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Geo

Beach Fanatic
Dec 24, 2006
2,740
2,795
Santa Rosa Beach, FL
I agree. They would regularly have my business...

Question-

How does the monthly rent compare on 30A in a place like Redfish to a storefront along 98 in SoWal???
 

Smiling JOe

SoWal Expert
Nov 18, 2004
31,644
1,773
the seasonality of 30-a makes owning many businesses brutal .
Yes, having a limited off season makes things difficult, but all of this stems from high rents and bad economy. If people were still making easy money, many businesses would still be bumping.

Again, there may be businesses which can make the numbers work, but there are probably more businesses that cannot make the numbers work.
 

Smiling JOe

SoWal Expert
Nov 18, 2004
31,644
1,773
I agree. They would regularly have my business...

Question-

How does the monthly rent compare on 30A in a place like Redfish to a storefront along 98 in SoWal???

I'm not positive, but I think that all of the businesses in Redfish Village actually own the business condo unit, so you'll have to do some math after looking at the tax rolls to see what they paid for each unit, then add insurance, taxes and any HOA fees.

On Hwy 98, rents fluctuate quite a bit, depending on whether the strip mall is older (crappy) or whether it was developed after 2003 and must charge enough to cover costs.
 

Chip and Dale

Beach Lover
Jun 7, 2006
52
7
WaterColor
If the WaterColor PJ's is really closed for good, this makes it their third location to fold. It seems like it was under construction longer than it was open.

JOE can't be happy about this.
 

Smiling JOe

SoWal Expert
Nov 18, 2004
31,644
1,773
I seriously doubt that anyone is happy about the closings. It hurts everyone a little bit.
 

Miss Kitty

Meow
Jun 10, 2005
47,011
1,131
71
:sosad:
 
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