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Restaurant ‘Forced’ to Charge $450 a Waffle, Blames Groupon

Merchant describes daily-deal site's practices as 'bloodthirsty'


Millions of people adore daily-deal site Groupon (NASDAQ:GRPN). Craig Nelsen, the co-owner of Back Alley Waffles in Washington, D.C. is not one of them.

In fact, the artisan waffle-maker blames Groupon for the closing of his restaurant. Customers can still buy waffles from Nelsen, but at a whopping $450 a pop. It’s a price he says he’s forced to charge because of Groupon’s “bloodthirsty” practices.

Here’s the notice Nelsen posted on the waffle joint’s website.

Nelsen isn’t the only merchant angry with Groupon. You can find out why other business owners are miffed with the company and read what Groupon has to say about the $450 waffles at The Atlantic.

Article printed from InvestorPlace Media,

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