When it comes to working in real estate, the quest should be to have better information at your fingertips than your competition and people you are negotiating with. Before the numbers work, the concept has to work.
The article linked below focuses on how the one-time leader among “family” multi-location steak restaurants has lost its lead, and to which establishments it did. Outback is no longer the leader, while Texas Roadhouse has, statistically, taken over. Unfortunately, we have seen this movie before. A leading business starts a decline and in today's business world, does not recover and winds up in bankruptcy. This is not to say that Outback will wind up that way, but plenty of restaurant chains have.
Whether a real estate developer, broker, contractor, lender, or investor, you want to associate with a leader on the rise whenever possible. Keep track of trends which could impact your bottom line. If I was currently leasing space to Outback, I would start looking for potential “eventual” candidates now and make or continue contacts. If I have space to lease to a restaurant chain, I would consider Texas Roadhouse, or another chain on the “way up”. Years from now, it could mean a lot to your wallet by doing constant research.
https://www.cnn.com/2025/03/28/business/outback-steak-texas-roadhouse-longhorn/index.html
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