ELV note: One of our “friends in food” (and high finance) forwarded this tidbit to us from the quarterly SEC reporting of a publicly traded company. Read it closely (preferably with a real estate attorney/accountant by your side) and you’ll get a feel for just how much $$$ these food factories rake in on a monthly basis. FYI: the “third party” mentioned in the first sentence is The Cosmopolitan Hotel and Casino:

“In January 2010, STK Vegas entered into a management agreement with a third party for a term of 10 years, with two five-year option periods. Continue reading “NOW You Know Why Every Restaurant in Vegas Wants to be a Steakhouse”