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OZ on Bourbon St. declares bankruptcy

Posted on 7/1/15 at 11:06 am
Posted by JS87
Member since Aug 2010
17758 posts
Posted on 7/1/15 at 11:06 am
...and will be sold the the highest bidder.

Which OT baller already put 5 mill up?


LINK

quote:

NEW ORLEANS (WVUE) -A popular French Quarter dance club has declared bankruptcy.

Oz, billed as New Orleans’ No. 1 gay dance club, will be sold to the highest bidder, according to our partners at Nola.com/The Times Picayune. The dance club will be sold during a July 22 auction.

The owners of Oz were allegedly unable to pay off millions in loans that were due last summer, the paper reports. This forced the owners to sell the business.

An attorney for one of the owners says an interested party has already entered a bid of nearly $5 million.

If that bidder wins, he intends to continue to operate the club as Oz, according to reports.

The club is located at 800 Bourbon Street.
Posted by tzimme4
Metairie
Member since Jan 2008
33917 posts
Posted on 7/1/15 at 11:06 am to
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 7/1/15 at 11:07 am to
Gays are terrible with money..
Posted by Hangover Haven
Metry
Member since Oct 2013
34865 posts
Posted on 7/1/15 at 11:08 am to
Straight guy my wife worked with while she was in nursing school would pull in over $300 in tips tending bar on Sunday nights...
Posted by BigPerm30
Member since Aug 2011
32448 posts
Posted on 7/1/15 at 11:09 am to
quote:

$5 million


You'll have to slang a lot of cosmos to recoup that.
Posted by idlewatcher
Planet Arium
Member since Jan 2012
98872 posts
Posted on 7/1/15 at 11:10 am to
quote:

Oz, billed as New Orleans’ No. 1 gay dance club
quote:

declared bankruptcy.


Billed as #1 by all 3 people that went there?
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 7/1/15 at 11:10 am to
quote:

r $300 in tips


just the tip?
Posted by WeeWee
Member since Aug 2012
46011 posts
Posted on 7/1/15 at 11:12 am to
quote:

OZ on Bourbon St. declares bankruptcy


never heard of it

quote:

Oz, billed as New Orleans’ No. 1 gay dance club,


That would explain why I never heard of it.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
139245 posts
Posted on 7/1/15 at 11:13 am to
I feel bad for whoever has to clean the bathrooms in that place at the end of the day.
Posted by Putty
Member since Oct 2003
25919 posts
Posted on 7/1/15 at 11:14 am to
quote:

OZ on Bourbon St. declares bankruptcy by JS87


ten months ago
Posted by rondo
Worst. Poster. Evar.
Member since Jan 2004
77520 posts
Posted on 7/1/15 at 11:15 am to
quote:

Oz, billed as New Orleans’ No. 1 gay dance club,


That would explain why I never heard of it.



You're so homophobic you have never heard of Oz?

If you are from south of I-10 and haven;t heard of Oz you are either secretly gay and trying too hard or a fundamentalist babptist.
Posted by ksayetiger
Centenary Gents
Member since Jul 2007
70474 posts
Posted on 7/1/15 at 11:16 am to
quote:

declares bankruptcy


I guess they really took it up the arse for that to happen
Posted by boddagetta
Moulton
Member since Mar 2011
10064 posts
Posted on 7/1/15 at 11:16 am to
Some church or christian group will buy it.
Posted by notiger1997
Metairie
Member since May 2009
61825 posts
Posted on 7/1/15 at 11:17 am to
quote:

Billed as #1 by all 3 people that went there?


I'm pretty sure they did a shite load of business. Gays from all the world like to visit N.O. and it seemed like the place was busy most weekends.

As someone else said, must have had bad mgmt.
Posted by notiger1997
Metairie
Member since May 2009
61825 posts
Posted on 7/1/15 at 11:20 am to
quote:

If you are from south of I-10 and haven;t heard of Oz you are either secretly gay and trying too hard or a fundamentalist babptist.




Probably so.
There has never been a Bourbon Street thread in the history of the OT where some tard didn't suggest for someone to walk to the other end of bourbon. They have to know what club is down there.
Posted by Clyde Tipton
Planet Earth
Member since Dec 2007
40908 posts
Posted on 7/1/15 at 11:22 am to
They've been morally bankrupt for years.
Posted by Ignignot
Member since Mar 2009
18823 posts
Posted on 7/1/15 at 11:22 am to
quote:

Straight guy my wife worked with
Posted by crimsonsaint
Member since Nov 2009
37917 posts
Posted on 7/1/15 at 11:27 am to
quote:

There has never been a Bourbon Street thread in the history of the OT where some tard didn't suggest for someone to walk to the other end of bourbon. They have to know what club is down there.


I've been to Nola a hundred times and never heard of OZ. All I know is that trannies and gays hang out on one end of bourbon.
Posted by WeeWee
Member since Aug 2012
46011 posts
Posted on 7/1/15 at 11:27 am to
quote:

You're so homophobic you have never heard of Oz?

If you are from south of I-10 and haven;t heard of Oz you are either secretly gay and trying too hard or a fundamentalist babptist.


I'm from the good part of the state and that is north of I-10.
Posted by ksayetiger
Centenary Gents
Member since Jul 2007
70474 posts
Posted on 7/1/15 at 11:29 am to
quote:

I'm from the good part of the state and that is north of I-10.





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