Domain: tiger-web1.srvr.media3.us How would you invest 100K in food/drink | Food and Drink
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How would you invest 100K in food/drink

Posted on 11/4/15 at 3:40 pm
Posted by Martini
Near Athens
Member since Mar 2005
49642 posts
Posted on 11/4/15 at 3:40 pm
I had a discussion with a friend the other day. He's the guy that we always talk about - great cook and always wants to open a restaurant - but that's all he has going for him. Can cook. He'd never make it but he told me he wanted to do something with some money that he didn't care about. Or maybe that's not right - can spare is probably more appropriate. His problem is he'd probably open a burger or sushi place. He's not the creative type and his money would go poof.

He asked me what I would do with that and I told him put it in a hole in the yard and be done with it. I honestly could not say what food/drink related I'd want to do. Find someone to make beer and float a loan? Open a coffee shop/diner? I have no desire, discipline, energy or youth for it or the loving partner who would let me piss away her hard earned money. But it was a fun conversation.

What would the board do with 100k for this industry with it not being primary? Naturally you would want a return - it's not a gift - but an investment that might make a return or might not.

Start a bakery? BR needs a good bread bakery. Another Hot Dog joint? Buy a particular food/spirits stock? What say you for discussion since I'm tired of Johnny's Pizza.

Any good investors here? Curious.
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
78031 posts
Posted on 11/4/15 at 3:42 pm to
Open a Waffle House.
Posted by Day Wisher
New Orleans
Member since Sep 2010
400 posts
Posted on 11/4/15 at 3:45 pm to
100K? Build out a commercial kitchen and rent it out on an hourly basis to food start-ups.


Posted by mouton
Savannah,Ga
Member since Aug 2006
28276 posts
Posted on 11/4/15 at 3:46 pm to
I think a hot dog joint with all types of regional and international variations might to well if executed properly.
Posted by Fonzarelli
Dallas
Member since Jan 2015
4098 posts
Posted on 11/4/15 at 3:46 pm to
I would bring a Bud's Broiler and try to stick it somewhere next to Bogie's -- be that in the Mellow Mushroom parking lot or in that Greek restaurant's space next to whatever the hell Shady's is called now.
Posted by Matisyeezy
End of the bar, Drunk
Member since Feb 2012
16633 posts
Posted on 11/4/15 at 3:47 pm to
Get a Johnny's franchise in S.LA that rivals the Monroe location.

That or stick it in a hole and homebrew for a few years until I had perfected an IPA, DIPA, and an adjunct stout. Then dig it up and go for it. Craft beer drinkers love hops and adjuncts.
Posted by Tigertown in ATL
Georgia foothills
Member since Sep 2009
30263 posts
Posted on 11/4/15 at 3:48 pm to
BBQ is the thing that jumps out at me.

Since I don't live there anymore, I can't say for sure, but it seems there is dearth of good Mexican in BR.

High quality pizza place with a nice craft beer setup?

High end diner?
Posted by Rohan2Reed
Member since Nov 2003
75674 posts
Posted on 11/4/15 at 4:45 pm to
I'd find an office park that has no cafe or lunch options nearby and buy a small space and do to-go sandwiches, soups, salad, coffee, etc.
Posted by LSUcdro
Republic of West Florida
Member since Sep 2009
11362 posts
Posted on 11/4/15 at 4:45 pm to
Chicken Filet
Posted by LSU-MNCBABY
Knightsgate
Member since Jan 2004
25189 posts
Posted on 11/4/15 at 4:48 pm to
Taco Canbana near lsu.
Posted by Gris Gris
OTIS!NO RULES FOR SAUCES ON STEAK!!
Member since Feb 2008
49636 posts
Posted on 11/4/15 at 4:49 pm to
Invest in Chef Rob with a very strict contract full of restrictions.
Posted by wickowick
Head of Island
Member since Dec 2006
46304 posts
Posted on 11/4/15 at 4:54 pm to
Corn dog truck. Not crap corn dogs but really good ones with custom made meats and batters. Custom dipping sauces...
Posted by BlackenedOut
The Big Sleazy
Member since Feb 2011
6031 posts
Posted on 11/4/15 at 4:55 pm to
Open a bar.

A well run bar usually has a better profit margin than a well run restaurant. If he had to cook something, have 3 or 4 things one menu that any average joe you can hire can execute.

Its the F&M's model.
Posted by little billy
Orange County, CA
Member since May 2015
8469 posts
Posted on 11/4/15 at 4:57 pm to
Poor investment Gris Gris. He would not honor the contract or restrictions. Because he can't help himself. He is programmed to sabotage success.
Posted by BRgetthenet
Member since Oct 2011
118235 posts
Posted on 11/4/15 at 5:10 pm to
The correct answer here is a doughnut shop.
Posted by txbd
Valhalla
Member since Jan 2014
2331 posts
Posted on 11/4/15 at 5:26 pm to
I would open up a 24 hour Bud's Broiler by LSU's campus.
Posted by Btrtigerfan
Disgruntled employee
Member since Dec 2007
23640 posts
Posted on 11/4/15 at 5:27 pm to
quote:

BR needs a good bread bakery.


This.

French loaves, multi grains, and specialty breads.

It can cater to restaurants first. You could expand to include decadent desserts that could also be resold in restaurants in place of the snicker's cheesecake and bread pudding.
Posted by Tigertown in ATL
Georgia foothills
Member since Sep 2009
30263 posts
Posted on 11/4/15 at 5:29 pm to
quote:

great cook and always wants to open a restaurant - but that's all he has going for him. Can cook


Some of these ideas are not reflective of the parameters.

He needs a business partner to help him. Hmm. Sounds like that Rob cat.

I'm going with diner or bar with high end food.
Posted by BRIllini07
Baton Rouge, LA
Member since Feb 2015
3189 posts
Posted on 11/4/15 at 5:38 pm to
If it was $100k I didn't "care" about: Sports bar in downtown BR with a simple (but legit) bar menu.

Max ROI: Franchise a Walk-Ons in a mid-range suburb of Chicago (Schaumburg-type area). Capitalize on the "Cajun" thing that's in now and that "Best Sports Bar in America" thing in an area that doesn't know better.
Posted by ziggity06
Houston
Member since Dec 2011
53 posts
Posted on 11/4/15 at 5:41 pm to
If the money travels my wife had an idea for a sepecality pizza place in College Station
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