500,000 Reasons to Oppose This Ordinance
As we have discussed elsewhere, the BYOB ordinance will force Midnight Hookah to close or move to another location. Obviously that is quite a negative impact on the patrons of this establishment, but there is a fairly dramatic downstream economic effect if this happens. Roughly how much money Groton's economy gains on an annual basis in secondary economic activity from Midnight Hookah. If Midnight Hookah is forced to close or move, then the people who are going there will instead go to New London or Norwich, taking their money with them. We estimate that the economic impact could be over half a million dollars per year if this were to happen. Sounds like a lot, doesn't it? Let's look at the numbers. Where do people go when they leave Midnight Hookah. According to the information we have been able to gather, most people who leave will stop and spend money somewhere else before going home. That spending is mostly right here in the Groton economy. Approximatel...