I hope they don't close down
By LK2018
@Letranknight2015 (52665)
Philippines
August 17, 2016 11:12pm CST
Not sure if I mentioned this before, but since the renovation of the public market, new tenants started pouring in. They were new pawnshops, and bakery that sells puns/pandesal which is a little bit expensive than that I usually buy.
But if there's one thing that threatens me as a landlord is another business which competes or threatens my tenant. I've talk to her about and they are aware of the new branch, which also owns the rumored construction of the new jollibee chain.
They said it's not entirely going to affect them but the number of customer will be cut in half since their space is a big bigger, more cakes, etc.
We've already had two bakery tenants that has the same franchise, this is the second one. If they close down, no more loan cakes for mom 
14 people like this
14 responses
@CaptAlbertWhisker (32760)
• Calgary, Alberta
18 Aug 16
Franchises must have a distance rule so we wont have have the same store from the same company competing. There are 12 7-11's on my city!
2 people like this
@Letranknight2015 (52665)
• Philippines
18 Aug 16
I remember Lotto and 7-11 were supposed to follow that but now a days they are Meters apart now, or a few kilometers apart now. Right now I think there three franchise of that here when there's just one as the latest and nearest. @CaptAlbertWhisker
@Letranknight2015 (52665)
• Philippines
19 Aug 16
@CaptAlbertWhisker I'm glad mom was smart to choose the right tenants, some can be arrogant lately.
@SIMPLYD (90717)
• Philippines
19 Aug 16
@Letranknight2015 I guess i cannot remember that anymore . I aged already .
@Letranknight2015 (52665)
• Philippines
18 Aug 16
We have renovated our front yard into a commercial space five years ago @SIMPLYD I guess that post was a long time ago.
2 people like this
@hereandthere (45628)
• Philippines
18 Aug 16
i agree, 2 bakeries is okay so people have options, but 3 will really divide the customers.
here in our neighborhood we actually have 4 panaderias to buy pandesal, tasty, ensaymada, hopia, etc from.
2 people like this
@Letranknight2015 (52665)
• Philippines
18 Aug 16
What's even sadder is that the tenant is a huge breadwinner to the family @hereandthere I'm not sure where she will put her business if she gave up this one. She had already close down her last branch and this one is her main now. @hereandthere
1 person likes this
@Letranknight2015 (52665)
• Philippines
19 Aug 16
Hello @jaboUK well, it's a big subdivision with more people since the last five years, Im sure they got their own fare share of customers.
1 person likes this
@Macarrosel (7498)
• Philippines
18 Aug 16
So your commercial building is near in the public market. That's great to know. I just hope your tenants survive with their business despite with new business competitors near them.
1 person likes this
@Letranknight2015 (52665)
• Philippines
18 Aug 16
Hello @Macarrosel Yeah, maybe I should take a walk these days I might be surprise if there's no business coming in and similar.
1 person likes this
@Letranknight2015 (52665)
• Philippines
19 Aug 16
Well, they haven't opened it yet @just4him But I hope they still remain even though it opens
1 person likes this
@much2say (57760)
• Los Angeles, California
18 Aug 16
Loan cakes 
Well hopefully they can still keep up their business - just because another place is bigger doesn't necessarily make them better.
There is a Jollibee out here somewhat locally, but I haven't tried them yet. The locl Goldilocks closed down too - but I guess the whole company went out, right?
Well hopefully they can still keep up their business - just because another place is bigger doesn't necessarily make them better.
There is a Jollibee out here somewhat locally, but I haven't tried them yet. The locl Goldilocks closed down too - but I guess the whole company went out, right?1 person likes this
@Letranknight2015 (52665)
• Philippines
18 Aug 16
Hello @much2say Not really that big at least my tenants place is half the size they have. Well, it's a fast food like every one else. But Filipino patronize it so much because it reminds them of home.
1 person likes this
@louievill (28846)
• Philippines
18 Aug 16
I think it's time to get creative and help promote the products of your tenants, how is up to your imagination my friend, if they are all the same, help think of a way to make them stand out.
One good way to start is to call a general meeting, tackle ways how to combat or prempt the impending competition. Thinking negative like no cake would not help, think triple cake and give me some if you like my advice
1 person likes this
@Letranknight2015 (52665)
• Philippines
18 Aug 16
Hello @louievill That's their job I think but I think the brand is already popular and they are known by other customers from the last franchise.
1 person likes this
@Letranknight2015 (52665)
• Philippines
18 Aug 16
Well, they don't go to market often unless it's rainy season or the weekends @jstory07 although if their new stall opens, the sign is big enough for every passer by to see.
@hostessman (11871)
• Tucson, Arizona
18 Aug 16
they call that progress.. not sure i like it
1 person likes this
@Letranknight2015 (52665)
• Philippines
18 Aug 16
Well, If they ever close down Im sure there will be more than a dozen that's willing to take her place, @hostessman and yes it is progress and "traffic"
@Letranknight2015 (52665)
• Philippines
18 Aug 16
Of course, she only orders cakes if there was occassion like my brother's or nephews/ niece's birthdays. She never loans cakes for herself, unless she got important visitors. I wouldn't let them go since it will only be just two branch in this area, if there's a third then that's something to worry about.
1 person likes this
