I believe all sugar factory locations have closed. I know the Mirage store closed last fall, and the Sugar Factory restaurant at Paris closed recently and re-opened under another name.
Yup. Can confirm the closing of Sugar Factory at Paris. They are opening a Sugar Factory location in the new Bally's shops though.
Good riddens, I never understood that line of business. Let me pay 25 bucks for a lollipop with Kim K name on it. The food at Paris SF was overpriced and underwelming. Maybe CET is waking up thru bankruptcy and keeping high performing businesses.
I don't these agreements are pure rent for space deals. In some cases companies license the Brand and hire an operator. For example they may want to dedicate space for dinning and have some type of revenue sharing.