Forsyth Mo. – A once very
popular eatery known as Charlie's Ribs Steak and Ale located at the
intersection of Hwy 160 and Y in Forsyth Missouri closed sometime
back, went up for sale and then sat there doing not much of anything for quite a while.
It was soon apparent to me that there was a
problem with it ever getting sold. The 4300 square foot establishment was
well built and appointed and yet was difficult to sell. Part of the
reason was the high asking price of $850,000. That was a lot of money
to recoup in a town of about 2300 that had ten or more other eateries all
within the city limits!
Personally, the only way I could see
this building ever working out would be to break it up in to two or
three separate businesses! Following are a few of my ideas:
Concepts
Dunkin Donuts/ Burger King
Mini-Mart/Gas station/Restaurant w Bar
Steak n Shake/ Spots Boutique
Dave's Big Burgers/ City Morgue – no,
scratch that one! (Although if you ever ate one of Dave's burgers)...
Well, you get the idea. I think that
old expression 'Divide and conquer' does apply in this situation. Two
or three investors could work together to renovate the interior into
two or three new businesses. Heck, even the City of Forsyth or Taney
County could perhaps make this spot into a profit producing entity to
help offset other costs to residents. Like I said, it will take
someone or some group with --- wait for it--- foresight!Update: Apparently the owner's wanted to try the auction route as a sign that was recently posted announced that a public auction was to be held on May 11 at 10:00 AM. See above right.
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