Why is it that restaurants fail in PTC?

This week Smokey Bones will close its doors. In just a few short years we have lost Valentinos, Macaroni Grill, Buckhead Brewery (soon to become new home to Walgreens), Ginza and the due to the tax man at the Avenues.

I am told that it has to due with our city laws regarding the serving on alcohol if you have any type of past infraction with the law. Is this true? Something doesn’t make sense..can any help solve the restaurant dilemma which is plaguing this city?

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Xaymaca's picture
Submitted by Xaymaca on Fri, 06/01/2007 - 1:48am.

PTC residents are lousy tippers.
Smiling
-reserved for something more clever to say


Submitted by Yo on Tue, 05/29/2007 - 1:28pm.

Quality and management is what makes a restaurant. Service and Value are a close 2nd. I love going Georgia Shrimp or even PartnersII... they keep the home in hometown. The restaurants that have failed here have for the most part failed everywhere minus the lease thing with Macoroni Grill... Buckhead Brewery was horrible the 2 times I went there. Fudruckers close down everywhere.

And then location and word of mouth also plays a part. Grind & Wines was there for over a year before I discovered it. Same with Big Daddy's... the best {{{EDITED}}} crab legs and shrimp I've had anywhere without an ocean view...

Peachtree City is tapped out with the chain thing... maybe a Chipoltle or Carabeu Coffee could swing it, but the rest is just repetition.

I've stated it before... PTC needs 1 or 2 upscale chains to fill the void...

Maggianos... Cheesecake Factory... Houstons... these not only would fit in, they would thrive since the would also be destination points for the entire southern side of Atlanta...

Submitted by bubbletown on Tue, 05/29/2007 - 9:02am.

One thing that makes business harder in PTC for restaurants is the lack of interstate travelers. When a restaurant doesn't have their act together here, word gets around and local people stay away.

At any rate we still have way too many chain McRestaurants and not nearly enough real ones. Please help support our local independent restaurants - Cafe Pig, Wines & Grinds, The Ga Shrimp Company, etc. Never been a fan of Paschal's but I know others are or they wouldn't have been here so long.

Restaurants need to always pay attention to these three things to attract and more importantly - retain - customers: Quality, value and service. Trendiness, ambience, brand recognition, etc. can only carry you so far especially here in the bubble.

Submitted by tonto707 on Sun, 05/27/2007 - 8:18pm.

paper reports 54 smokey bones closing in north central and southwestern U S, none in southeast. I would be surprised if PTC bones is closing, maybe it is.

Too many eating places means some will be closing, poor management is another cause. Tight management for the chains is the only thing that will work, hands on for mom and pop operations. Turning cash businesses over to teenagers guarantees failure at the till.

Submitted by tonto707 on Sun, 05/27/2007 - 8:26pm.

a website with a list of the smokey bones closings

http://www.smokeybones.com/closed_restaurants.asp

PTC is not on this list.

mudcat's picture
Submitted by mudcat on Sun, 05/27/2007 - 7:38pm.

Restaurants fail because they don't have enough customers. When they come to PTC and open with a new theme, they all cite the high household income and make the case that we all eat out 4 or 5 times a week.

Obviously we don't, but the brokers and developers and site selectors perpetuate this myth. The funniest thing this year is the morons that bought Buckhead Brewery's building and now have it up for resale. They have to cut their losses - which they discovered after they closed on the building. Idiots.

What is so sad about all this is that you can measure household income aginst debt and immediately discover that almost everyone in PTC is over their heads with house payments and as a result does not have disposable income - and disposable income is what you need to support Macaroni Grill and Pascal's and the others 5 or 6 nights a week.

Poor Pascals is going out next and that is sad since he is a class act.


nuk's picture
Submitted by nuk on Sun, 05/27/2007 - 2:41pm.

Buckhead Brewery failed at all of its locations....the concept and prices weren't a hit.

Macaroni Grill's food wasn't any different than any other chain and they wanted a longer term lease than the property management firm was willing to sign.

Valentino's? Probably didn't like the exorbitant lease rates in Braelinn shopping center so they decided to not renew and move.

Ginza. Changed ownership several times until it was mis-managed into closing. I think Kiku's at the Pavillion as well as Ginger House and E-Ka in Newnan probably took the majority of Ginza's business away over time.

Fuddrucker's? $10 for a hamburger, fries and a drink doesn't fly in a lot of places.

Famous Fish. Forgot to pay(or probably couldn't pay) taxes. Very overpriced seafood and the owner was an arrogant tool who got into an argument right after opening with FC Foodie in the Citizen paper of all people. Yeah, that FC Foodie is one tough critic, not!Smiling

I haven't heard anything about the PTC Smokey Bones closing. I would be really surprised because the place seems packed at lunch and dinner every day. I don't think they have a lack of business problem at all.

There are a LOT of restaurants in PTC and surrounding areas. Any downturn in the local economy(like Delta in recent years) can have abig effect on people's dining budgets and some restaurants aren't going to survive. I think the area had been over-saturated with restaurants and this is the inevitable shake-out of the places that simply aren't good enough.

NUK


Submitted by outtabounds6 on Sun, 05/27/2007 - 6:21pm.

I hear the Five Guys burger place isn't such a hit. Any of you guys been there? I hear the burgers aren't worth the money. A shame. I was looking forward to trying it. I hope Smokey Bones sticks around. The only place I know with better stew is Harold's BBQ.

Basmati's picture
Submitted by Basmati on Mon, 05/28/2007 - 10:16am.

We ate there Saturday. Kids loved it, I thought it was a trifle pricey for what you got. Kid were amazed at how many french fries you got compared to other places, I said yes, for $2.40 or so you'd better get a lot of fries.

"Regular" burgers come with two patties on a bun, btw.


nuk's picture
Submitted by nuk on Tue, 05/29/2007 - 5:52am.

It's good, but not sure it's worth the $. They could practically run a drive-through on 54 as close as the building is to the road:) Not the 5 Guys fault...that one rests directly on PTC gov for not requiring much of a setback for those outbuildings at all.


Paul Perkins's picture
Submitted by Paul Perkins on Sun, 05/27/2007 - 6:31pm.

Tried it once-it's pretty good. You get a lot to eat if you're in the mood for a burger. The Gezzo's next door is very good if you want Mexican. Similar to Moe-Jo's but better quality.


Submitted by outtabounds6 on Sun, 05/27/2007 - 8:43pm.

I am going to give them a try. Gezzo's sounds great as well. Thanks for the heads up.

Basmati's picture
Submitted by Basmati on Sun, 05/27/2007 - 4:26pm.

I think the Buckhead Brewery shot themselves in the foot when they re-tooled their menu. They dropped every single low price item on their menu and became "Buckhead Steakhouse and Brewery" with entrees starting at about $20. Wasn't worth it after that.

Fuddruckers, someone had a blog somewhere here about them, they were doing just fine in their location but the landlord got greedy and tried to either double or triple their building rent, gambling that they wouldn't shut down. The landlord gambled wrong.


nuk's picture
Submitted by nuk on Sun, 05/27/2007 - 7:02pm.

thanks, i didn't know the full story on Fuddruckers.

I know the other 3 Buckhead Brewery's also closed at the same time as the PTC location and I think they decided the GA market wasn't for them.

NUK


Submitted by dollaradayandfound on Sun, 05/27/2007 - 3:16pm.

Darden owns Smokey Bones, as well as Red Lobster and Olive Garden. among a few others.
They closed about 40% of the Smokey Bones restaurant on May 5, and are trying to get the financing in order for the rest to sell them.

Submitted by dollaradayandfound on Sun, 05/27/2007 - 3:21pm.

are run on borrowed money---usually low rated money. There is a certain level of volume required just to pay for the loans, usually very high.
Run something like the airlines! On credit as long as possible.
Without the bars they would close in 90 days.

Submitted by McDonoughDawg on Sun, 05/27/2007 - 12:35pm.

The old Buckhead Brewery building is back up for sale. Not sure if the deal everyone thought was happening fell through or not.

I saw a list of Smokey Bones that closed all over the US. I did not see the PTC location on it. Could be though, I know about a month ago, they closed many stores, including the one near Northpoint Mall.

Macaroni grill closed due to the owners demanding a 10 year lease, or at least that was the word.

The space at the Avenue has been leased, I do know that.

Submitted by intheknow on Sun, 05/27/2007 - 8:06am.

Just ate there last night, didn't look like it was closing. Got a lot of hello's from staff and management, good service with plenty of coke refills and come and see us again type service. Didn't seem like they are closing.

Submitted by michele on Tue, 05/29/2007 - 9:26am.

I just spoke to a employee there and they are NOT closing. I also went on their website and in Atlanta it looks like the "mall" locations are the ones closing. I am glad that they are not closing their ribs are great !!!!

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