For all of you who love pizza and beer, Magoo’s at Puck’s Alley on University Avenue will be closing their doors this Friday.  They are particularly popular with college students, since they are only down the street from the University of Hawaii’s campus.

So how good are they?  They have sold over 55,000 kegs of beer and 300,000 pizzas.  Now that’s business.  So why are they leaving with such good business?  Kamehameha Schools has raised their lease from $25,000 a month to $29,000 a month.  First of all, I think $25,000 a month is ludacris.  Now to raise it ANOTHER $4000 is just crazy.

I don’t know.  Kamehameha Schools seriously owns everyone.  In fact, they even own the building I’m currently working at now.  They have so much money, I don’t understand their need to raise the lease any higher.  That just drives away local businesses, who sometimes have to work that much harder just to compete with mainland companies who usually arrive with lots of money.  I don’t think this does any good to help promote local businesses, and in fact, drives down the amount of local companies to survive.

Sadly, Magoo’s was a good place and an established local company.  Go and support them in their last few days, because they only have until tomorrow. 

• Did you ask “what’s next?”
• Varsity Theaters, Ebisu Catering, what’s next?
• Yet Another Hawaii Business Closing…Patisserie at Kahala Mall

               
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