RIP Twisted Root?

That sucks!!
I used to eat the one in Deep Ellum a few times a month…
Same with Cane Rossos…

That’s a bummer: Twisted Root Burgers was the usual haunt for @Team_Blacksmithing after the outdoor classes were complete and the gear put away.

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I read that too…we have one in old town Lewisville that will go. I swear that strip of land is haunted everything goes belly up.

Had a great time putting together a few fundraisers for dms at that twisted root. I felt like it was a tad off on price point for a greasy burger joint…but dem ranch pickles…mmmm. We didn’t exactly flush the banks with funds from the events but we did enjoy each other’s company. Thankfully…5 Nations And cane Rosso is right around the corner.

When this is all over, with approval, I’ll put together a nice maker meetup where we can actually hug each other and generously thank the team of people who worked hard for this expansion and keeping us in order during covid. Raise a beer or a slice! We can all dance or cry or play board games until we’re good.

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damn that sucks, they were good, i feel this isn’t their fault…damn COVID. They had good product, they did a good job.

Cane rossos isn’t going out of business too are they?? I love their brussel sprouts

No, Cane Rosso is still operating, although I believe the Frisco location closed as one of the employees tested positive.

The Brussels are the best! I think i’ve perfected their recipe at home and will be testing again tonight :smiley:

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Carrollton location had to temporarily close too due to a staffer getting Covid

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Would ya mind sharing when you do? Brussels aren’t my favorite but I eat them often because I know they’re good for me.

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I couldn’t understand why the Twisted Root in Coppell never opened for takeout. I think they would have done well.

It’s strange and sad the Carrollton location permanently closed. It was always well attended, plus a few thousand apts have been added to the area. But the owner listed debt between $1m-$10m. Coppell and Arlington are also done.

But he is trying to save the other 6 locations they own, including Lewisville @uglyknees.
I don’t know about the few franchisees.

our country really just wants to keep mortgage and real estate values behaving normally

They had millions in debt?

14 locations each probably required ~$1M to buildout and stock. Carrying $3-4M debt wouldn’t be unusual.

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The linked article mentions some…

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Lewisville people are saying they are going to fold. We will see.

always nice to see commerical real estate unable to behave like a normal market and try to ride the bubble. this is gonna be bigger than the mortgage pop.

commercial real estate has bills to pay, too. The gubmint, if nothing else, who, ironically, is attempting to pay us to stay out of work, making it so our employers can’t pay their rent, so their landlords can’t pay the gubmint…

The wheels on the bus go round and round…

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“commercial real estate has bills to pay too”

depends. in the case of Dallas Leather Masters, they were merely squatting on the building they outright owned. making their bills a minimal keep the lights on charge and taxes. when they closed, i actually cheered. they can focus now on making leather goods online and the store front can be used by literally anyone else.

if someone has a unfinished mortgage on commercial real estate and renting out the space as a middle man between the business and the bank that owns the property, and are unable to maintain their income from the property risking their mortgage, then they have overspeculated and deserve to fail.

anything more complex than that is laundering the value of commerical real estate. unless there’s something i’ve missed

I disagree with your assessment, which I think is mean spirited and short-sighted, but I’ll move along because I know I’ll never convince anyone that doesn’t want to see it that “middle men” are where most of us exist; it’s popular to hate on “capitalist middle men”. Pleasant evening to you, sir. :+1:

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