Quote:
Originally Posted by no-engine
Happened to go by Lobster Pound late this afternoon. I hope manager or owner reads here.
I would never know there's a restaurant behind the abutting tents along the road! They must take in enough funds from space rental fees to offset their lack of visibility to potential new customers!
Oh well, not for me to suggest how to run a business from now to the 17th, Father's Day! Just my observations each year!
Also, vendor tent on saloon side of entrance to drive-in. A revenue stream for land owner! we know who!
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When Lou and Harvey sold the LP, they kept the bike week vendor space rental side of the property (it was not a part of the original sale). The second year after the sale, the current owners negotiated to purchase those rights, they found out why that is an important part of that locations revenue stream. When L&H ran things, they made more off vendor rentals in one week than the LP made all year as a seasonal establishment by close to 115%.
As of two years ago, the current vendor landlords could not keep up with the vendors demands for power, water and other items of need. Don't know if they have been able to figure it out.
Bike week makes more money for Weirs businesses, than you could believe. Whether it is vendor space rental or actual sales, it is a serious cash flow.