I had a very interesting meeting with Marshall Till the
owner of the Electric Cowboy (Wild horse in Topeka). Last year was one of the
worst years in the last 5 years in the night club business. Top three reasons might surprise you.
1.
Internet dating sites – don’t need the bars to find dates.
2. Social media –
check ins on Facebook – women will go to the place where the guys are hanging.
3.
Credit card debt – blue collar customer getting tapped out on credit cards.
I leased 13,000 sqf vacant old theater in Topeka 12 years ago. The deal was started by Mike Vigloa for a deal that was gong to be the Country Opera 4 years earlier. Marshall took the building 'is as where is" leveled out the floor and made a great night club.
We looked at West Ridge Mall for a mall concept. This looks promising.
Henry McClure
