Re:Why Restaurants Are So Fucked
by opo on Saturday May 02, 2020 @02:18AM
(#23049742)
>...The goal is to maximize income, and the maximum you can get sustainably is 100% of your lesee's profits.
If you hypothetically take 100% of the profits of the renter, they won't be in business long term. There likely will be a gap between when they stop paying rent and you are able to evict them. There will also likely be a gap between that point and when you get a new renter, particularly when your rent is so high.
I agree that the goal is to maximize income, but trying to take 100% of the profits of the renter is not a way to maximize long term income.
If you hypothetically take 100% of the profits of the renter, they won't be in business long term. There likely will be a gap between when they stop paying rent and you are able to evict them. There will also likely be a gap between that point and when you get a new renter, particularly when your rent is so high.
I agree that the goal is to maximize income, but trying to take 100% of the profits of the renter is not a way to maximize long term income.