30 Hop Coming to Cedar Rapids

30 Hop Coming to Cedar Rapids

Postby daryl » Thu Feb 08, 2018 12:23 pm

They are going to take over Axel's on Blair's Ferry Road.

I hope they are bottle share friendly.

http://www.thegazette.com/subject/life/food-and-drink/30hop-expanding-to-cedar-rapids-20180206
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Re: 30 Hop Coming to Cedar Rapids

Postby tony b » Thu Feb 08, 2018 2:14 pm

I saw that. Hoping they bring in the same stuff on tap here that they do in Coralville. They seem to get stuff we don't see up here. And, I like their food (assuming the menu is the same/similar.)

Maybe third times the charm with this location? If anyone can make a go of it, I think they've got as good a shot as anybody.
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Re: 30 Hop Coming to Cedar Rapids

Postby jjpeanasky » Thu Feb 08, 2018 7:06 pm

Man, I really thought the Riley's group (Axel's) would be able to manage a location like that. Hopefully 30hop can. It's a great building, just an odd location. I've also heard rumor that the rent there is outrageous.
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Re: 30 Hop Coming to Cedar Rapids

Postby fargo41 » Thu Feb 08, 2018 8:39 pm

I can’t find it now but someone at work sent me the link to the business sale for Axel’s, rent is $13,000 a month.
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Re: 30 Hop Coming to Cedar Rapids

Postby tony b » Fri Feb 09, 2018 12:02 pm

No wonder no one can make a go of it at that kind of insane rent! :shock:
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Re: 30 Hop Coming to Cedar Rapids

Postby Matt F » Fri Feb 09, 2018 3:01 pm

When I saw it under costruction I knew this would happen. That is an expensive building. That equals high rent. Hard to make it work when setting your cost basis so high. Rent usually gets cheaper each time the new place moves in. I hope 30 Hop can make a go of it. Similar case for the place near corner of Edgewood and Blair's Ferry. The price they paid for the land alone was very high.
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