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Started By
Message
re: Galatoire's Bistro
Posted on 1/24/13 at 3:26 pm to Solo
Posted on 1/24/13 at 3:26 pm to Solo
10x may be an overstatement but it will be more profitable.
Property taxes, management salaries, employees salaries and maintance kills the bottom line at the bourbon street location.
Basically in BR you will have very low property tax, one G.M., one "chef" (if that), extremely lower employee salaries & almost no maintaince costs. Easily will make more money than the original.
Property taxes, management salaries, employees salaries and maintance kills the bottom line at the bourbon street location.
Basically in BR you will have very low property tax, one G.M., one "chef" (if that), extremely lower employee salaries & almost no maintaince costs. Easily will make more money than the original.
This post was edited on 1/24/13 at 3:31 pm
4
Posted on 1/24/13 at 4:03 pm to threeputt
Top line is irrelevant here I guess.
Posted on 1/24/13 at 4:13 pm to threeputt
Let's see this restaurant survive before we make these kind of assumptions, hoss.
Posted on 1/29/13 at 9:41 am to threeputt
While the property taxes will certainly be much lower(trivial matter), one overlooked aspect is the economy of scale effect. The new location will lower some of the costs (accounting, training, etc) to the NOLA store by these costs being shared.
I'm not so sure the BR location will be more profitable. How is that one? I've not been, not a big fan of the Quarter location.
I'm not so sure the BR location will be more profitable. How is that one? I've not been, not a big fan of the Quarter location.
Posted on 1/29/13 at 11:01 pm to threeputt
quote:
one "chef" (if that)
Elaborate please.
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