re: Galatoire's Bistro

quote:

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I find it hard to imagine any other Galatoire's outpost will be as profitable as the original on Bourbon St. I dont say this because of typical NO is better bs but rather that a significant percentage of the check average at the original is probably due to alcohol sales. Alcohol is a tremendous profit stream for restaurants. If people are just going to other Galatoire's outposts for an appetizer, glass of wine, and entree, they arent going to be that profitable.

Galatoires on Bourbon is a bar with sometimes above average bar food.

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The 10x point is just nuts.

There can't be a single restaurant location in the state that currently makes more than 5x what Galatoires Bourbon Street makes. There's no way this BR "Bistro" is going to be twice as profitable than any other restaurant in Louisiana or 10x as profitable as their other location.

Like you, I'd be surprised if it even equals the Bourbon Street revenue.