Spicy Pickle Loses Its Crunch
That didn’t take long. Six months after opening in the former Armando’s space (of neon lobster sign fame) at 143 Montague Street in Brooklyn Heights, the Spicy Pickle has decided to close its doors, according to the Brooklyn Heights Blog. Evidently the franchise thinks that Long Island will be a better location in this economy…
That didn’t take long. Six months after opening in the former Armando’s space (of neon lobster sign fame) at 143 Montague Street in Brooklyn Heights, the Spicy Pickle has decided to close its doors, according to the Brooklyn Heights Blog. Evidently the franchise thinks that Long Island will be a better location in this economy and is trying to get out of his lease. Was this place any good? GMAP
“If they thought 23K was a fair rent and thought they could make it, are you saying the LL should have refused???”
I agree….the rent (if accurate) IS insane, but if the landlord can get it, that’s good for him. Nothing wrong with that.
$22,000 per month?! how big is this space?
Why would you hope the LL loses his shirt (assuming the rent is actually 23K)????
Think about it – the restaurant is a chain with well over 50 locations – so clearly they should know the market, prevailing rents and expected sales…. they undoubtedly were in as strong – if not stronger negotiating position than the LL in terms of sophistication and maybe even finances…..SO
If they thought 23K was a fair rent and thought they could make it, are you saying the LL should have refused???
Ultimately given its short lifespan, rent probably wasnt the issue, sales were…but either way I seriously doubt you work for less than what someone is willing to pay you, so what possible basis could you have to throw venom toward the LL here. (besides just a general political animus to anyone who has more $ than you)
The food was on par with a Quizno’s type of joint. Not bad… and way better than Subway. I can’t believe how fast some businesses fold… I’m also thinking of the cupcake place on Atlantic near Court (and next to Subway). Granted, when it opened, I thought it would never succeed, but what do I know? That place lasted only a few months, also. (The space is STILL for rent, too.)
I ate there twice and got a terrible stomach ache both times. I’m not surprised they’re closing. The food would have to be a lot better to compete with Chipotle and Five Guys on the same block.
I ate there twice and got a terrible stomach ache both times. I’m not surprised they’re closing. The food would have to be a lot better to compete with Chipotle and Five Guys on the same block.
I’m with Sam…the rent is unbelievable. What kind of Court Street restaurant can make that monthly nut?
That is an obscene rent. I hope the landlord loses his shirt on this. It will take quite a while to find another tenant willing to pay that ridiculous rate.
If I were him, I would slash the rent and go with a short term lease.
Last I heard they had bounced the December rent check and hadn’t written another check after that.
It folded because they were paying $22,000 a month in rent, did a gut renovation that lasted 3 months longer than anticipated, and probably most importantly, because they food wasn’t any good.
Not the soundest of business models I don’t think…