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Old 07-31-2011, 05:54 PM   #1
Mr. V
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Originally Posted by VitaBene View Post
Well, that does not bode well. Tough location?
Nothing wrong with the location: it worked out great for Waldo Pepper's.

It always amazes me to see how many people open restaurants, only to watch them fail.

Tough game to play.
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Old 07-31-2011, 09:14 PM   #2
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Nothing wrong with the location: it worked out great for Waldo Pepper's.
With all due respect, it did not work out for Waldo and Peppers. The restaurant business is very tough.
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Old 07-31-2011, 09:17 PM   #3
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Originally Posted by Mr. V View Post
Nothing wrong with the location: it worked out great for Waldo Pepper's.

It always amazes me to see how many people open restaurants, only to watch them fail.

Tough game to play.
Whoa whoa whoa...it worked out great for Waldo Peppers?
So much so...that she wanted to move?
Kinda like..."hey, we are making a bit too much money here...we better relocate and get a handle on this."
I remember something about taking on new partners, and wanting to expand...but if that was a good location, I would imagine they would have stayed.
I don't really think it is the best location. Very easy to pass it by, and not even notice.
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Old 08-01-2011, 02:39 AM   #4
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No, it's not a great location.

You'd need something to grab the eye.

Maybe something like, oh I don't know, an airplane?

It seemed to me that the owners did a pretty good business at the original location of Waldo Peppers at the Weirs.

Sure, the plane helped, as did the buzz from this board, but at the end of the day it comes down to good food and good service.

This is the High Season; if Blazin' Bill isn't blazin,' he'll fizzle out, pronto.
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Old 08-01-2011, 06:27 PM   #5
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As a small business owner may I say it is all about, "do I have enough cash to survive with a negative balance for 2 years? And BTW that includes not paying myself for anything concerning the time I put in, for at least that time period." Too bad, if this is the story. Everyone thinks they can run a restaurant. It's one of the toughest businesses to be in!
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Old 08-01-2011, 07:32 PM   #6
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As a small business owner may I say it is all about, "do I have enough cash to survive with a negative balance for 2 years? And BTW that includes not paying myself for anything concerning the time I put in, for at least that time period." Too bad, if this is the story. Everyone thinks they can run a restaurant. It's one of the toughest businesses to be in!
You are totally correct. My "core competency" is starting businesses, mostly in technology-related sectors, but I've advised people on starting and raising funding for ice-hockey rinks, paving companies, commercial real-estate, and a dozen other random things.

Very frequently everyone only assumes best-case scenarios and never accounts for all the random overhead, unexpected expenses, price increases, lack of product availability and so on. So often people are caught off-guard for very predictable common problems.
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Old 08-02-2011, 12:46 PM   #7
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The guy down the street from us who built a 350k house in a 200k area. No market survey just went to town and originally priced it close to 500k.
The house has been on the market for something like 6-7 years and he’s stuck living in it.
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Old 08-02-2011, 06:00 PM   #8
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Post Yup

This economy will part a fool and his/her money very quickly.

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Old 08-02-2011, 06:03 PM   #9
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Default same as

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This economy will part a fool and his/her money very quickly.

Jetskier
...as will gambling, drugs, booze, women....
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Old 08-03-2011, 10:02 AM   #10
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...as will gambling, drugs, booze, women....
... as will raising children, hobbies, church ...
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Old 08-04-2011, 08:18 AM   #11
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Default All in All.....

Outta the last 3 post's, I'd have to vote for SA's methods.....
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Old 08-06-2011, 12:25 PM   #12
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Did not get a chance to eat at Blazin' Bills, but every time I drove by during my weeks vacation (at least once a day-at different times) the parking lot was always full. It appears to be extremely popular, and it has a great location.
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Old 08-07-2011, 06:49 AM   #13
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Did not get a chance to eat at Blazin' Bills, but every time I drove by during my weeks vacation (at least once a day-at different times) the parking lot was always full. It appears to be extremely popular, and it has a great location.
Guy from MA: Are you sure you're thinking of the right place? Most of the earlier posts refer to the emptiness of the parking lot, and that's also been my experience.
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Old 08-07-2011, 08:23 AM   #14
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There seems to be a back story on Blazin Bills, that struggles to get out. How did he run into problems so fast and run out of business so fast?

There are a lot of American Idol moments in the restaurant business, but wow that was fast. By Idol moment, I mean in the first few weeks of the season, when people who have been encouraged as great singers by their friends and families, find out they have no talent.
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Old 08-07-2011, 11:07 AM   #15
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Guy from MA: Are you sure you're thinking of the right place? Most of the earlier posts refer to the emptiness of the parking lot, and that's also been my experience.
I know it was Blazin' Bills because of the sign and the old WP building..

On several occasions i passed by i noted a good amount of cars(maybe 10 or so-parking lot seems a bit small);although after considering your post, it just occurred to me that those could be employee cars.
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Old 08-07-2011, 11:12 AM   #16
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I believe some people are parking in his lot and going to the beach. It saves them the $10 fee at the beach lot and with no one around to stop them, it happens.

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Old 08-07-2011, 11:38 AM   #17
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I know it was Blazin' Bills because of the sign and the old WP building..

On several occasions i passed by i noted a good amount of cars(maybe 10 or so-parking lot seems a bit small);although after considering your post, it just occurred to me that those could be employee cars.

And it was closed and didn't see any cars in the parking lot.
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