The population is growing and the places where people can get a meal are over crowded. The cafe section of The Watertower features a coffeehouse with a dessert bar, magazines, and space for live performers. More and more people are choosing to eat out. One of the most common reasons cited by restauranteurs and industry associations is that women have joined the workforce in record numbers. With two income earners per household, neither person may have time to fix meals.
Since the s, commercial food service sales have continued to rise as more and more people find that eating away from home suits their lifestyles. The general nature of the competition is typically a 70 to seat restaurant with outdoor seating. All of the surrounding establishments serve, at a minimum, beer and wine.
Most serve liquor-spirits as well. The Watertower will provide accessible and affordable high quality food, coffee-based products, and entertainment to the thousands of residents and hotel visitors located within a five-mile radius. We will be able to pay the loan and the investment back by year 3.
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