AcerFC
Footballguy
Good luck. Like I said before, I would go with the best that you can to start. No sense in starting small.
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McClure's BBQ (1 Viewer)
- Thread starter tipsy mcstagger
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PinkydaPimp
Footballguy
nice congrats!![[icon]](/data/avatars/m/5/5167.jpg?1660313464){kind=avatar}
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Insoxicated
tipsy mcstagger
Footballguy
too bad this means no MIM.....
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Insoxicated
BigJohn
Footballguy
too bad this means no MIM.....
tipsy mcstagger
Footballguy
Its gonna take something horrific to keep me from coming.
Awesome!
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Insoxicated
I f'n hope so! We're counting on yaIts gonna take something horrific to keep me from coming.
tipsy mcstagger
Footballguy
Yeah...start helping me look for a sexy spot...that is for sale. I'm going to try to buy instead of lease. The entire city is open for debate now, except the FQ, Marigny/Bywater. I'd even consider Freret again...but the word is there will be no more liquor licenses given as the neighborhood thinks too many now and want retail to start coming in.
Given a free drop (other than Freret), what's your ideal location?ETA: thinking about ambiance, if there's anyway to set up a killer patio...do it. I think you mentioned how good the one at the rusty nail was...Not sure if you've ever been to Velvet Cactus out in Lakeview, but they have an awesome patio...and it's always packed...which says alot b/c the food sucks.
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tipsy mcstagger
Footballguy
Honestly...right in the riverbend. I've lived and worked on maple / dante for the majority of my adult life. I know everyone in the hood. But..maple st association are very difficult (ask fat hen & brunos) to deal with and we got bbq @ squeal and fat hen within blocks already)Then i'm partial to Prytania between louisiana & jeff / same area down on magazineMid city keeps coming up. and i love mid city.Lakeview has come up a ton. everyone out there is booming. i just don't have any clue about that area, and it is a pain to get there from where i live traffic wise...but easily dealt with if a great spot was avail.or...midcity near the new hospital corridor / dookie chase's / willie mae's scotch house.The area i've been zero'd in on is me wanting to be a pioneer....gonna but that more on hold for now as many areas in town "could" be the next freret...but maybe not.And yes. I want patio. Outdoor dining is the stuff here. Shade & fans help, but the summer is terrible for patios...unless...they get a tin roof and screened in too...
Big mistake IMO. http://www.businessknowhow.com/startup/business-failure.htm
Capital is king for a start up. A week ago you were talking about selling bricks to raise capital just to get started and now you're talking about going into the real estate business. If you have more money than you know what to do with, get the investors paid back quickly and make the venture 100% yours as quickly as possible. Focus on growing the business, not loan applications at this stage. When you're a huge success in a couple of years, buying will be a piece of cake with a pretty balance sheet and top shelf track record.
You'll probably rock it strong out of the gate, but something likely will happen and there will be a down time. Things happen beyond your control that can set sales back for a short period. You need cash on hand to weather that storm.
Market may be different in NO, but leasing options are plentiful and cheap in most areas.
tipsy mcstagger
Footballguy
It won't be "mine" if all of it is in a leased building. And why is paying a mortgage payment worse than paying rent?
mr roboto
Footballguy
I agree with leasing. Let someone else pay the note. You don't wanna have to come with a down payment when that could be spent on marketing.
A lease is much easier to break than a mortgage. You can get months of free rent, TI allowance, someone else has to maintain the exterior etc. We've even had buildout paid for (lower cost retail concept, but still).
A lease is much easier to break than a mortgage. You can get months of free rent, TI allowance, someone else has to maintain the exterior etc. We've even had buildout paid for (lower cost retail concept, but still).
meanjoegreen
Footballguy
A lot of restaurants lease their space. That doesn't make the restaurant not theirs.
ffldrew
Footballguy
I'm in the own the space if you can afford it camp - can't tell you how many popular restaurants I've heard getting the screws put to them at lease renewal. The initial savings is wasted when you are forced to move after you have built up your business in a particular location - it isn't easy to pick up a move a restaurant.
If it is a lease you need a lot of protection in rent increases at renewal and several ways you can extend it for various lengths at favorable payments - if you own there is peace of mind that you control your destiny.
If it is a lease you need a lot of protection in rent increases at renewal and several ways you can extend it for various lengths at favorable payments - if you own there is peace of mind that you control your destiny.
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tipsy mcstagger
Footballguy
this....and that.
been screwed twice by leases as gm of places in past.. and i don't want to build out more than once for my place. if i have two locations, ok...but to abandon a renovated space just to do it again is not smart.
and remember....i'm spitballing here.
Technically it's the banks unless you are going to buy it outright. If you have that type of cash and given your area of expertise, you should be pursuing two locations.I suspect the rent payment will be pretty close owning payment without the capital tied up.
I hear ya...everything obviously has it's pros and cons. Probably too much of a risk to take a shot at the "next Freret street"...unless you've got tons of capital plus an inroads to the political landscape, it's a crapshoot.FWIW, I think the magazine/prytania areas are the most desirable...(1) they're proven (2) they're not going anywhere (3) they're as "centrally located" as you can be outside of CBD.I didn't hear you mention Warehouse Dist/CBD, which is absolutely booming....apartments are getting scooped up right away, and you have tons of young professionals with tons of disposable income...plus the catering possibilities are endless. Not sure what kind of commercial space is available though.After that, I like Mid City...pretty well centrally located; and IMO is poised to be the next place for younger folks to build/renovate houses after lakeview fills up. Plus with the hospitals, it's going to go nuts.Lakeview is definitely booming, tons of 30-40 crowd with families have moved in; and they aren't going anywhere...but as you mentioned it's a bit further out from some areas....which is why I dislike the riverbend...it's really tough to get to if you don't live close.anyway, just my thoughts...be happy to talk more :beer:
Mister CIA
Footballguy
Pardon the random Negra Modelo thought, but GoDaddy says mcQlures.com is available.
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Insoxicated
I'm big on domain speculating but I gotta say meh on that one. The "Q" in the name only works if it reads right. Honestly even McCluresbarbecue is a tough name due to lots of spellings of both his name and barbecue (Barbeque) etc. If its me, I'm looking for a catchy short domain (mccbbq.com) or a slogan domain (makefriendswithmeat.com) for sticking power.
tipsy mcstagger
Footballguy
And if it didn't work out, which i am less worried about now that i've fed a few thousand meals in the last few months, I could sell the house. A lifetime of reading customers reactions to the food and everything else is one thing I am really good at and I know my food is going to keep me afloat...if i become rich is one thing (doubtful..its still just a restaurant), but paying a mortgage and all the other bills....done. I helped dante's survive for years through the years when many nights had less than a dozen customers and lunches were less busy than the out of the blue pop up ones i have now. i wouldn't be making this jump from a very awesome job/restaurant if i didn't have some faith in my vision.And if I "own" the house (ie mortgage) for the same monthly cost as paying rent with just a bit up front that i can recoup in a sale....no brainer to my logic.
tipsy mcstagger
Footballguy
Also...catering....
I have more catering lined up in the next month than I have sold in any previous month here at lunch. This is where my own fundraising begins. I am going to try to have a couple of good sized gigs every week from now until the end of summer to go straight to my own fundraising efforts.
And the guys that run the Rusty Nail down in the warehouse district have invited me to set up shop on Tue, Wed, and Frid...including the possibility of Friday lunches which could be huge (if we can shade that patio). May pick up Thur & Saturday eventually...Saturday days there are about as busy as a place can be during Alabama & LSU games.
I have more catering lined up in the next month than I have sold in any previous month here at lunch. This is where my own fundraising begins. I am going to try to have a couple of good sized gigs every week from now until the end of summer to go straight to my own fundraising efforts.
And the guys that run the Rusty Nail down in the warehouse district have invited me to set up shop on Tue, Wed, and Frid...including the possibility of Friday lunches which could be huge (if we can shade that patio). May pick up Thur & Saturday eventually...Saturday days there are about as busy as a place can be during Alabama & LSU games.
tipsy mcstagger
Footballguy
And if anybody hasn't had my stuff yet...good. It got better this week across the board after some more fine tuning. I had more "holy crap thats good" comments this week than normal. Im so loving this!
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Sarnoff
Footballguy
what he said
tipsy mcstagger
Footballguy
will you bring friends from that small little building you work in on Poydras? another instant client pool....my wife works at the biggest ad firm in town a few blocks from the rusty nail.'Tiger Fan said:Friday lunches would be awesome for me
tipsy mcstagger
Footballguy
Colin is working on the investment stuff...it will happen on some level. and regardless of investing...get ur butt down...we got 2 weeks of music, food, and awesome going on in town right now. (jazzfest)
definitely...and I think I mentioned this before...but most of the departments order from a handful of places for lunches: Sun Ray Grill, Voodoo BBQ, Superior, P&G, Reginelli's, and the sandwich place downstairs...the one thing they all have in common is that they value the business and get everything there on time for meetings. If you can somehow unseat Voodoo, you could be consistently getting orders from us. I'll definitely pass the name along!will you bring friends from that small little building you work in on Poydras? another instant client pool....my wife works at the biggest ad firm in town a few blocks from the rusty nail.'Tiger Fan said:Friday lunches would be awesome for me
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Insoxicated
I can help. I'll burn Voodoo downdefinitely...and I think I mentioned this before...but most of the departments order from a handful of places for lunches: Sun Ray Grill, Voodoo BBQ, Superior, P&G, Reginelli's, and the sandwich place downstairs...the one thing they all have in common is that they value the business and get everything there on time for meetings. If you can somehow unseat Voodoo, you could be consistently getting orders from us. I'll definitely pass the name along!will you bring friends from that small little building you work in on Poydras? another instant client pool....my wife works at the biggest ad firm in town a few blocks from the rusty nail.'Tiger Fan said:Friday lunches would be awesome for me
(I keed I keed)
tipsy mcstagger
Footballguy
I am now officially available to cater any size lunch any day of the week with 24 hours notice...sometimes less. And I won't be bringing the Wal-Mart, err i mean Voo-Doo BBQ with me either
Let me know whom needs a plate lunch delivered to them next week (ie the folks that put these lunches together) .
Let me know whom needs a plate lunch delivered to them next week (ie the folks that put these lunches together)
.good to know. One thing to remember...especially for big buildings with security access...allow at least 15 minutes for parking, checking in, etcI am now officially available to cater any size lunch any day of the week with 24 hours notice...sometimes less. And I won't be bringing the Wal-Mart, err i mean Voo-Doo BBQ with me either
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Insoxicated
Well...we usually order Corkys for 30 every couple weeks but I can definitely get them to switch!Let me know whom needs a plate lunch delivered to them next week (ie the folks that put these lunches together)
tipsy mcstagger
Footballguy
Word. I catered daily in downtown Portland for 5 years...those kinda building are such a pain, but at least they generally have loading docks & freight elevators. But opening up that revenue stream for the company i worked for increased our stores sales by a minimum of 30% within 6 months.'Tiger Fan said:good to know. One thing to remember...especially for big buildings with security access...allow at least 15 minutes for parking, checking in, etcI am now officially available to cater any size lunch any day of the week with 24 hours notice...sometimes less. And I won't be bringing the Wal-Mart, err i mean Voo-Doo BBQ with me either
Word. I catered daily in downtown Portland for 5 years...those kinda building are such a pain, but at least they generally have loading docks & freight elevators. But opening up that revenue stream for the company i worked for increased our stores sales by a minimum of 30% within 6 months.'Tiger Fan said:good to know. One thing to remember...especially for big buildings with security access...allow at least 15 minutes for parking, checking in, etcI am now officially available to cater any size lunch any day of the week with 24 hours notice...sometimes less. And I won't be bringing the Wal-Mart, err i mean Voo-Doo BBQ with me either
ChrisCooleyFan
Footballguy
You anywhere Saturday nights or Sunday?
tipsy mcstagger
Footballguy
not currently. i will be popping up at least on Sat nights about 1/2 blk from dante's...but not for a month or so. See yall soon man.
tipsy mcstagger
Footballguy
Goodbye Dante's. Tonight is it. I'm banning myself for 1 year from the property (once im cleaned up tomorrow that is) so I can start letting it go....10+ years in one restaurant is a very long time to be an employee.
The Z Machine
Footballguy
GLLLLLLLLLLLL Tipsy. You're well on your way.
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Insoxicated
:tips40oz:
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Insoxicated
Help tipsy out....
Vote for McClures BBQ to be best in NOLA!
http://survey-whereyat.wehaaserver.com/
Vote for McClures BBQ to be best in NOLA!
http://survey-whereyat.wehaaserver.com/
AcerFC
Footballguy
DoneHelp tipsy out.... Vote for McClures BBQ to be best in NOLA! http://survey-whereyat.wehaaserver.com/
BroncoFreak_2K3
sucker for Orange
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