Episode 171
High Tides & Good Vibes: Building Family Entertainment
In this episode of Surf City Programs, Tyler, Chris and special guest Erik discuss the exciting development of a new family entertainment center in Surf City. They explore the vision behind the project, the challenges of navigating the real estate landscape, and the importance of community support. The conversation delves into the design and planning of the entertainment center, emphasizing the need for local investment and collaboration among businesses. Personal reflections on success, failure, and the legacy they hope to leave for future generations are also shared, highlighting the community's growth and the positive impact of the project.
Surf City, family entertainment, community development, local investment, real estate, entertainment center design, business growth, legacy, collaboration, personal success
Transcript
welcome back to the Whiskey and Wisdom Podcast.
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:This is yet another episode
of the Surf City Chronicles.
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:Today you have your constant co-host
Chris Kellum, and I'm with Tyler, y'all.
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:And our special guest, Eric
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:Tyler: Shirley.
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:Thanks for coming on and introducing
us to this awesome place.
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:That's obviously currently
in Under construction.
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:It's also a very first for the
Whiskey and Muslim podcast.
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:Oh,
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:Chris: is it really first
time on a construction site?
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:Exactly.
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:Very cool.
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:Yeah.
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:I'm surprised this is the first,
but not, I was gonna say, I mean,
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:technically our studio is in a
construction site for a while.
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:Tyler: Yeah, but you couldn't
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:Chris: see it.
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:But this is a much
cooler construction site.
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:This
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:Erik: is very much under construction.
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:I love it.
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:We have
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:Chris: dirt piles around us,
which makes it even more fun.
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:So because it's a construction
site, unfortunately we're
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:not allowed to be imbibing.
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:So Tyler, what are you drinking?
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:Tyler: I brought some pur tide water.
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:So we're gonna keep it local here.
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:So one of our past guests, Tyler
Williams, is the owner of Pur Tide and
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:he is all about making sure you are
not drinking your water and plastics.
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:'cause you don't need any more
microplastics in your body
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:than what we already have.
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:So if you're in that
surf city topsoil area.
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:He will actually drop off these
PLAs, the not plastic bottles, but
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:glass bottles to your house, just
like the old milk man used to.
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:And that way you're having fresh
water straight to your house.
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:And he just came up with a brand new
mineral blend which is what we've been
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:trying today and keeping us hydrated
while we're out on the construction site.
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:Erik: He's a, he's a great guy as well.
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:He's he's doing an awesome
thing with that project.
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:Tyler: Yeah.
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:Chris: So.
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:Tell us about yourself and how
we ended up in this great space.
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:Sure.
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:Erik: So, my name's Eric Shirley.
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:I've lived in Surf City for about eight
years now, and one of my companies, four
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:Oaks Capital Development Group came up
with this concept of basically bringing
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:family entertainment to this area.
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:You know, we felt as locals,
we were driving all the way out
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:to Wilmington or Jacksonville.
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:Every single weekend, whether it was
for a birthday party or a rainy Sunday,
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:just trying to find something to do.
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:And we felt like there was a
huge unmet need for this type
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:of product in this market.
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:And so, one of my good friends and
business partners, Frankie Williams,
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:he and I over lunch started sketching
out the idea on the back of a napkin.
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:And here we are sitting on the
dirt looking to open in October.
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:So.
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:That's awesome.
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:Yeah.
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:It's, it's gonna be a 40,000 square
foot family entertainment center
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:anchored by 16 lanes of bowling.
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:Wow.
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:We'll have a two story laser tag arena
projection darts, projection ax throwing
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:gosh, two multi-sport simulators,
four restaurant and bar 65 RK games.
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:Three story climbing tower for the
kids ropes course in the ceiling.
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:And then then a 4,000 square foot
beer garden outside to top it all off.
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:That's awesome.
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:So, yeah.
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:Truly something for everyone.
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:Tyler: Yeah.
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:One, one stop shop for sure.
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:Erik: That's the goal.
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:Tyler: Yeah.
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:So to kind of go backwards a
little bit before we come forwards.
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:Sure.
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:How'd you get involved with Four Oaks
Capital and kind of how did that come
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:about before we got to where we are now?
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:Erik: Yeah, so I don't wanna go too
far back, but I need to for the origin
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:of kind of how all this came about.
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:I was a collegiate swimmer at
the College of Charleston, and
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:while I was still in school.
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:My roommate and I started flipping
houses and we flipped about 35 homes
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:while we were still in, in college.
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:Oh, wow.
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:And that kind of transitioned from
house flipping into residential
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:buy and hold for rentals.
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:Mm-hmm.
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:And then I built up a, a.
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:Fairly robust residential portfolio,
and it just was not achieving the
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:goals I wanted to achieve long term.
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:I had a nine to five along the way and in
medical device sales, I was in gynecologic
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:surgery for the better part of 15 years.
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:Okay.
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:And so I, I really started
exploring other options in housing.
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:And so I launched Four Oaks
Capital with a good friend of mine,
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:Brian Mallon, up in New Jersey.
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:About eight, eight and a half
years ago now, and it started
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:with apartment complexes.
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:We bought our first apartment complex in
Spartanburg, South Carolina, and we kind
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:of slowly built that and built the capital
raising side of it and ended up with a
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:little over 2000 doors and eight years.
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:Wow.
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:Raised over a hundred million
dollars in that timeframe and it
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:showed us that, hey, this is how
this sector of the world works.
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:Yeah.
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:Right.
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:We had never been exposed to that.
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:So COVID was pretty tough in
the, in the multifamily world.
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:There was a CDC eviction moratorium
where you couldn't evict tenants.
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:And, and for better or for worse, I
think the intent behind that was great.
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:But it, it, it unfortunately led to a
lot of people stopping paying rent for
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:the wrong reasons and that mentality.
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:Change that entire landscape.
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:Mm-hmm.
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:So we started to divest some of that
product about three or four years ago
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:and launched our developmental arm.
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:Tyler: Okay.
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:Erik: Doing commercial and
residential subdivisions.
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:Commercial complexes.
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:And then we have an experiential product
arm, which that family entertainment
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:falls under that experiential product
recreation complex supports, complexes.
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:So that's kind of the world that
we're living, living in today.
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:So that's a long-winded answer,
but that's how we got here.
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:Tyler: Sweet.
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:So the nerdy business side of me.
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:So will you also be managing the
day-to-day of it as well, or are you
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:gonna have a management company coming in?
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:Erik: So we will, unlike
multifamily, where you have a third
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:party management company, right.
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:We will have a management team
underneath our umbrella, but it
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:will be underneath our umbrella.
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:Okay.
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:So we'll have a gm, an A GM, we'll
have a kitchen manager, a bar manager,
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:and then we'll have an owner's rep.
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:It essentially represents us on this,
this is our flagship location, but the
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:ultimate goal is to build somewhere
between 10 and 20 of these, over a five
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:to six state radius over the next decade.
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:Wow.
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:So we've already started the
hunt for land for number two.
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:Yeah.
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:Yeah.
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:And we're off to the races.
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:Tyler: That's incredible.
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:Erik: So, well, thank you.
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:We're, we're proud of it.
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:And we think it's such an awesome
industry to, to, you know.
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:The whole goal of this industry
is making people happy, right?
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:Yeah.
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:Bringing joy.
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:And there's not a lot of
industries that that's the goal.
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:And so we think that's cool.
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:Yeah.
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:Chris: I'm happy that you've,
one, it stinks that it's taken
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:so long for this part of the
state to get something like this.
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:Sure.
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:But I think it's the right time.
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:Erik: I would agree.
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:I, I think, you know, for those of you
that aren't super familiar with Surf
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:City, we've doubled our population
three times in the last five years.
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:Wow.
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:Our median age is around 37.
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:Almost three kids per household
and Amina household, mean household
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:income over a hundred thousand.
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:So it's, it's prime, it's ripe.
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:And there's just nothing else here.
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:You know, it's, the beach is,
is amazing and I, I'm a surfer.
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:I, I live, you know, right at the beach.
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:That's my home away from home.
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:But the reality is for a lot of people
in the transient aspect that come in and
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:rent a house for a week, their sunburn by
day two, they're hung over by day three.
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:And they're looking for something to
do that has some air conditioning.
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:Tyler: That's true.
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:Erik: So that's where we, we
hope to fill that void and,
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:and kind of fill that niche.
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:Tyler: I was gonna say it is the
kinda the perfect timing too.
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:'cause if it was even, like you
said five years ago, like 40,000
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:square feet might have been a little
bit too soon to the, to the races.
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:Yeah.
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:Erik: 100%.
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:And, and so much of this with this
kind of product is right sizing
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:it for the local demographics.
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:Right.
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:So like, just for easy sake, Jacksonville
right up the road with a, a younger
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:marine population being as family
oriented, not that family wouldn't be
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:important there, but having more thrill.
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:Things like go-karts or, you know,
you, you're really catering the
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:size and the attraction base to
the demographics of that market.
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:So while this is 40,000 square
feet, our next location might
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:only be 23,000 square feet.
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:Yeah.
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:But the goal is to be the king
of what we call the B market.
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:Right.
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:A market that's big enough to sustain
the business model but small enough
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:that someone would be foolish to come
in and try to build a competing product.
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:True.
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:Yeah.
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:So that, that's kind of our, our
strategy with this whole rollout.
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:Nice.
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:Chris: No, that makes sense.
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:Especially like from
a business standpoint.
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:Tyler loves talking about finances,
but I talk to Brittany and Tyler
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:all the time about like just
random different business models.
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:Sure.
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:And like different ideas and.
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:And that's one of the things that
I don't think a lot of people
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:think about is, is this market
pres saturated or oversaturated?
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:I guess pres saturated is not
really a thing, but knowing
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:what, saying unmet need.
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:Yes, yes, yes.
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:I'm like, do we need that here?
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:And I, I think there's a lot of
things that this area can pick up and.
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:Maintain, which is really good.
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:Erik: So it's interesting, I,
I'm the chair of the Surf City
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:Economic Development Committee.
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:One of the things we talk about
constantly is where are our pain points?
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:You know, everyone needs restaurants, but
if you're building a restaurant, it, it's,
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:you just have to build a better mousetrap.
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:'cause you have competition.
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:Right, right.
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:But there's so much that we need here that
we travel 45 minutes to an hour to get.
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:We don't have a dry cleaners.
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:We have to drive all the way
to Wilmington or Jacksonville
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:for a dry cleaner childcare.
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:You know, there's no
daycares really around here.
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:So it's, it's the little things
that it's very easy to take
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:for granted in a larger market.
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:Yeah.
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:That we get stuck, you know, going,
putting in the time to get to Yeah.
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:And, and those are, to your point, I, I
think the, the successful entrepreneurs
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:in this market can take advantage of
those opportunities and fill those
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:unmet needs and have tremendous success.
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:Tyler: Yeah, that's kind of what we've
noticed just for the past two years of
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:doing this kind of travel up to the Topal
Surf City area is the, the people that
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:make it the best are the ones that see
that unmet need and take the first step.
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:Erik: Absolutely.
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:And And there's a lot of unmet need
here, so there's a lot of opportunity.
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:I'm sure, I don't know when this
will air, but when you drive over the
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:bridge all the way down to kind of the
Publix here in Surf City on 2 10 50.
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:There's seven or eight new
construction sites coming, right?
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:And we've got a Cape Fear
Seafood coming, a Starbucks an
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:oil change place, a new hotel.
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:So, you know, it, it's prime time for
Surf City and we're growing to, to the
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:detriment in some people's mind, but at
the end of the day, the growth is coming.
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:So it's how do we right size the product
and how do we control the growth?
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:As a community to try to encourage
the right businesses to come in
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:and not a lot of other me toos.
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:Tyler: Right.
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:I know for especially these type of
areas, 'cause like I'm from Leland,
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:they also are kind of like slow.
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:They're growing really fast, but
they don't really like the type
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:of growth that's happening there.
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:It is what it is, right.
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:And you have to be where the people
are at and meet them where they're at.
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:So I guess that's a long
way of asking the question.
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:I know in some areas people are hesitant
for a brand new construction site.
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:In my mind, I think this
is perfect for this area.
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:Have you come against some people
that are like, I don't know if I
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:want something that large here?
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:Erik: It's not necessarily the size.
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:I, I think the o we have
had overwhelmingly positive
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:feedback from the community.
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:Yeah.
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:There's always naysayers.
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:Of course.
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:The, the biggest complaint we've
gotten as to what this will
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:bring to the area is the traffic.
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:Ah, you know, traffic is already a
challenge and the reality is, you know.
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:For whatever reason, there's
one way in and one way out.
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:And, and that's what we have to work with.
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:And so it is what it is.
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:You know,
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:I, I think that anytime you're
building a project, you have
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:to look at the upside, right?
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:And so we look at this as
infrastructurally, surf City has some
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:challenges that we're working on.
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:And so a lot of the naysayers
that, that complain about a project
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:like this, they also complain.
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:About other things like infrastructure
and, well, infrastructure costs money.
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:Yes.
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:Right.
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:Well, the way to raise money is either
raise taxes or businesses come in so
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:that the tax revenue goes to the town.
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:Right?
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:Yep.
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:So it's like, you know, you
can't have it both ways.
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:And we try to look at the positive
aspects of it, of we're filling
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:an unmet me unmet, unmet need in
the community while simultaneously
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:bringing a project in that can.
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:Have real tax implications in a positive
way for the town to help with some
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:of those infrastructure challenges.
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:Right.
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:Chris: I think that's one of, like,
I never think about that as a normal
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:person is, gosh, this road is two
lanes and there's so much traffic
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:on it, and why didn't they think to
expand it, you know, when they saw it?
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:And people, I don't, don't think
realize how much information has to
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:be gathered and how much money is.
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:Has to be collected before
they can start doing that.
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:Like this road is definitely, needs
to be a four lane with all the traffic
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:that comes into it, but then you're
taking away more stuff, you're adding
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:more construction, and there's no
way they're gonna finish that in
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:the, the slow season around here.
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:Sure.
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:Erik: Well, and, and just logistically
it's, it's not achievable because
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:you're still gonna have a bottleneck
at the bridge on both sides.
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:Right.
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:So it's one of those things
of, it's, it's a growing pain.
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:But it, it happens in every market ever.
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:You know, at the end of the day, the
beach is a highly sought out, you know,
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:amenity and traffic is gonna be there.
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:Yeah.
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:You know, for better or for worse.
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:Yeah.
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:Tyler: So when, when this is
all finished here, I know you
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:still have a few months to go.
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:Yep.
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:What are you most excited about?
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:Erik: Wow.
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:That's a great question.
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:I, I think one of the things I'm
most excited and you hear the
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:construction in the background there.
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:Yeah.
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:But one of the things I'm most
excited about is the legacy I'm
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:leaving for my kids in this community.
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:We moved here eight years ago from
Columbia, South Carolina, and this
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:community and this place changed
my family's life for the better
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:to be able to raise our kids here.
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:The people in this community are amazing.
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:The town is awesome.
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:The, the recreation
programs here are awesome.
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:So there's so much good that
the town has done for us.
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:So to bring a project that fills an
unmet need that will thrive in this
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:community that we can be proud of
that's what I'm most excited about is,
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:is, you know, giving something back
to the community as almost a repayment
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:of, of what it's done for my family.
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:Tyler: That's awesome.
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:And what brought you up here
from Columbia, South Carolina?
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:Erik: Yeah, so I born
and raised in Columbia.
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:My parents are still there, my
sister's still there, and we always
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:said we wanted to retire at the beach.
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:And then we came and visited
a buddy of mine that lived on
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:the island in November of 2016.
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:Fell in love with it
and literally went home.
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:Put our house on the market,
bought a house here and we
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:were here in January of 2017.
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:Oh wow.
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:So within three months.
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:That's, that's how much of
an impact this place Right.
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:Yes.
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:Had on us.
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:That's neat.
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:So, it, it's, there's something
special about Surf City.
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:It still has that small town feel
despite the growth and you know,
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:it is just a really cool community.
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:Tyler: That's kind of neat
hearing, hearing you say that from
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:the South Carolina perspective.
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:'cause we just got back from Surf City.
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:Smash, yeah.
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:Down the road.
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:And so George came down from
New York, but still very similar
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:story where he came down to visit
and just fell in love with it.
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:It was like, Hey, we're
moving, we're going down there.
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:We don't know where we're living
yet, but we're coming down
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:Erik: and we hear a lot of that.
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:It's funny.
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:So, we, there's a lot of
that in this community.
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:Obviously we have a lot of MARSOC
folks here and a lot of guys from, from
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:the military base up in Jacksonville.
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:Well, one thing that I think is
unique about this project that
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:I do want to touch on is we've,
we raised capital for a living.
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:That's what our parent company does.
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:When we had this project, we could
have gone to our traditional investor
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:network and raised all the money.
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:We decided to try to do things
a little bit differently.
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:So we had a dinner and we offered
shares to this business on, on the
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:capital raising front, locally.
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:And we raised a hundred percent, a
little over $5 million, a hundred
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:percent local in Surf City.
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:Wow.
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:Which I think is a huge testament
that's, that's massive to the
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:buy-in from the community.
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:Yeah.
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:And people wanting to be a part of
something that not everyone can say.
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:And I'm, I'm one of 'em that can't say it.
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:I didn't have 15 million bucks
in my back pocket to go and build
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:a family entertainment center.
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:Yeah.
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:No.
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:I went to the bank and they
would've laughed me out, you
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:know, laughed me out of the bank.
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:So when we brought these people together.
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:Everyone was like, wow, I can have
essentially fractional ownership of
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:a facility where I can go in with
my family and not only support it,
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:but be proud when family comes in to
visit or friends come in to visit, be
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:like we, we are part owners in that.
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:And I think that's such a cool opportunity
and a cool mentality that we were
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:able to bring this community as well.
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:Tyler: Yeah, that is
really neat and especially.
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:I'm not sure we talked about on this
podcast yet, but like Surf City and
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:the surrounding areas isn't massive.
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:Erik: No.
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:Tyler: So for having such a small
community base to pull that type
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:of capital out of and have that
type of backing, that says a lot.
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:That's really neat.
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:It, it's, it's,
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:Erik: it's been so well received in that.
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:Capacity.
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:And you know, frankly, we're a
little bit behind construction.
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:We were hoping to open in June.
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:Normally in my previous investments that
where we've raised capital, you know, if
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:you're behind the eight ball, you, you're,
you're hearing about it on a daily basis.
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:Yeah.
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:Time is money and just the understanding
of people saying, look, we wanna do this.
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:Right.
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:Yeah.
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:You know, let's get it done.
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:Let's, you know, for us, we wanted
to open originally before 4th of July
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:originally Memorial Day timeframe.
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:Yeah, that makes sense.
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:We would've been thrown to the wolves.
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:Yeah, you know, it to, to open in peak
season, a facility like this, you need
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:to work out the kinks and you wanna make
sure everyone has a great experience.
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:And so to be able to do that in
the off season everyone's been so
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:supportive of the, that, of, you
know, let's, let's get it right.
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:Yeah.
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:So that when the throngs
of people come in, right.
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:You know, we're a well-oiled
machine and, and 'cause you
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:only get one first impression.
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:Tyler: Yeah.
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:Yeah.
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:I guess the other benefit to the, the
investors too, that are local is they
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:could come in and enjoy it on their own
before they have everyone else kind of
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:absolutely slam packed and everything too.
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:Erik: Yeah.
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:Well, and again, I said it
earlier, but I think it's a, it's
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:a testament to that un unmet need.
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:Oh, for sure.
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:People said, oh my gosh,
we need this so badly.
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:And then to have a chance to
be a part of it on top of that.
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:Right.
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:Like, it's a great opportunity.
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:Chris: Yeah.
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:So I'm gonna ask, I have two questions.
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:Sure.
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:For this concept, how did you figure
out what you wanted to put into it?
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:Because there's so many different options.
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:Yep.
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:And two, why didn't you go for go-karts
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:Erik: space?
450
:So, we're on five acres.
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:Our stormwater retention pond had to be
an acre an acres about 43,000 square feet.
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:And needless to say, for a
facility this size, you need a
453
:tremendous amount of parking.
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:Right.
455
:So knowing all of that, it
was just space constraints.
456
:Okay.
457
:We may or may not have tried to buy some
of the adjacent parcels unsuccessfully
458
:for future expansion opportunities.
459
:But as far as what went in the facility,
believe it or not, there's a tremendous
460
:amount of science that went into this.
461
:Okay?
462
:So, first and foremost.
463
:My, my company has always abided
by a motto of two twofold, but
464
:primarily if, if I'm the smartest guy
in the room, I'm in the wrong room.
465
:Chris: Mm-hmm.
466
:Erik: I, I know what I know really,
really well, but I have the humility
467
:to know what I'm not good at.
468
:And this is a space we've never entered.
469
:So we went out and found
the best in the space.
470
:And so we hired a guy outta
New Jersey, named Jerry Marola.
471
:He's been doing this for 35 years.
472
:He's built over 300 of
these as a consultant.
473
:Chris: Wow.
474
:Erik: Sheesh.
475
:So he has the knowledge.
476
:So we brought him in in
a consultatory fashion.
477
:He's been with us from inception through
construction and will be with us for
478
:two to three years in a consultatory
fashion during the operational side.
479
:And Jerry just knows what works
and what markets and with what
480
:demographics, looking at transient
population versus repeat.
481
:Local business and and really
looking at every aspect of it.
482
:So we had very little say
in what went into this.
483
:We could have vetoed some things, but
why go against, you know, the master?
484
:Sure.
485
:But some of the science, like,
I'll give you an example.
486
:Bowling.
487
:You, you rent the lane by the hour.
488
:Yeah.
489
:Yeah.
490
:So there's studies that have been done
that if you serve the first drink to
491
:a patron within the first five minutes
of that hour, there's a 92% likelihood
492
:they'll have three drinks instead of two.
493
:Wow.
494
:When you look at the margin on f and b.
495
:Chris: Yeah, that's
496
:Erik: a tremendous, that
third beverage, yeah.
497
:Every time is a tremendous
profit margin for the facility.
498
:So, you know, knowing that and making
sure we laid things out of, you know,
499
:where is the kitchen in the bar In
conjunction to that, how can our
500
:wait staff navigate that to be able
to, to capitalize on that, right?
501
:Mm-hmm.
502
:Same thing with the food side, right?
503
:Like if someone orders a pizza
45 minutes into their one hour.
504
:The bowling lane and they get
their pizza right at the time
505
:that they're getting kicked off.
506
:Not kicked off, but that
they're how bowling is up.
507
:Chris: Yeah.
508
:Erik: You know, you have an unhappy
patron that's like, man, what the heck?
509
:I just Exactly.
510
:Bold ordered food and now
you're, you're pushing me along.
511
:Yeah.
512
:So the timing of everything
is so paramount and important.
513
:The three story climbing tower that
I mentioned for younger kids mm-hmm.
514
:We found that through some market
surveys, families don't leave.
515
:When the oldest kid is tired,
they leave When the three yearold
516
:or the 4-year-old is fair.
517
:Yeah.
518
:Is having a rough time.
519
:That makes sense.
520
:Well, there's not a ton of stuff
here for three and four year olds.
521
:Oh no.
522
:So we said we need an attraction
catered to that age group
523
:to keep people here longer.
524
:Right.
525
:The longer they're here, inherently,
the more money they'll spend.
526
:Chris: Yeah.
527
:Yeah.
528
:Erik: So not to be a capitalistic
pig, but at the end of the day,
529
:you know, this isn't a nonprofit.
530
:We're here to make a buck and we
have a fiduciary responsibility
531
:to our investors and shareholders.
532
:So I think that the amount of science
that went into the layout, the attraction
533
:base, everything, what was really.
534
:It's not just throw some
things in and people will come.
535
:Right.
536
:There was a tremendous amount of,
of thought and effort and time
537
:that went into every, meticulously
planning, every single aspect of this.
538
:Tyler: That's amazing.
539
:Yeah.
540
:When you typically walk into a
building, you don't think too much
541
:of like, Hey, where's everything at?
542
:And why is it spared
out the way that it is?
543
:But it is amazing to have someone
come in with that type of experience
544
:and help kind of lay that out.
545
:So I guess.
546
:That leading up to this question,
do you walk into other entertainment
547
:spaces and now with that science
mindset going, why did they do this?
548
:Or that should be better.
549
:A hundred percent.
550
:Yeah.
551
:Erik: It's funny, we, this is a,
a close knit community of people.
552
:Mm-hmm.
553
:You know, there's only a
handful of entertainment
554
:centers throughout the country.
555
:Right, true.
556
:So we've had the privilege of going down,
you know, we've been to Tampa, Florida,
557
:Madison, Wisconsin, Orlando, Florida.
558
:We've been to Raleigh.
559
:So we, we've seen a lot of
other facilities and met
560
:with the ownership groups.
561
:And the, the generosity of time
and knowledge was incredible.
562
:I, I mean, truly overwhelming of
pulling back the curtain and saying,
563
:look, this is where we screwed up.
564
:We don't want you to
make the same mistake.
565
:Yeah.
566
:This is something that we've done
that's been tremendously successful.
567
:You know, have you thought about that?
568
:And so, you know, we're like sponges.
569
:We absorb it all and we try
to make educated decisions
570
:based on our own facility.
571
:But yeah, it.
572
:It's funny when you walk in and
you can immediately, within a
573
:matter of seconds, say this, this
is a slow pocket and here's why.
574
:Ah, okay.
575
:Yeah.
576
:So yeah, it a great question.
577
:I.
578
:Tyler: That's neat.
579
:I guess you were talking about the
community of like entertainment spaces.
580
:Yeah.
581
:I guess it does make sense for
them to be a little bit more
582
:open, I guess, other places.
583
:'cause really there's,
there's no competition, right?
584
:No.
585
:And it's only gonna be more synergistic
if they can go to another entertainment
586
:place and have a good experience.
587
:Then when they do go to Tampa.
588
:Like, Hey, we had an awesome
time up in Surf City.
589
:We should go to this one that's similar.
590
:Erik: Yeah.
591
:Tyler: So I guess it does make sense
that they want to build and like
592
:keep that a close knit community.
593
:Erik: Well, and even the referrals,
so like, we were in Wisconsin, I
594
:don't know, three or four weeks ago.
595
:Okay.
596
:Beautiful.
597
:Madison, Wisconsin had
my first cheese curd.
598
:No, it was delicious.
599
:But a gentleman up there named
Guy Kiel owns a place called
600
:The Thrill Factory in Madison.
601
:And, we were talking and he
was super candid and, and
602
:sharing some things with us.
603
:And he said, Hey guys, I've
noticed on your Facebook page
604
:you're crushing it on Facebook.
605
:I am struggling with social media.
606
:You know, what are you doing
that I might not be seeing?
607
:Mm-hmm.
608
:And so we referred him
to our social media team.
609
:They're now having in
conversations where he's looking
610
:to hire them in as consultants.
611
:Oh, wow.
612
:So it's, it's with the
rising tide lifts all ships.
613
:Tyler: Yeah.
614
:Erik: And, and we even embrace that
approach here in the community.
615
:So some of our investors
are local businesses,
616
:Chris: right?
617
:Erik: You know, we have partnerships with
Salty Turtle, Lauder's Furniture, sundial
618
:Coffee and Tea hidden Chips, where it's
like, look, we have an opportunity here
619
:where we could use US Foods or Cisco
for our coffee and tea, but why not
620
:partner with a local business, right?
621
:Who's invested in us?
622
:Mm-hmm.
623
:We're gonna turn around and invest in you.
624
:And now Sundown coffee and tea or coffee
and tea purveyors for the facility.
625
:Wow, that's awesome.
626
:ER's furniture.
627
:All of our outdoor furniture in the beer
garden is gonna be louder furniture.
628
:So it's that community mentality of like,
we're not competing with each other.
629
:Let's look for the, those
synergistic opportunities to lift
630
:everyone up so we can all thrive.
631
:Chris: High tides and good vibes.
632
:That's it.
633
:And I've, it's something I've
definitely seen in this area for sure.
634
:'cause usually we're go into an area
and it's very, very competitive.
635
:Across the board, but every
time we come up here, everyone
636
:is shouting out their neighbor.
637
:Yeah.
638
:Because they're actually good people.
639
:Yeah.
640
:They're helping out.
641
:They're like, oh, hey,
no, we were over here.
642
:And they like, they did a great job.
643
:They, they shouted us out.
644
:They put up this, we
were, surf City smashed.
645
:And he was like, yeah, we were
just down in Hidden Ships and
646
:they shouted us out for food.
647
:Yeah.
648
:I was like, that's what you want.
649
:Tyler: Like talk
650
:Chris: to Sango into
Salt Marsh and getting,
651
:Tyler: Ice cream sandwiches.
652
:Delicious.
653
:Oh gosh.
654
:George used to have those
actually before the cheese sticks.
655
:That's, that's he was saying.
656
:Yeah.
657
:So it's,
658
:Erik: it's such a community feel.
659
:And, and look, it's a small
town, so we frequent the same.
660
:George and I were talking about
this podcast today 'cause I knew
661
:he was gonna be on it this morning.
662
:Yeah, yeah.
663
:We go to the same chiropractor.
664
:So yesterday morning we're.
665
:Having therapy next to each other.
666
:So like you see these people
out and about in the community.
667
:George has a restaurant background,
so he's been super helpful with
668
:us of like, Hey, have you thought
about doing this with your hood?
669
:Have you thought about, so
it, it's, how do we look?
670
:No one's gonna monopolize the f
and b market in this town, right?
671
:So how do we work together and be
like, Hey, you know, we had this
672
:menu, so and so has this menu.
673
:If you're craving that,
go check these guys out.
674
:They're awesome.
675
:They do a great job.
676
:Have a great product.
677
:What we believe so
strongly in that mentality.
678
:Yeah.
679
:Chris: No, I love
680
:Erik: that.
681
:Tyler: So what is the food and beverage
menu gonna look like when it opens up?
682
:Or do you know yet?
683
:Erik: Yeah, no, we do, we have a
amazing f and b consultant who's going
684
:to be coming on as our owner's wrap.
685
:It's gonna be bar food with a flare.
686
:Tyler: Okay.
687
:So
688
:Erik: anytime you have an arcade
and, and bowling and things like
689
:that, you really, you can't, it's not
really a fork in knife establishment.
690
:If you were, you know, we're not
having a 40 ounce porterhouse or.
691
:So, you know, we're gonna
have bar food with a Flare.
692
:So Kraft Burgers, Kraft
Pizzas some great sandwiches.
693
:Our appetizer menu's gonna be amazing.
694
:We call 'em Shareables.
695
:Oh, yeah.
696
:Things that you'll have at like
a bowling lane where Oh, yeah.
697
:Everybody can, you know, reach
in It's the perfect size.
698
:Exactly.
699
:Versus that
700
:Chris: like, they only give
you four chicken tenders.
701
:Yes.
702
:And you're like Exactly.
703
:Erik: These are mine.
704
:Yes.
705
:Especially Crust.
706
:So, you know, the food's gonna be amazing.
707
:Our menu and, and the.
708
:Everything's house made.
709
:The sauces are all house made.
710
:Okay?
711
:It's the little touches
that I think elevate.
712
:You know, a burger can be
a burger, can be a burger.
713
:You know, our, our.
714
:Meat mix, for lack of
a better term mm-hmm.
715
:Between sirloin and wagu, all those things
is, is impeccable, but it's the sauces
716
:and the fresh produce and the things that
really, in my mind, help elevated the bun.
717
:Chris: They really do.
718
:Right?
719
:Erik: Yeah.
720
:Like, people don't think about the bun,
but a bun can make or break a burger.
721
:Chris: True.
722
:That's what I learned this morning.
723
:Yeah.
724
:French fries,
725
:Erik: another thing.
726
:Your sides.
727
:Yes.
728
:So, there's, there's a lot of thought
being put into that craft cocktails.
729
:Yeah.
730
:You know, we wanna have high end spirits.
731
:So you can have your house
liquors, obviously, but you
732
:know, it's important to us.
733
:I, I'm a scotch and tequila guy.
734
:Tyler: Oh, nice.
735
:Okay.
736
:Erik: There's not a ton of places around
here where you can go in and get a good
737
:high-end, you know, scotch or tequila.
738
:Correct.
739
:And especially with the
vacation market coming here.
740
:When you go on vacation,
you go on vacation with the
741
:intention of spending money.
742
:Yeah.
743
:Right.
744
:So try something new.
745
:So we're gonna have a robust
election some really cool craft
746
:cocktails that we're excited about.
747
:And then from a local beer standpoint,
a salty turtle being a partner, right?
748
:Mm-hmm.
749
:We're gonna have three proprietary
beers from Salty Turtle that
750
:we're gonna have on draft.
751
:Oh, sweet.
752
:Nice.
753
:So, you know, we're big into the
local products and, and hidden
754
:working with Hidden Ships to have
hidden Chips product in there.
755
:Chris: Yeah.
756
:Erik: So that's kind of our
methodology with everything.
757
:But, you know, we really want everyone
to have an elevated experience.
758
:We want the restaurant not
to be like, oh, I'm bowling.
759
:Let's eat.
760
:'cause we're bowling.
761
:We want the restaurant to be
like coming to the restaurant.
762
:I don't care if I'm gonna bowl or
not, I'm coming here to get a meal.
763
:'cause the food's freaking awesome.
764
:Nice.
765
:So that, that's our thought process there.
766
:Chris: Good.
767
:So looking at life and time.
768
:Yeah.
769
:What does success look like
for you in both aspects?
770
:One for the business here, like
high tides, good vibes, but also
771
:in your, your traditional job.
772
:Erik: Yeah, that's a great question.
773
:High tides and good vibes.
774
:I think success looks like.
775
:You know, establishing this flagship
location and really being able
776
:to scale up and build the brand.
777
:Okay.
778
:I think in today's marketplace, brand
is more important than anything.
779
:Right.
780
:I could go down a rabbit hole
that I'll, right, Brittany?
781
:Yeah.
782
:You know, I, I think if you
follow the chain of historical
783
:events, you know, it used to be.
784
:The radio and then it was you
know, the TV and now it's the
785
:internet and social media.
786
:And so the consumption of the consumer
of how they, I guess, absorb content.
787
:Mm-hmm.
788
:You know, it's, we're in an
attention based society now.
789
:And so when you build the right brand,
if someone says, Hey, you know, tell me
790
:something fun to do in the area to chat
GPT or something, when you have a brand.
791
:It's pulling from that brand, right?
792
:And so you're feeding the agro,
the algorithms and things like
793
:that, which gets really heady,
but that's the way we're going.
794
:Yep.
795
:For me, success on a personal
level is it really has nothing
796
:to do with business at all.
797
:It has to do with being
a father and a husband.
798
:You know, being my girls are 12
and 10, I've got short time with
799
:them while they're still at home
and maximizing that time with them.
800
:Creating opportunities for them
where whether they wanna work in my
801
:businesses or they have the foundation
that they see from what my wife and
802
:I have created with work ethic and.
803
:You know, having a dream and
making it come to fruition.
804
:You know, both my parents are
elementary school teachers.
805
:I came from extremely
humble be beginnings.
806
:Yeah.
807
:You know, I, I built everything I
have from the ground up and just
808
:showing them that, you know, for
me, my success will come in the
809
:productivity of my children in society.
810
:And, and we work really hard on
that as a family of, you know,
811
:everything has to be earned.
812
:And that's, that's what I'm focused
on from a personal success standpoint.
813
:Tyler: That's fantastic.
814
:I like that answer a lot.
815
:Well, thank you.
816
:So after looking forward a little bit to
take a look back, if you were to tell your
817
:younger self one thing, what would it be?
818
:Erik: Oh, God.
819
:That's, that's a hell of a question.
820
:Yeah.
821
:That failure is okay.
822
:You know, the best.
823
:Everyone loves to win.
824
:I, I'm one of 'em.
825
:Of course.
826
:I hate losing more than I love winning.
827
:Chris: Yeah.
828
:Erik: But I have learned more
from my failures and my losses.
829
:I've hit a point in my life where
it's, I don't worry about failing.
830
:I look for micro failures.
831
:Right?
832
:Right.
833
:Like, I want to fail,
but I wanna fail small.
834
:I'm gonna learn from my failures,
but they can't be catastrophic
835
:failures at this point in my life.
836
:So it's really, you know, i, I
think something else I would've
837
:told my younger self is humility.
838
:Mm-hmm.
839
:Humility's so important and candor.
840
:I, I think I learned
humility fairly young.
841
:Candor is something I still struggle
with, but I'm getting better.
842
:When you have employees,
I'm a people guy, right?
843
:I lo and the closer I get to people,
the more I love them just 'cause I'm
844
:spending more time with them and I'm
getting to know 'em on a personal level.
845
:And it's really hard for me to be candid
with people that are important in my life.
846
:And so what happens is you have someone
that's not performing at their job,
847
:but you're not able to convey that.
848
:So they think they're doing a great job.
849
:'cause I don't, I, I fail at candor.
850
:Chris: Yeah.
851
:So
852
:Erik: I've really started, you know,
working on being candid with folks and
853
:so you can tell someone they're not doing
a good job without being an asshole.
854
:Right?
855
:Yeah.
856
:Right.
857
:Yeah.
858
:And that was a learning lesson for me.
859
:So I think the last thing, and I say
this to anyone younger, I'm 43 years old.
860
:Anyone that's in their twenties or
thirties stop buying dumb shit to impress
861
:people that you don't really care about.
862
:Tyler: True.
863
:Erik: I see these young people
spending money on cars and Louis
864
:Vuitton bags and Gucci and Yeah.
865
:Just dumb shit that you're trying
to impress people that you're
866
:either not gonna know in five years.
867
:Mm-hmm.
868
:Yeah.
869
:Or you're trying to impress 'em
'cause you don't like 'em anyways
870
:and you're trying to flex on 'em.
871
:Yeah.
872
:Like don't do that.
873
:Put your money into assets, you know?
874
:Investments and, and you know,
you'll have the last laugh
875
:in your forties and fifties.
876
:True.
877
:But you don't need to flex
with A BMW at 26 years old.
878
:Very, very true.
879
:Yeah.
880
:It's, it's four wheels in an engine.
881
:Yep.
882
:And I suffered from that as a younger kid.
883
:I had a Range Rover
when I was 28 years old.
884
:That if you want the
full story, get repoed.
885
:Oh, oh no.
886
:Because of a failure.
887
:Chris: Yeah.
888
:Erik: Yeah.
889
:But I was, I had no
business being in that car.
890
:It was a flex trying to, you
know, look successful instead
891
:of actually being successful.
892
:Tyler: Yeah.
893
:That's fantastic.
894
:No, I love that advice too.
895
:So in the financial industry myself, so
anytime that there's someone else that's
896
:spreading that news to anyone who, who
feels that way is, is always welcomed.
897
:Yeah.
898
:So thank you.
899
:Chris: Absolutely.
900
:So, 'cause you have an
amazing social media presence.
901
:Well, thank you.
902
:How can people follow you guys?
903
:Erik: Yeah, so our website is
high tides and good vibes.com.
904
:Our Facebook is high tides and good vibes.
905
:Facebook at high tides and good vibes.
906
:I don't know our Instagram handle,
I should know that has, I guarantee
907
:you, has something to do with high
and good lives if I had to guess.
908
:But yeah, those are the
best places to follow us.
909
:We update regularly.
910
:You know, we have an amazing social
media team that does a lot of good work
911
:and Taylor Caruso, shout out to her.
912
:Oh yeah.
913
:She, she does a great job.
914
:We know Taylor.
915
:Yeah.
916
:So I'd love to take credit for our
social media success, but that's all her.
917
:Yeah.
918
:But yeah.
919
:Tyler: Awesome.
920
:Thank you so much for Thank you.
921
:Letting us in here and hanging
out with the dirt piles.
922
:This is awesome and a happy first for
us to be able to sit here with you.
923
:Erik: Well, I appreciate you having
me on and, you know, for those those
924
:listeners come check out Surf City.
925
:There's a lot of good
things happening here.
926
:You heard about George, you're gonna
hear about Hidden Ships later on.
927
:I say that as if you've already aired
this, but chronologically, yeah.
928
:But no good, good things
happening in Surf City.
929
:Come check us out.
930
:Chris: Appreciate it.
931
:Thank you.
932
:We'll catch you guys the next one.
933
:Cheers.
934
:Cheers.
935
:Tyler: Awesome.
936
:Thank you.
937
:Thanks guys.