P&L Boneyard

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KCPowercat
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P&L Boneyard

Post by KCPowercat »

With the GG need thought a running list of p&l failures would be fun.....my opinion why they failed follows each.

Bice - bad food. Company issues
Famous Dave's - food sucked
Ragland road - bad management. Cash flow issues
Genghis grille - bad fit. Ownership obviously not urban minded
Peachtree - ownership fail
Chefburger - ownership fail
Vinino - cordish ran. Rebranded.
Teds - left market
Coffee/wine bar (forget name) - ownership


Very few if any would I point to lack of potential customers as primary reason for failure.
mean
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Re: P&L Boneyard

Post by mean »

Well, it depends. Raglan Road was, I think, just way too big and had way too much overhead. Plus I'm sure they spent far too much money on their tenant finish. Genghis Grille... who would ever go to a place like that? Seriously? I can't think of anyone I know or any situation I've ever been in where someone was like, "Gee, I'm really in the mood for Genghis Grill." And if they did, they'd have been pointed at Genghis Khan anyway. 119th is exactly where that place belongs, and exactly where Famous Dave's belongs.

I don't know why it is, exactly, that shitty restaurants which can thrive elsewhere do poorly in the city, but it seems by and large to be the case.
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KCPowercat
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Re: P&L Boneyard

Post by KCPowercat »

Kinda what I referring at by cash flow issues for RR....too much expense given their demand....too big. I believe their Disney location is suffering the same problems.....maybe I made that up in my head.

I agree with you on shitty restaurants. Not sure why either....
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Re: P&L Boneyard

Post by bobbyhawks »

Can we add the 7-10 empty storefronts to the list of failures? I don't understand Cordish's unwillingness to cut a sweatheart deal for some retailers West of Main. Empty storefronts, 3 years after being built does a lot more damage to the area's reputation than having a row of stores they make little or no profit from would.
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Re: P&L Boneyard

Post by earthling »

No surprise GG closed. Like Famous Dave's, the food (especially the meat) tasted like it came out of a cryogenic package. If a restaurant isn't good, it closes. No surprise on this one.

OTOH, you got to wonder if there are too many restaurants downtown with that many P&L places not making it. Or the rent is too high? Non-P&L downtown restaurants with likely lower rent last much longer.
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Re: P&L Boneyard

Post by mean »

Anyone remember the name of that Jamaican / Caribbean place that was on the first floor of whatever the Transamerica building is called now?
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Re: P&L Boneyard

Post by KCMax »

Plaza Ford Ideal. That was there what, six weeks?
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Re: P&L Boneyard

Post by mean »

Pretty sure that wasn't it...
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KCPowercat
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Re: P&L Boneyard

Post by KCPowercat »

Yeah those in and out dry cleaners I didn't include.

Ummmm...carribean place was mango something....mango room?
mean
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Re: P&L Boneyard

Post by mean »

Ah, yeah, that was it. Sad to see that place go.
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KC Kropf
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Re: P&L Boneyard

Post by KC Kropf »

KCPowercat wrote:With the GG need thought a running list of p&l failures would be fun.....my opinion why they failed follows each.

Coffee/wine bar (forget name) - ownership
Savvy was the name of that place, replaced by Latte Land and they are doing very well.

Mango Room replaced by Ingredient, no idea how they are doing but their sidewalk cafe gets good use with the nice weather.

There is still that "Green" dry cleaners.

I really worry about the Gelato/Cofee spot that took over Bice Cafe space.
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Re: P&L Boneyard

Post by KCPowercat »

Additions to boneyard:

- Frans
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FangKC
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Re: P&L Boneyard

Post by FangKC »

What was the place in the Mainstreet Theater that was in the space where The Chesterfield is now? The Marquee?
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Re: P&L Boneyard

Post by thegeester68 »

Yes, it was the Marquee
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