Why is owning your own real estate such a strategic advantage for The Marcus Corporation?
Replied byGreg Marcus
President & CEO, The Marcus Corporation at The Marcus Corporation
Niche: Retail, Production
Revenue: $1M+/month
Location: USA
Started: 2015 or earlier
A lease is basically debt. Our philosophy is to keep the balance sheet strong. Owning lets us control costs and move fast. When stadium seating, recliners, or full kitchens and bars made sense, we did not wait on landlords. We just invested and moved. That speed has helped us stay competitive for decades.
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This answer is part of a full interview with Greg Marcus, President & CEO, The Marcus Corporation at The Marcus Corporation.
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