The pub’s co-owner Philippe Theodore said he is shutting down one of his first franchise locations because of an inability to negotiate a new lease agreement with shopping center representatives.
“We are not agreeable to their lease terms,” said Theodore, who declined to provide specific details.
Theodore and business partner Jason Rappaport opened the World of Beer at 17004 Palm Point Drive in November 2009. It was their second World of Beer location.
Theodore said he has tremendous fondness for the northeast Tampa location, its customers and staff.
“We had a great, loyal customer base and a great staff,” Theodore said. “I am saddened to leave that location.”
He said the proposed lease “wasn’t the right fit,” and it “wasn’t commensurate with today’s economic conditions.”
A representative from The Pointe at Tampa Palms declined comment.
Theodore and Rappaport will open a new World of Beer in Brandon next month, Theodore said.
Theodore and Rappaport own the franchise rights to open World of Beer venues in Hillsborough and Pinellas counties and one in the Trinity area of west Pasco County. They operate World of Beer locations in Carrollwood, South Tampa and St. Petersburg.
The Pointe, which opened in 2003, is on Bruce B. Downs Boulevard, south of Interstate 75 and the flyover bridge. It is home to Olive Garden, Red Lobster, Stonewood Tavern & Grill, McDonald’s, 7-Eleven and the retail strip center.