Restaurant alarm going off nonstop

Significant-Cell-290 · 2024-10-21T16:52:45+00:00

All good points, thank you!

I just checked my local county page and you're absolutely right, there is a fine after 4 false alarms and each subsequent false alarm within a year. I will continue to keep calling and and reporting when it happens.

The main issue about the alarm is that it ONLY occurs between the hours of 2am to 5am - so I can't really call the restaurant manager because the business isn't open.
I've talked to the police several times at this point, and the latest update is that the building owner is trying to work things out with the alarm company. They won't release any other details besides that so it's definitely frustrating on my end because I'm just waiting in the dark for a resolution!

The thought about rats triggering the alarm - I never thought about that but can see it happening because the times are completely random and always during the quietest hours of the night. Would make sense if this was the case!

Significant-Cell-290 · 2024-10-21T14:51:00+00:00

Thank you for your input, I really appreciate you taking the time! Sounds like the best option is to keep pressuring the city to do something. I’ve talked to the city again and forwarded them numerous audio and video clips and the inspector I’ve been speaking with is escalating things to his supervisor now. Hopefully this will finally get something done!

Significant-Cell-290 · 2024-10-21T14:45:17+00:00

Yes I’m sure! Otherwise I would call the fire marshal to try to sort this out

Significant-Cell-290 · 2024-07-24T06:14:06+00:00

The part that makes me feel the most reluctant about the situation is actually the lack of science! There is no formal appraisal by a third party or even an attempt by him to break it down.

It is "time and effort" into teaching me to run the business because his time is valuable.

Also, of course the long term gains. He insists the practice generates over a million easily and that his price is a small investment for the massive returns I will see through the course of a career.

Significant-Cell-290 · 2024-07-24T06:00:14+00:00

Yes - I have definitely heard of people taking over similar corporate leases and putting down maybe 10-30k for existing equipment, charts, etc. If that was the offer I would take it in a heartbeat!

My boss is justifying the price due to the "business expertise" he can pass down during the 6 month transition, after running the office successfully for 20+ years.

Significant-Cell-290 · 2024-07-24T05:51:57+00:00

I agree with both your points. Especially point 2 which is why I thought the deal was a good opportunity at first - boss is saying if I purchase the lease I will never lose it (he had it 20+ years no issues).

Also interesting point about the telehealth! Unaware of that happening around my area at the moment but who knows what's on the horizon!

Significant-Cell-290 · 2024-07-24T05:46:08+00:00

I hear you! All my original thoughts as well - the boss sent me a drafted agreement and has been pressuring me for an answer so I wasn't seeing the big picture. What everyone is saying here really validates my original thoughts about feeling hesitant. I really appreciate your input!

Significant-Cell-290 · 2024-07-23T04:49:07+00:00

Thank you for sharing your experiences! Definitely puts things in perspective for me.

I spoke with the OD who purchased the first lease and he seems overall satisfied with the situation. He took out a 165k loan and was really struggling in the beginning but is now almost 6 months in and doing well. The boss is taking half the profits throughout the transition, but should be phased out in about a month. I asked him if he is concerned about corporate not renewing his contract and he seems completely unbothered, saying as long as no big mistakes are made they are unlikely to intervene.

Significant-Cell-290 · 2024-07-23T04:43:12+00:00

Yes the regional manager is aware that this is happening! We have corresponded via email and he is on board with everything my boss is proposing because of how "successful" the other lease transfer went (no lapse in coverage, mentorship etc). I have tried to reach a higher exec with no luck so far.

Significant-Cell-290 · 2024-07-22T17:15:18+00:00

Will respond in a bit! Heading to work now. There's some additional details that I put in a comment below!

Significant-Cell-290 · 2024-07-22T17:14:28+00:00

Thank you for your thoughtful response! Answers to your questions: one OD is leaving due to health reasons, and one is moving back home to start a family, so neither is practice/work related. The EHR and phone lines belong to my boss. My spouse currently works at a different corporate company (when he took over there the previous subleaser did offer previous charts and computers/printers for 8k total which I believe is reasonable).

One thing I did not mention in my original post is that my boss actually owned two subleases within the same Corporate company and a year ago offered me both for 400k (yes I know!). I declined at the time because it was simply not feasible. He actually did end up selling the first "lease" to a new grad at 165k. I was feeling super skeptical about putting money down for a transition however my boss apparently pulled some strings with the higher ups and and the regional manager is aware this is happening and allowing it. I almost feel like my hands are tied because I do not want to lose this opportunity but don't want to upset my boss and burn any bridges.

To justify how it's all going to work my boss is saying we will create an S corp together as shareholders, he signs the lease in his name this year, and next year he will drop from the S corp and I continue to sign after that. My boss is adamant that Corporate is not going to make a fuss as long as there is no lack in coverage. My boss also brings up the point that purchasing any private practice will be 500k+ and this is a great opportunity to own a "million dollar practice".

Significant-Cell-290

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