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re: How mainstream BR Restaurants can survive in this economy

Posted on 2/20/10 at 1:11 pm to
Posted by TigahRag
Sorting Out OT BS Since 2005
Member since May 2005
132775 posts
Posted on 2/20/10 at 1:11 pm to
I eat lunch there a lot and I wouldn't say it is busting at the seams .. and like I said .. it isn't that big .. it look busier than it really is ...
Posted by Politiceaux
Member since Feb 2009
17664 posts
Posted on 2/20/10 at 1:23 pm to
quote:

the place always has people, but it never has a wait and there is never a "crowd"


Try parking at the Jefferson location on a weekday between 11:30-1. You're lucky to find a spot. I passed the other day when I planned to go and people were actually waiting on jefferson highway trying to turn in at noon.
Posted by TigahRag
Sorting Out OT BS Since 2005
Member since May 2005
132775 posts
Posted on 2/20/10 at 1:34 pm to
that is small, old pizza hut parking lot there .. we are talking about the coursey location ..
Posted by Will Cover
Davidson, NC
Member since Mar 2007
39890 posts
Posted on 2/20/10 at 2:48 pm to
quote:

The economy is really not bad in baton rouge.


My attorney friend, who is a bankruptcy attorney, disagrees.

He told me that it is really bad out there. Says he sees it all the time in his office and not with people who are just very bad with money management and lack financial discipline.
Posted by LSUDad
Still on the move
Member since May 2004
61859 posts
Posted on 2/20/10 at 4:47 pm to
quote:

I eat lunch there a lot and I wouldn't say it is busting at the seams .. and like I said .. it isn't that big .....


They move a lot of people in that little place.

quote:

it look busier than it really is ...


Lots of to-go-orders.



Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 2/20/10 at 5:53 pm to
quote:

The economy is really not bad in baton rouge.

Baton Rouge has been fortunate in that the recession has taken longer to reach here. However, anyone who pays attention can see that the recession has reached Baton Rouge, and the restaurants are on the leading edge of businesses affected.
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
77760 posts
Posted on 2/20/10 at 6:35 pm to
quote:

Baton Rouge has been fortunate in that the recession has taken longer to reach here. However, anyone who pays attention can see that the recession has reached Baton Rouge


how so? What other industries have been affected?
Posted by mtcheral
BR
Member since Oct 2008
2081 posts
Posted on 2/20/10 at 8:26 pm to
Medicine. People can't afford copays or deductibles so they don't go to the md unless they have to.
Posted by glassman
Next to the beer taps at Finn's
Member since Oct 2008
117833 posts
Posted on 2/20/10 at 8:34 pm to
quote:

What other industries have been affected?


New housing construction is certainly way down. As it is in every market I serve. The Lafayette area is the only one that is steady at the moment. I have seen a slight increase in the last couple of weeks both in BR and NO, but I am not sure if it is real or not.
Posted by LSUDad
Still on the move
Member since May 2004
61859 posts
Posted on 2/20/10 at 9:16 pm to
quote:

What other industries have been affected?




New housing construction is certainly way down. As it is in every market I serve


This is true, but along those lines, many people are doing additions, remodels, updating, adding new double pane windows, etc.

Also along those lines, many are keeping cars longer, not buying a new car every 1-3 years.
Posted by Mike da Tigah
Bravo Romeo Lima Alpha
Member since Feb 2005
61368 posts
Posted on 2/20/10 at 9:25 pm to
(no message)
This post was edited on 2/20/10 at 9:37 pm
Posted by Martini
Near Athens
Member since Mar 2005
49619 posts
Posted on 2/21/10 at 8:42 am to
It certainly isn't the fever pitch it was two years ago but that wasn't sustainable anyway. Baton Rouge has traditionally been pretty conservative and thus was not overly built in regards to housing and commercial space. As Dad pointed out above BR has some built in insulators including the chem plants, two major university's, refinery's and the state government as well as the port. While these all may reduce in spending they will never go away.

It is like anything else. The strong survive the marginal will be gone. Most restaurants and retail that close were doomed from the start and just had the momentum from the post Katrina and US ecomony keeping them going. Even if "good" restaurants close it could be for many reasons. Just because the food was good doesn't make the owner a business model. Many are under capitalized from the start and many have no idea how to run a business. That doesn't necessarily have anything to do with the current economy.

Look at New Orleans, a food town. If you know anything about the restaurant scene there over the years you know that large number of great or good restaurants have gone out of business and a large number of restaurants have opened for business. And I'm not talking about Katrina. Take that out of the equation.

Restaurants come and go and it's a tough business but the good ones not only survive they thrive in times like these. Many places you do have to wait for a table on a Friday or Saturday night.

Baton Rouge is an eating out town and while some may not be spending like they used to many are. Most people don't realize just how much money there is in Baton Rouge. This place took a many hundreds of millions of dollar hit with Stanford Group and it wasn't much more than a bump in the road for the city as a whole. Now if you lost money in that, which I know many that did, you would disagree with me but as a whole this place is doing well.
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
58300 posts
Posted on 2/21/10 at 9:20 am to
I like this "My friend says it is bad." "Well my friend says it is good", argument.
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 2/21/10 at 9:23 am to
quote:

What other industries have been affected?

Automobile sales and repairs, furniture sales and commercial real estate have all suffered. Even my clients with lawn and garden services have seen their revenues decline.
Posted by tavolatim
denham springs
Member since Dec 2007
5114 posts
Posted on 2/21/10 at 9:29 am to
I really can't put my finger on the BR restaurant scene....In New Orleans you either have great food and service or you are gone...In Baton Rouge, local sub-par restaurants survive because the owner is a nice guy.
Posted by BigAlBR
Member since Jun 2008
5099 posts
Posted on 2/21/10 at 9:31 am to
My point is that the marginal restuarants need to step up their practices or they will go out.
Posted by pochejp
Gonzales, Louisiana
Member since Jan 2007
8032 posts
Posted on 2/21/10 at 9:34 am to
quote:

Baton Rouge has been fortunate in that the recession has taken longer to reach here. However, anyone who pays attention can see that the recession has reached Baton Rouge




how so? What other industries have been affected?


I work for an industrial gas company and our business is down 20% vs. a couple of years ago.
Posted by Martini
Near Athens
Member since Mar 2005
49619 posts
Posted on 2/21/10 at 10:25 am to
quote:

What other industries have been affected?



Automobile sales and repairs, furniture sales and commercial real estate have all suffered. Even my clients with lawn and garden services have seen their revenues decline.


Many have suffered and have been affected. But this is kind of the way I look at it. I remember the mid 80's when BR when to shite. I remember my father who was in business in Baton Rouge for over 50 years saying when I was a kid "you save the money from the good year to get you through the bad year because you will always have a bad year sometime."

His basic statement which meant "live within your means" and "always save for a rainy day."

I have always done that as have most all of my family. We will survive because that was instilled in us as kids. I have many friends that have no clue what this means. Many of them are suffering because of it. But I don't feel sorry for anyone that has ten maxed out credit cards, several large car notes on 50-100 k vehicles, a hybrid exotic 30 year mortgage on a 500k and up home and takes many expensive vacations each year and now all of the sudden they realize they have been upside down for years.

These are the reason your lawn and garden clients are seeing revenues decline. These are the ones that had those services when they really couldn't afford them. I see it in my block. I have always done my own yard because for me it is therapy, hobby and exercise and was always told I was just cheap. Well, guess who's doing their own yards now? The ones calling me cheap. It's funny.

Most people that live within their means will survive and thrive. The overindulgent will not. My habits have not changed one bit. I go out to eat as often as I always have because I have always gone when I could afford it.
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
58300 posts
Posted on 2/21/10 at 10:40 am to
quote:

.In New Orleans you either have great food and service or you are gone.
Like red lobster and olive garden and chili's right?
Posted by bossflossjr
The Great State of Louisiana
Member since Sep 2005
12274 posts
Posted on 2/21/10 at 10:53 am to
quote:

Even my clients with lawn and garden services have seen their revenues decline.


after this years freezes.....these folks should have plenty of work in BR....my neighbor and i were discussing how everyones plants died...few survived.....and how the landscape folks should make a killin this spring.

we even considered starting a biz w/ my son and his lsu buddies.... lining up work.....for the spring/early summer only!
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