Re: Lavar Arrington's Restaurant Goes Bankrupt
 

[quote=mredskins;562899]I was speaking in turning a profit but yes those are major headaches as well. You basically want to run with a 30% food cost, this is very hard to do when folks are stealing from you (how many business can their products be stolen by swallowing them? ), mistakes, spoilage, etc...

Ever wonder why there are so many Pizza places? It is probaly the easiet restaurant model to run. A pizza cost like a $1 to make and they charge like what $13 for a large. As long as you keep a close eye on your cheese it would be hard to fail becuse of food cost, so much built in profit.[/quote]I actually own a pizza restaurant as a side business. The food costs still run 26-28% (we do subs, pasta too). The cheese is the hardest to track and most expensive (although cheese costs are actually down over the last 6 months). Getting the cooks to consistently measure the cheese is difficult.

The actual labor costs when you figure taxes etc. runs about the same percentage as food. Making sure the employees are being productive even in slow hours is hard to do. Then you have drivers who like to stop by their buddies place between deliveries, frequent "smoke breaks", waitresses who like to talk all shift, etc. The fun never ends.

At the end of the day, even in the weakened economy we're keeping our heads above water, so we're very thankful.

Re: Lavar Arrington's Restaurant Goes Bankrupt
 

[quote=Bill B;562954]I mean look at Mike Vick - why on Earth is he in so much debt with what he made?[/quote]Repaying $ 6.5M, legal fees, weed, dog food, dog steriods, etc. That stuff ain't cheap.

Re: Lavar Arrington's Restaurant Goes Bankrupt
 

[quote=Slingin Sammy 33;562962]I actually own a pizza restaurant as a side business. The food costs still run 26-28% (we do subs, pasta too). The cheese is the hardest to track and most expensive (although cheese costs are actually down over the last 6 months). Getting the cooks to consistently measure the cheese is difficult.

The actual labor costs when you figure taxes etc. runs about the same percentage as food. Making sure the employees are being productive even in slow hours is hard to do. Then you have drivers who like to stop by their buddies place between deliveries, frequent "smoke breaks", waitresses who like to talk all shift, etc. The fun never ends.

At the end of the day, even in the weakened economy we're keeping our heads above water, so we're very thankful.[/quote]
Good to here your business is doing OK. What's the name of your restaurant and where is it located again?

Re: Lavar Arrington's Restaurant Goes Bankrupt
 

Yes, please post the name and location of your restaurant - glad to support a skins fan.

Re: Lavar Arrington's Restaurant Goes Bankrupt
 

I'll help Slingin' Sammy out. Here you go

[url=http://www.pembrokepizza.com]Welcome to Pembroke Pizza & Pasta[/url]

Re: Lavar Arrington's Restaurant Goes Bankrupt
 

So i guess no one remembers the person who was shot and killed at this resturaunt?

Re: Lavar Arrington's Restaurant Goes Bankrupt
 

Ive been to Lavar's restaurant several times, and while the menu wasn't the greatest the atmosphere was kool at times and also had some fine ladies come thru. He would have comedies and old school rappers perform and just mingle in the crowd afterwards. He also had a few bottles of cognac that cost like $2000 a bottle or $250 a shot that he had to place on a shelf that only a manager could get to with a ladder. So Im sure he was dealing with theft and "hook-up" issues also. Largo isn't the best location in the world but it seems many businesses over there at the Blvd. always seem crowded due to limited options in P.G. County.

Re: Lavar Arrington's Restaurant Goes Bankrupt
 

..i dont think there was a shooting at Sidelines..that was at Uno's in the same shopping center though...

Re: Lavar Arrington's Restaurant Goes Bankrupt
 

March 1st 2009, google it.

Re: Lavar Arrington's Restaurant Goes Bankrupt
 

[quote=SmootSmack;562989]I'll help Slingin' Sammy out. Here you go

[URL="http://www.pembrokepizza.com"]Welcome to Pembroke Pizza & Pasta[/URL][/quote]
Thanks Smoot. Actually covering for someone tonight at PP&P.

Re: Lavar Arrington's Restaurant Goes Bankrupt
 

[quote=SmootSmack;562989]I'll help Slingin' Sammy out. Here you go

[url=http://www.pembrokepizza.com]Welcome to Pembroke Pizza & Pasta[/url][/quote]

Never been there Sammy, but I will make a point of eating there sometime soon. :food-smil

Re: Lavar Arrington's Restaurant Goes Bankrupt
 

[quote=SmootSmack;562989]I'll help Slingin' Sammy out. Here you go

[url=http://www.pembrokepizza.com]Welcome to Pembroke Pizza & Pasta[/url][/quote]

Great, now I'm hungry. LOL. I've never been to VA Beach, but if I'm ever there I'll check it out.

Re: Lavar Arrington's Restaurant Goes Bankrupt
 

His location was bunk and his business model was garbage. Largest creditor owed was an interior design company to the tune of nearly $800K? He's an idiot.

Re: Lavar Arrington's Restaurant Goes Bankrupt
 

[quote=stu_nna;562991]So i guess no one remembers the person who was shot and killed at this resturaunt?[/quote]

Naw, don't remember. Last I heard of LeVar he was hitting the airwaves calling Gibbs a coward.

Re: Lavar Arrington's Restaurant Goes Bankrupt
 

It will be interesting to see if Lavar goes broke sometime in the future. I remember seeing a show taking a tour through his house and he had a wall of flat screen tvs - when asked he said instead of having an actual fish tank he wanted a video fish tank - all the screens were linked together and when the fish swam around they would go from one screen to the next - I believe he about 9 flat screens tied together on that one wall just for this purpose. Anyway his entire house had no expense spared so I hope he has a good side financial investor helping him out because money can disappear in a hurry.