devastated by these skyrocketing rental rates.

If you're curious about which local businesses were severely impacted by high commercial rental rates, like buffet restaurants and power sports dealers, consider using GoRepa https://gorepa.com?s=r for in-depth real estate analytics.

[–] CeilingUnlimited@alien.top 1 points 1 year ago

Is this an AI comment? Something is off about it.