Re: Wather Memorial hospital
Date: January 02, 2013 12:03PM
woodman88 Wrote:
-------------------------------------------------------
> I know its off topic but it is the same area. In
> the late 60's, 70's, and thru the 80's when I
> worked at the P&G Chicago Plant, I used to go to a
> beef stand on North Ave. and Bell . I wonder if
> anybody knows what happened to it? Thanks
The Nor-Bel. I must have eaten a thousand of their hot dogs.
It was on the northwest corner. A long narrow cinderblock building on a double lot.
It was run by two old guys who sat in the back counting their money and kvetching at the kids who worked the counter.
The old guys sold out about 2001. We thought for sure it would immediately be developed. But the guys who bought it rehabbed the hotdog stand.
They expanded, decorated, put in seating, added a fireplace, got a liquor license, increased hours, and died.
A hotdog stand, like a laundromat, is an annuity. If you keep costs down, it'll spit out cash forever. But it will only get so big. The market share is determined by how far it is to the next hotdog stand and you can't increase it by redecorating.
There is a ugly 4 story mixed use condo building there now.