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

submitted 10 months ago by FewHearing5@alien.top to c/entrepreneur@indiehackers.space

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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.

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[–] RealEstate_Help912@alien.top 1 points 10 months 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 10 months ago

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