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At Cabbage Key Inn, Dollars Are
Everywhere — Literally
You would think that a bar on a tiny island that
is a 20-minute boat ride from the coast of Florida would need all the
publicity it could get –– not the case with Cabbage Key Inn. The island
bar, restaurant and inn located on Cabbage Key in Pine Island Sound,
Fla., relies solely on word-of-mouth, grassroots marketing to attract
visitors, and there are plenty of them. Despite the lack of traditional
tourist targeting, this destination under the sun is a profit paradise.
“We have an advertising budget,” says Cabbage Key’s General Manager Ken Wells, “we just never use it.”
This is probably because Cabbage Key operators already have all the
volume they need. Spring is the busiest time of year for the inn,
mostly due to spring breakers and snowbirds, and from February to
April, the restaurant and bar average 500 customers per day. Wells adds
that patrons who can’t fit in the bar or the restaurant areas “are
welcome to overflow onto the whole island.” Such freedom of
movement is possible because Wells’ parents own the island, and they
have for the past 30 years.
Dollars Everywhere 
“I'm only 26,” Wells explains, “so my parents have owned the island
since before my time. I went to school by boat.” Cabbage Key is only
100 acres of land, and although people do rent out the seven cottages
owned by the inn from time to time, the restaurant and bar is the main
attraction. Termed the “Dollar Bill Bar,” every inch of Cabbage Key
Inn’s bar area is covered in –– you guessed it –– dollar bills.
Traditionally, customers write their name on a $1 bill and mount it
wherever they can find room on any surface in the bar; even the piano
is covered. Wells explains that the tradition began nearly 60 years
ago, when a simple fisherman’s bar stood in the place of the inn.
Legend has it that when a fisherman had a successful day on the water,
he would go to Cabbage Key’s bar to celebrate. In honor of his luck, he
would write his name on a dollar bill and stick it to the wall. That
way, when he had an unsuccessful day fishing, at least he could go back
there and buy a beer with his saved-up dollar.
Cabbage Key no longer is just a local fisherman’s joint. Wells
characterizes the clientele as a diverse group ranging from those who
pull up in ancient motorboats to those who arrive in
multi-million-dollar yachts.
Famous patrons of the island include baseball players from the Red Sox
and Twins involved in spring training in nearby Fort Meyers. And since
the waters around Cabbage Key are famous for tarpon fishing, Cabbage
Key still is drawing fishermen. It’s even rumored that Jimmy Buffet
played at the Cabbage Key bar before he got famous.
Due to the Dollar Bill Bar’s constant traffic, the inn is so fully
covered with bills that there has to be a plan for those dollars that
no longer stick. “The ones that fall off go to charity, usually
something involved with marine biology or children,” Wells says. After
Hurricane Charley hit the area, the money went to a different cause: a
family from nearby Pine Island that had lost everything to the storm.
Made Without Shade
Cabbage Key Inn is open for business everyday, often with live music at
night, and despite its level of popularity, it employs a relatively
small staff, Wells says.
“We only have three bartenders, which is a pretty small number.
But, the staff lives on the island. So, if we employ them, we have to
house them.”
Money-covered walls, a 26-year-old general manager and an entire island to itself –– what more could a bar need? NCB
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