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That is takes $320k and 12-18 months to stand up a new retail space with a full interior refresh in a city like San Francisco is not that surprising. Also, not
by mbostleman 6y ago
That is takes $320k and 12-18 months to stand up a new retail space with a full interior refresh in a city like San Francisco is not that surprising. Also, not that it takes anything away from the point of the article, but it seems like Mr. Yu may have committed more cash up front than was necessary. I could be wrong but rent, legal, and architect seems like it could have been half that. Sweat equity excluded of course.
- tango118 6y agoRent alone was almost $200k. You're saying that he could have gotten the space for half the rent he actually paid? How did you determine this?