• Toledo Money
  • Posts
  • Summer’s Not Over, But the Deals Are Heating Up

Summer’s Not Over, But the Deals Are Heating Up

$21B Grocer Moves In, New Dining Debuts, and Business Keeps Booming

Hello, Thursday.

Is anyone else feeling the emotional whiplash of late July? Not quite ready to let go of summer… but also very ready for football season? (Go Irish—here’s to clawing our way back to the national championship. –Kaden.) Still, none of us will be wishing summer away once Ohio hits us with its classic “skip-fall-go-straight-to-winter” move. You know the one: 20-degree windchill by September.

Basement progress report: for those following along: I’m down to a few pieces of trim, a couple doors, and a handful of outlets. Bill’s knee-deep in drywall, DIY’ing like a champ. Momentum is real.

But enough about basements and weather. Let’s talk business. There’s a lot to unpack this week: a new grocer headed to Waterville, fresh dining concepts in two neighborhoods, and more.

Let’s get into it.

Local Stock Market | 📈 

Owens Corning | $OC ( 0.0% )  

Dana Incorporated | $DAN ( 0.0% )  

The Andersons | $ANDE ( 0.0% )  

Owens Illinois | $OI ( 0.0% )  

Welltower Inc. | $WELL ( 0.0% )  

Marathon Petroleum Corporation | $MPC ( 0.0% )  

Good Eats | Qdoba Is Coming To Toledo

Quick-Casual Meals Rock!

If you’ve lived in southeast Michigan like I did, odds are you’ve had a QDOBA phase. For a lot of us, it beat Chipotle more often than not, especially when it comes to the queso. (Seriously, not even close.)

Now, the fast-casual favorite is making its move into the Toledo area, bringing an easy option for quick lunches or family-friendly dinners, especially for those of us who’d rather not cook.

A quick bit of history: QDOBA actually started in 1995 under the name Zuma Fresh Mexican Grill. (Yes, we mentioned this concept last week—brands evolve, and that’s the point. Start now. Improve later.) Today, QDOBA pulls in around $750 million annually. From tacos, burritos, and Tex-Mex? Yup.

But here’s what you actually want to know:

Toledo’s getting two QDOBA locations.

  • East Side: Look for a new spot on Navarre Ave. in Oregon.

  • West Side: A second QDOBA is set for Fremont Pike/US 20, joining the stretch of new retail, food, and development we’ve been tracking.

Grab the chips and queso. It’s happening.

✈️ Beyond the Headline: Allegiant’s New Route and Why

If you’ve spent more than ten minutes at a Toledo Express Airport baggage carousel in February, you already know: half of Northwest Ohio migrates south when the windchill dips below “frostbite in 8 minutes.”

Now Allegiant’s making it official.

Starting this fall, you’ll be able to fly Toledo to Sarasota nonstop. Two and a half hours. No layover in Charlotte. No sprint through O’Hare. Just a quick zip from the cold grey of TOL to the palm-lined parking lots of SRQ.

But this isn’t just about convenience. Allegiant’s move is backed by economics, data, and human behavior that almost guaranteed this route would open.

Let’s unpack why.

🧭 Florida Has a Northern ZIP Code Problem (And It’s Ours)

Every year, the Florida DMV sees a surge in out-of-state license plates during snowbird season. Ohio consistently ranks top five. In Sarasota County alone, thousands of homes are owned by people whose mailing addresses trace back to Lucas, Wood, and Fulton counties.

Translation: We’re not just visiting. We’re living there, at least part-time.

And once you’ve got a condo near Siesta Key and a boat slip you tell people you use, you’re not driving 18 hours twice a year. You’re looking for a nonstop flight that doesn’t require paying Detroit Metro $36/day to babysit your car.

📈 Sarasota’s Skyward Trajectory

While Toledo’s been quietly sharpening its economic edge in logistics and advanced manufacturing, Sarasota’s gone full throttle on growth:

  • Population up 14% since 2010

  • SRQ passenger traffic nearly tripled from 2018 to 2023

  • Median home value: $470,000+

  • Median age: 56.2 (perfect for Allegiant’s Tuesday and Saturday flyers)

💼 The Route Math Works Both Ways

Allegiant doesn’t mess around with guesswork. Their playbook is optimized for direct, leisure-heavy, underserved routes. They avoid major hubs. They avoid expensive gates. And they stick with cities where the data shows demand even if it’s hiding inside a Delta layover.

And that’s exactly what was happening here.

Toledo travelers were already flying to Sarasota.
Just not from Toledo.

They were driving to Detroit or Columbus, booking connecting flights, and tolerating the madness because the Gulf Coast was worth it. Allegiant’s bet? Make it easier and they’ll come straight to you.

🧠 So, What Does This Mean for Toledo?

It means our airport just got stickier.
It means our residents just got options.
And it means Allegiant sees what we already know: this region travels, and we don’t mind spending for the right experience.

The bigger picture? These kinds of routes quietly validate the strength of a region’s discretionary income, migration ties, and economic gravity. Sarasota didn’t get picked at random and neither did we.

And who knows? If this one fills up, don't be surprised if Naples or Myrtle Beach is next.

See you on the tarmac. Just don’t forget your sunscreen.

So Sweet Patisserie Is Back — Reopening August 9 with Less Burnout, More Baklava

If you’ve lived in Toledo for a while, chances are you’ve had a So Sweet dessert at a wedding, a graduation, or a very fancy Tuesday. But over the past few years, the beloved patisserie quietly lost its spark.

“We were running on fumes,” says Muhammed Abdel-Ghani, son of the original owners. “The shop looked fine from the outside, but behind the counter, it was chaos. We were exhausted.”

After more than a decade of French cakes, Lebanese pastries, and long hours, the family hit a breaking point. The options were simple: shut it down or start over.

They chose the second and this time, they’re doing it with purpose.

On Saturday, August 9, So Sweet Patisserie will reopen with a new look, a tighter menu, and a fresh energy. It’s not a rebrand. “It’s more like therapy,” Abdel-Ghani jokes. “We stripped it down to what actually matters: great desserts, a welcoming space, and making people feel like they belong.”

So what’s new? The shop now blends French patisserie charm with Lebanese warmth (and less stress). The menu is streamlined, the design is fresh, and the team is focused on connection not just transactions.

Doors open at 10:00 a.m., and the first five guests in line get six months of free coffee, because if you show up early for pastries, you deserve to be rewarded.

Come for the baklava, stay for the vibe. So Sweet is back and better for it.

Media or partnership inquiries:

Muhammed Abdel-Ghani, Owner

Money Confessional | The Executive Dad with Deep Roots

Age: 56
Roles: VP at a regional shipping firm
Salary: $235k

Meet a longtime Toledo local in his mid-40s who’s built a solid career in logistics and a life centered around his family of five. After 20 years with the same company, he’s now a VP at a regional shipping firm and still somehow making it to soccer games and Sunday dinners without missing a beat.

🏡 Living Situation: Owns a 4-bedroom home in Ottawa Hills.

“We bought it about 15 years ago, got in before the market took off. It’s where we raised our kids and built our rhythm. I don’t see us going anywhere else.”

💵 Household Income: Around $280K total.

His salary is $235K, and his wife brings in about $45K working part-time at a local nonprofit.

“She stepped back a bit when our youngest was little, but she’s always kept one hand in the mix.”

Favorite Splurge: Family travel and his espresso machine.

“We try to do one big family trip each year, last summer was the Grand Canyon, this year it’s Italy. And I probably care too much about getting the perfect espresso shot every morning.”

💡 Biggest Financial Worry:

“College. Two are already in, and the youngest isn’t far behind. We’ve saved, but it still adds up fast. We’re trying to keep them from starting out in debt.”

💼 Other Income:

Some rental properties around the area and a few stock options through his company.

“Nothing crazy, but it adds up and gives us some flexibility long-term.”

🗣️ Toledo Tip:

“In this town, relationships matter. Be consistent, be helpful, and people remember you. That’s how doors open.”

📊 Net Worth: Around $1.3M.

That includes home equity, 401(k)s, a brokerage account, and two paid-off cars.

“We’ve just stayed steady. Lived a little under our means, stayed off the lifestyle treadmill.”

📖 Budget Style:

Works with a financial advisor and uses an app to track spending.

“My wife handles the day-to-day budget, and we check in every quarter. It’s not fancy, but it keeps us aligned.”

🌱 Inspiration:

“I want my kids to know that success doesn’t have to mean burnout. We’re aiming for something sustainable: freedom, time, and a life that feels good to live.”

🚨 Subscribe to Toledo Money for more sharp money stories, local business moves, and bold professionals betting big on Northwest Ohio: www.tolmoney.com

More than Clicks: The Audience Powering Business Conversations in Metro Toledo

📊 More Than Clicks: The Audience That’s Powering Toledo’s Business Conversation

At Toledo Money, we’ve never been interested in shouting into the void. We’re here to build a bullhorn for the business-minded folks who are building, hiring, leading, and reinvesting in Northwest Ohio. And the data? It’s showing we’re doing just that.

Let’s get into it.

🧠 Who’s Reading Toledo Money?

On LinkedIn, we’re not chasing vanity metrics we’re tracking value.

  • 93,416 impressions prove people are seeing us.

  • 1,608 reactions show they’re responding.

  • 1,200 unique visitors means they’re curious.

  • And 76% of all this traffic? Straight from Metro Toledo.

This isn’t a passive crowd. It’s a who’s who of Finance, Ops, and Biz Dev.
We’re talking real decision-makers:

  • 28% are CXOs, VPs, or Directors

  • 30% are senior-level pros

  • 23% come from companies with over 10,000 employees (hello, Fortune 500s)

  • And for the mid-market warriors? 15% come from companies with 100–200 people

Also shoutout to Manufacturing, making up 60% of our LinkedIn following. Not just legacy industry... modern muscle.

🌐 On the Web: Mobile, Apple, Local

Our website numbers mirror what we already know: our audience is on-the-go, high-output, and brand-loyal.

  • 1,400 unique visitors

  • 2,700 page views

  • 85% are rolling with Apple

  • 66% are reading from their phones (commute reads > coffee scrolls)

We’re rooted in Toledo, Sylvania, and Perrysburg, with Maumee and Ottawa Hills right behind. And yes, we see you Columbus and Cleveland keep coming.

📱 Facebook: The Suburban Sphere of Influence

Think Facebook’s dead? Not in Waterville, Monclova, Maumee, Whitehouse, or Perrysburg.

  • 25,745 views

  • 1,420 visits

  • 383 link clicks

This is where professionals live and where they lead from HOA boards to business budgets. It's backyard influence with bottom-line impact.

🧭 What It Means: Quality > Quantity, Always

We're not building a media empire based on noise. We’re building community capital the kind that gets Toledo in the ears of state leaders, the kind that gets our audience hired, funded, or featured, and the kind that keeps our region growing in headlines and in headcount.

If you’re reading this, you’re part of it.

If you’re not yet subscribed? The water's warm, the audience is 300+ sharp, and the insights are always local.

Money Snacks

Here are a few headlines we are snacking on

  • You know the old saying, “everything’s for sale at the right price”? Well, it’s starting to feel more and more true. Word on the street is that Levis Commons is up for sale. Now, don’t panic, this isn’t as dramatic as it sounds. If you’ve been following Levis over the years (or even glanced at a few headlines from October 2024), you’ll know this isn’t their first rodeo. Turns out, listing the property is kind of their thing. It’s often just a way to get an updated valuation for appraisal purposes more than anything. That said… if you happen to have a few extra tens of millions lying around, they might just entertain an offer. 😉

  • Meijer makes the move to the ‘cornfields’ of Waterville. Is this a bat signal for others to fast-follow? It would sure be nice not having to drive to Maumee to quell my Chipotle burrito fix. The land was purchased for $3.9M ten years ago… Imagine the valuation today.

  • Feedback needed… did you make it to this last money snack? If so, shoot Kaden and I an email. We want to know what you like, dislike, love or hate about the newsletter. [email protected] - (seriously, we will take it like champs).