Originally Posted by medford
Its been reported that Toby Keith's "I love this bar" has not paid rent since November (or october). Willie was saying on his show, based upon the reported rent rate and restaurant averages, that they'd have to average about 700 people a day to turna profit. I have no idea how many people come thru there on an average day (I'll assume weekends are busier than weekdays), but 700 seems like a lot. Wonder if they can make up for it during baseball season, if they make it that long.
Most big floorplan bars don't make it downtown for that very reason -- in the last few years Blackfinn/McFaddens, Lodge Bar, Bartini, and Cadillac Ranch have all closed.
Part of the problem is that the Banks isn't really an "entertainment destination" the way (say) 4th Street Live is in LOU. You don't get the bar-crawl type crowd that's probably required for a joint like Toby Kieth's to generate the foot traffic needed to stay open.