Posts Tagged ‘Plantation in Spokane Valley’

The Fubar which is located at our old place at Vista and Sprague put out the open sign last Friday night. This should be interesting. Both of the new owners are really nice people. They should be allowed to do well. But given the location,the time of year, the economy and the volatility of the niteclub biz, it is not a given that all will be well. In fact the odds are against that. But God bless them and the horse they rode in on.

People always ask me how long I think a place will make it. “L if I know,” is always my answer. If they have a lot of money to lose then they may be able to last however long it takes to get established. That’s the key. Anyone can make it if they can afford to lose money for at least two years. That is the magical number, as far as I am concerned. It takes two years in this biz to get established and you have to be able to pump money into it for that long. Simply put, If the owners of the Fubar have the resources to cover their losses for 2 years then they will do fine in the long run. If not, they are goners. It’s that simple. If they have the bucks to run it out then they just might make it, if not they will go the way of all the other well-intentioned owners at that location. It’s all about the depth of  their pocket-book. If it has legs, they might make it. If it is skinny and shallow, then they will not survive. But the depth of their resources is a private matter and only that will tell the tale.