I have a masochistic interest in opening a restaurant of some sort one day and one thing I'm pretty adamant about is owning my property. I live in an area where

I have a masochistic interest in opening a restaurant of some sort one day and one thing I'm pretty adamant about is owning my property. I live in an area where that is feasible and obviously it's not in many areas/cities. But, seeing that rent is 3x profit on this validates my back of envelope math. I don't want to be working for a landlord that's going to be constantly upping my rent. It's obviously a bit more capital intensive but it's also an asset that can be sold if the business doesn't work out. All the businesses I observe come and go it's usually something about how they opened a hip restaurant in a trendy neighborhood and 5-10 years later it's fully gentrified and the rent causes them to close shop. Did they make enough profit to offset the cost of the leasehold improvement investment? I'm guessing not in that short amount of time. Meanwhile, the businesses that are family owned and have been around for 50+ years have no rent expenses and can weather some ups and downs more gracefully. They also get to have a reasonable profit to live on.