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#11 |
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Senior Member
Join Date: Feb 2004
Location: Center Harbor
Posts: 1,188
Thanks: 210
Thanked 458 Times in 262 Posts
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The fact that the restaurant had been in foreclosure indicates that it wasn't performing all that well, nostalgia and good will included. The new owners probably got it for a pretty good price under the circumstances. Would people go to an out of the way location in Moultonborough for a regular, reasonable cost to build restaurant? I doubt it. To "recreate" a Woodshed would be prohibitively expensive and somewhat artificial. It's a really poor business risk to sink money into such a venture and the 4 who invested are not starry eyed fools.
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