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Started By
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re: Fleur De Liz Pizza For Sale - $4.5 million
Posted on 3/12/23 at 4:58 am to 3BlockUber
Posted on 3/12/23 at 4:58 am to 3BlockUber
quote:
The building may not be worth much but the land right there is.
quote:
The building may not be worth much but the land right there is.
Something's worth is only what someone is willing to pay for it. No more, no less.
1
Posted on 3/12/23 at 8:44 am to liz18lsu
quote:
Something's worth is only what someone is willing to pay for it. No more, no less.
There are a lot of people out there
Posted on 3/12/23 at 10:08 am to Papercutninja
quote:
The sale includes the name, the property, all equipment and even the recipes.
I'll give them $45 for the recipes, mainly to shred them so that no one makes that garbage ever again
Posted on 3/13/23 at 6:20 pm to tigerinthebueche
When I go to a restaurant, I don’t go because the waiter is not friendly, or the building is not old or outdated, I go for the quality of the food. Their “Around The World” pizza was second to none. I hope like hell the place will re-open.
This post was edited on 3/13/23 at 6:24 pm
Posted on 3/13/23 at 7:14 pm to Papercutninja
They are asking for $4.5M and are probably really hoping to get $2M-$2.5M. The real estate and building might be worth $1M or so. The “goodwill” in the business MAY be worth another $1M. The business would not survive long unless they had a forward thinking owner who could both trade off the name/nostalgia and completely update the place to accommodate the modern market. Their customer base is aging, the neighborhood is changing, so they can’t on rely what kept them open for decades. The food simply isn’t good enough to sustain anything on its own. It pizza. Not exactly fine dining.
Anyone thinking they could pick up right where the current owners left off and thrive is probably a fool.
Anyone thinking they could pick up right where the current owners left off and thrive is probably a fool.
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