Sip & Sonder has closed down.

hardcorestitch

MEEGA NALA KWEESTA!
Joined
Dec 14, 2024
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The Black-owned coffee shop at Parkside Market in Downtown Disney has closed its doors just months after opening in January. A generic brand took over the former coffee space. It is not known if the new coffee shop that replaced Sip & Sonder is run by Disney (you could easily tell just by them serving Joffrey’s). This is a crushing blow to the Black community.
 
The Black-owned coffee shop at Parkside Market in Downtown Disney has closed its doors just months after opening in January. A generic brand took over the former coffee space. It is not known if the new coffee shop that replaced Sip & Sonder is run by Disney (you could easily tell just by them serving Joffrey’s). This is a crushing blow to the Black community.
I wonder what the reason for closing is?
 

It is tough to have a business in Downtown Disney. Rent is ridiculously expensive plus from what I understand they also require you pay a % of your sales.
Are you referring to common area charges or "triple net"? It is pretty common in areas where there are multiple tenants (ex. malls). I have a triple net lease for my business.
 
Are you referring to common area charges or "triple net"? It is pretty common in areas where there are multiple tenants (ex. malls). I have a triple net lease for my business.

No I am not talking about triple net charges. I saw something awhile back that leases include a clause about revenue sharing, where the tenant pays (for example) 5% of their revenue to Disney on top of rent which includes triple net charges.
 
No I am not talking about triple net charges. I saw something awhile back that leases include a clause about revenue sharing, where the tenant pays (for example) 5% of their revenue to Disney on top of rent which includes triple net charges.
Can you find where you read that? I asked ChatGPT to do a search and nothing came up. It did find a "base rent plus percentage rent" structure for Build-a-Bear. According to Build-a-Bear, that is the lease agreement at a majority of their locations.
 
Can you find where you read that? I asked ChatGPT to do a search and nothing came up. It did find a "base rent plus percentage rent" structure for Build-a-Bear. According to Build-a-Bear, that is the lease agreement at a majority of their locations.

I will see if I can find where I saw it.
 





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