The new restaurant is set to officially open on November 1st at 10 am.
The opening of Ken's represents the last in a string of eight new restaurants that have opened in Bedford during the past 6 months which includes b.Good, Bedford Cupcake, Chipotle's, Ginger, Panera Bread, Subway and Wicked Good Frozen Yogurt. It would be interesting to compare the meals sales tax revenue numbers for Bedford for 2012 with 2013 to see if the new restaurants were able to drive additional customers to Bedford.
2 comments:
Bedford's extra meals tax motivates some to dine in nearby towns without it... Bedford also doubled hotel tax which hurt our local employers who put up employees (rather they choose hotels in Billerica side of Middlesex Turnpike where no extra Bedford tax).
The extra local meals tax is a hassle for local small restaurants and hurts tips for staff.
But before we cut these back, time to end CPA 3% surcharge .
Hi Anonymous,
Thanks. Do you have any information on the hotel tax increase? I see the local occupancy tax rate for Bedford is 6% (effective Sept 2009) which is the same as Burlington and Billerica. From the list I have most of the local towns are at 6%.
The local meals tax is interesting. About 60% of the towns have implemented it. Burlington has the 5th highest revenue per capita in the state at just under $50. From my calculations, I estimate total revenue from Burlington restaurants is around $150 Million.
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