--- In [email protected], Rick Archer <[EMAIL PROTECTED]> wrote: > A friend of mine who has been researching mall space for a potential > business tells me that the average lease on about 2,000 square feet in a > mall is about $250K per year. Plus they take a cut of your sales proceeds. > So $250K would mean 100 initiations, or about 9 a month - 2 a week. Of > course there are other sources of income - products, AV treatments, etc. But > also other expenses - publicity, staff etc. I'm sure they've discussed all > this at length, but success is predicated on some pretty wishful thinking > (or optimistic, if you prefer). >
********** This would have to be an extremely high-end mall, I believe, if 2000 sq.feet ran $250K/yr. According to the following link, mid-level mall space runs ~$40/sq.ft. on an annualized basis, so 2000sf plus a percentage of sales would be ~$100,000, still a lot more than the TM mall store is likely to take in most locations, but not anywhere near $250K/year: http://www.icsc.org/srch/sct/sct1103/ There is such a high-end mall in Vegas -- I had to laugh when a doorman at Saks held the door open for my shabbily-dressed ass (I'm sure that doing that is the worst part of the job for the poor guy) -- anybody who wants to know the price per square to lease can call the guy at this link: http://www.thefashionshow.com/BottomNav/bizopp/Leasing/ To subscribe, send a message to: [EMAIL PROTECTED] Or go to: http://groups.yahoo.com/group/FairfieldLife/ and click 'Join This Group!' Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/FairfieldLife/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
