View Full Version : Loomies is for sale!!
Matt-EUC
13-11-13, 11:51 AM
Scalable?
ClunkintheUK
13-11-13, 11:53 AM
can't make it bigger. And I can't hire people to do the work that the couple do, for the amount I expect that they make.
Matt-EUC
13-11-13, 11:56 AM
Oh.
Matt-EUC
13-11-13, 12:03 PM
You can't make the shop bigger no. But you could open another one.
Little chef, A J's, happy eater. Next could be Loomies. Admittedly those have all gone to **** but hey, you get my point.
My boss had heavy involvement with all three of those restaurants and I ride with Mr A J himself.
I'm sure they'd be happy to help me in a purely advisory capacity. (Cough)
ClunkintheUK
13-11-13, 12:10 PM
Will only work if you can hire people to do the work that the couple do, for less then the net profit of loomies. Yeah its possible, but (as per my estimates) I don't think it's likely.
Matt-EUC
13-11-13, 12:23 PM
The first thing I'd do is try and get the costs down. I'd shop around the suppliers, get some deals on the go. I'd ditch the **** on the menu nobody ever orders so I don't have stock I'm not using. And I'd make a breakfast that's reasonably portioned and not £8 a pop!
I think if there was a £5.99 basic breakfast with a coffee, more people would eat.
I would also be trying to increase footfall and thus increase turnover. I'd be contacting local bike dealers and getting them to do demo days. I'd ask for those big ass banners to give them some advertising in return for referrals.
I have lots of ideas and would shamelessly steal them from you guys if I went ahead and bought it.
I only went to one bank to ask for the cash. There are many more.
I wish you all the best Matt....and I'd certainly give you my cash in return for a good bacon sarnie and a cup of coffee.
atassiedevil
13-11-13, 12:31 PM
Considered making them an offer on the lease? While it's empty it's not earning them money.
If you did, i'd certainly be over occasionally for a bacon sandwich or breakfast.
Matt-EUC
13-11-13, 12:51 PM
It all started as mere speculation but I'm very good at talking myself into stuff.
Matt-EUC
13-11-13, 12:53 PM
The biggest problem is going to be getting the loan. Once I've got that I'm laughing.
Spank86
13-11-13, 12:57 PM
Also, you're talking as though you're not going to do anything. Do everything suggested in this thread and you'll be rolling.
for one you cant do everything suggested in this thread, for another you probably wouldn't want to.
Matt-EUC
13-11-13, 12:58 PM
As always, useful advice from Adam.
Spank86
13-11-13, 01:06 PM
Advice is only as useful as the person receiving it.
In this case...
Matt-EUC
13-11-13, 01:07 PM
A good point well made.
Littlepeahead
13-11-13, 01:09 PM
Interesting how you all assume it'd be a crap business and they're probably getting out because they're struggling.
Have you considered that they are getting out because you lot have of the GM have made their lives miserable for the last few years and they've got to breaking point? :smt072
for one you cant do everything suggested in this thread, for another you probably wouldn't want to.
Frankly, if it's Matt wearing the bikini to wash down the bikes I think it's better if he doesn't progress that idea, however good it was when I originally suggested it.
Spank86
13-11-13, 01:11 PM
I'll have you know we're polite and well mannered at loomies, we always take our cups back in and hardly ever make offensive remarks.
Besides their staff aren't as harassable as the ones over the road.
Matt-EUC
13-11-13, 01:11 PM
Do you think if I asked nicely enough fallout would do the website for me for free?
Littlepeahead
13-11-13, 01:12 PM
Do you think if I asked nicely enough fallout would do the website for me for free?
No.
Matt-EUC
13-11-13, 01:14 PM
I'm exchange for some money of course...
Spank86
13-11-13, 01:24 PM
Do you think if I asked nicely enough fallout would do the website for me for free?
Only if you want a chuckle.
Just don't blame me if it randomly starts displaying pictures of *****.
Matt-EUC
13-11-13, 01:25 PM
It would probably get more traffic that way...
Wideboy
13-11-13, 01:28 PM
I'll have you know we're polite and well mannered at loomies, we always take our cups back in and hardly ever make offensive remarks.
Besides their staff aren't as harassable as the ones over the road.
There's harassing and theres stalking/rape.
Spank86
13-11-13, 01:57 PM
I save the stalking for your house when you're at work Gav, you know that.
ClunkintheUK
13-11-13, 02:49 PM
This seems more likely for what you were saying earlier Matt.
http://m.daltonsbusiness.com/fast-food-restaurants-for-sale/sandwich-delivery-business-in-se-hants-hampshire-uk/331004
Matt-EUC
13-11-13, 02:52 PM
This person is just selling a name and a van... That's not at all what I want.
Seems like you have thought this through Matt. Now just do what I do when I get in this position, DO IT! Don't think and just do. That's how I ended up with the street (and I still blame Simon for that. Well I s'pose blame isn't all that correct as I love the bike!)
Spank86
13-11-13, 06:11 PM
I'd suggest putting together a business case instead of just walking into a bank and asking them to bung you a bundle.
Matt-EUC
13-11-13, 07:29 PM
I've been in to see Leon today.
Loomies is NOT for sale.*
He didn't put it on the market and all of the information is gleaned from a third party or has been fabricated.
*Unless you offer him a stupid amount of money
Spank86
13-11-13, 07:34 PM
£5 and a blow job is a pretty stupid offer.
Matt-EUC
13-11-13, 08:06 PM
Make him an offer then!!
There's a bit more to it than that.
If, after some discussions with friends with a lot more experience than me, I still decide I want to buy. I will make an offer to Jane and Leon and start negotiations.
If/when that happens, I'll give you guys some updates.
minimorecambe
13-11-13, 10:41 PM
I save the stalking for your house when you're at work Gav, you know that.
As scary as that is :-?
I am glad we are moving to a location that will not be disclosed to you as next time you can stay on the embankment ;)
andrewsmith
13-11-13, 11:02 PM
Matt if your that hell bent on running a biker cafe. The manor cafe outside of Leeds is forsale as a freehold.
The downside is you'd need a minimum of £2.5 million in capital to buy it!!
The rule of thumb with cafe/ bar/ restaurants is it's a 100% mark-up on everything. Profit target is around 80% of your mark -up (cooks/ chefs time is in the base cost)
The profit left then pays the utilities, rates, tax, services.
Sent from my ST25i using Tapatalk 2
Wideboy
14-11-13, 07:46 AM
So it being up in Leeds isn't a downside?
Spank86
14-11-13, 07:52 AM
As scary as that is :-?
I am glad we are moving to a location that will not be disclosed to you as next time you can stay on the embankment ;)
You wont be wanting a phone line or internet then
BWAHAHAHaaaa:smt077
Wideboy
14-11-13, 08:00 AM
I don't know why shes getting smart we're looking at two houses off the top of leigh road later
Spank86
14-11-13, 09:18 AM
I don't know why shes getting smart
The only way was up after the events of the 16th of august?
andrewsmith
14-11-13, 12:38 PM
So it being up in Leeds isn't a downside?
Nope it's about 10 miles from Leeds
Sent from my ST25i using Tapatalk 2
minimorecambe
14-11-13, 02:59 PM
I don't know why shes getting smart we're looking at two houses off the top of leigh road later
Oh god is it nearly he stalker?!
Matt-EUC
14-11-13, 03:00 PM
Oh god is it nearly he stalker?!
That makes very little sense.
Spank86
14-11-13, 03:48 PM
"nearer the"
perhaps.
Wideboy
14-11-13, 04:03 PM
Well the 5 mile buffer zone drops to about 1/2 a mile
Thunderace
16-11-13, 08:43 AM
I've been in to see Leon today.
Loomies is NOT for sale.*
He didn't put it on the market and all of the information is gleaned from a third party or has been fabricated.
*Unless you offer him a stupid amount of money
May have been worth checking this out before going to your bank and posting a dull and ultimatley pointless thread? :rolleyes:
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