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Grand Rapids Restaurant Rumor Mill

dbrok

By dbrok
in Grand Rapids

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numstead
numstead

It's a testament to the efficacy of the building codes. That duct on the side of the building is fire-rated by code, and protected the rest of the building for enough time for the fire department to r

GVSUChris
GVSUChris

So I was downtown the other night with a group of friends and we noticed that this space has signs in all the window for Korean BBQ and Korean Karaoke. For some people that might seem a little odd but

EastownLeo
EastownLeo

The old Chili's near the Knapp Celebration Cinema will be turned into a Buddy's Pizza

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Rhino6885 Hamlet

Rhino6885

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Does anybody know where the nearest Sonic is? I know, it doesn't fit the mold of most of the other restaurants discussed in this thread. However, they flood Grand Rapids television stations with advertisements, and there isn't one anywhere in town. My buddies and I always talk about pulling a Harold and Kumar Go to White Castle move and taking a road trip to a Sonic on those nights with nothing else to do.

For the aspiring entrepreneur, I bet a Sonic would take in some serious $$ in the right location.

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GrandRiverCityKid Unincorporated Area

GrandRiverCityKid

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Does anybody know where the nearest Sonic is? I know, it doesn't fit the mold of most of the other restaurants discussed in this thread. However, they flood Grand Rapids television stations with advertisements, and there isn't one anywhere in town. My buddies and I always talk about pulling a Harold and Kumar Go to White Castle move and taking a road trip to a Sonic on those nights with nothing else to do.

For the aspiring entrepreneur, I bet a Sonic would take in some serious $$ in the right location.

KOKOMO, IN

There isn't one in Michigan, but everyone knows about the Sonic commercials. I always thought Sonic would be a great business to open...BUT...here's the info I found on the Sonic website:

These are the basic requirements to own a SONIC franchise:

* The term of a SONIC franchise is 20 years, plus a 10-year renewal.

* The franchise fee is $30,000, with a total initial investment ranging from $710,000 to $2.3 million.

* You must have prior or current successful restaurant experience and/or strong entrepreneurial skills.

* Royalty fees are 1 to 5 percent; advertising fees are 4 to 5 percent.

* Financial Requirements Are:

Liquidity Net Worth

1 Store $500,000 $500,000

2 Stores $1,000,000 $1,000,000

3 Stores $1,500,000 $1,500,000

5+ Stores $2,000,000 $3,500,000

Edited by GrandRiverCityKid
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woz Whistle-Stop

woz

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"Secchia has (and has had) his hands on numerous properties downtown. He used to have his office in the Federal Square Building. He also used to own the Rowe Hotel (Olds Manor). Although that does make you wonder why he doesn't currently have office space downtown."

CORRECTION: Peter Secchia currently does have office space downtown in the Exhibitor's Building behind the Amway Grand Plaza on Lyon.

Off-topic, I know, but this forum is where the false statement above was originally made.

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PBJ Burg

PBJ

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I often wonder why I constantly see Sonic ads when we don't have any in this area. Don't most companies, especially retailers and restaurants, do ad placements regionally??

Oh, sorry woz :blush: Thanks for the correction on Secchia. ^^^back up a few posts^^^

It may be we see them because of Comcast... Maybe they just blanket advertise (are there any in Detroit?)...

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GRDadof3 Ecumenopolis

GRDadof3

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Not really a "rumor" but here's a story on Noto's expansion and the new "The Cellar" Dining area:

"The Cellar" shoots for gastronomic stars

...reservation only dining area includes a chef's menu with five, seven or nine courses..

..price per person is $100 not including wines...

..more than 40,000 bricks from 200 year old buildings in Chicago make up the gazebo-like ceilings, domes and columns...

Here's a photo from the Business Journal from last year:

Noto.jpg

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