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re: Want to reopen the "historic" Fleur de Lis Pizza? Merely a $4.5 million asking price

Posted on 3/10/23 at 10:05 pm to
Posted by TROLA
BATON ROUGE
Member since Apr 2004
14752 posts
Posted on 3/10/23 at 10:05 pm to
CC fees like all things are negotiable and one of those things you just build into your overhead cost %. The high benefit cards really hurt you like Amex , discover and add in all the reward programs passed along and you have to stay on top of monthly..

The bigger issue for this price.. no way they’ve been completely honest on their financial reporting.. I can’t imagine trying to decipher a true value with their books
Posted by Tall Tiger
Golden Rectangle
Member since Sep 2007
4269 posts
Posted on 3/10/23 at 11:05 pm to
That's crazy pricing for a building that will probably end up being a payday loan place or a tint shop.

You can buy Delmonico's in Nola right now for $4.1 million right or Upperline for $1.5 million (which is a steal). Both far better restaurants and properties than FDL.
Posted by andouille
A table near a waiter.
Member since Dec 2004
11549 posts
Posted on 3/11/23 at 1:28 am to
There is nothing historic about that dump, tear it down and put something prettier, like a junkyard.
Posted by davyjones
NELA
Member since Feb 2019
36755 posts
Posted on 3/11/23 at 3:40 am to
quote:

Assholes probably want it in cash.

Relax man, they’ll have an ATM right there for you when you need it.

I’d gobble up a shrimp and extra cheese from there right this second.
Posted by johnnyrocket
Ghetto once known as Baton Rouge
Member since Apr 2013
9790 posts
Posted on 3/11/23 at 7:28 am to
Too much expense to make a profit.
There is more competition especially pizza places in the area.

Basically you are getting the property.

Building probably cheaper to tear down, plus does not meet todays demands of inside and outside sitting for that area.

Product was just a greasy pizza and there was not anything that set it apart from the competition.

I see someone negotiating to buy the property basically for less than $4.5 million.
Posted by NfamousPanda
Central
Member since Jan 2016
1189 posts
Posted on 3/11/23 at 7:52 am to
I will never understand why people liked that place.

Cash only, maybe some of the worst pizza in town and smelled and looked disgusting in that place.
Posted by Ed Osteen
Member since Oct 2007
59245 posts
Posted on 3/11/23 at 7:54 am to
I can’t tell you how many times I wanted to go pick up a pizza from fleur de lis, realized I didn’t have cash, and said frick it I’m not going to an ATM
This post was edited on 3/11/23 at 7:54 am
Posted by bee Rye
New orleans
Member since Jan 2006
34582 posts
Posted on 3/11/23 at 8:44 am to
quote:

i only had their pizza once. it was fine but wildly overrated.
almost as overrated as Johnny’s.
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