The Dive

Descant · 07-13-2021, 09:10 PM

It appears the evening cruise an wedding/event business from the original business plan has not borne fruit. Nevertheless, three years, including a pandemic, is longer than many restaurants survive. They seem to be flexible in their business plan and keep moving forward in a difficult business. Bravo.

John Mercier · 07-13-2021, 11:32 PM

Ten year lease may have included a monthly or annual rent... the article was not specific.

Needless to say, the City of Laconia could not provide public space that subsidized an entire competing with shore-based establishments paying property taxes.

Lots of money floating around the area right now... so not really that hard to make a business go. But a deep capital investment when the tide turns, and it can happen in any venture or the greater economy in general - that is when great businesses show what they have.

07-13-2021, 09:10 PM	#1
Descant Senior Member Join Date: Mar 2006 Location: Merrimack and Welch Island Posts: 4,354 Thanks: 1,342 Thanked 1,623 Times in 1,055 Posts	It appears the evening cruise an wedding/event business from the original business plan has not borne fruit. Nevertheless, three years, including a pandemic, is longer than many restaurants survive. They seem to be flexible in their business plan and keep moving forward in a difficult business. Bravo.

07-13-2021, 11:32 PM	#2
John Mercier Senior Member Join Date: Jun 2021 Posts: 3,370 Thanks: 3 Thanked 594 Times in 490 Posts	Ten year lease may have included a monthly or annual rent... the article was not specific. Needless to say, the City of Laconia could not provide public space that subsidized an entire competing with shore-based establishments paying property taxes. Lots of money floating around the area right now... so not really that hard to make a business go. But a deep capital investment when the tide turns, and it can happen in any venture or the greater economy in general - that is when great businesses show what they have.