Quinceys Pizza in Damascus for sale

[Lone Wolf]

http://www.loopnet.com/Listing/17791...e-Damascus-VA/

[coach lou]

http://www.loopnet.com/Listing/17791...e-Damascus-VA/

Rasty, Hikerboy and I are going to put in a bid! We'll call it '3guys and Pepe'. Folks will think it is a branch of the world famous Pepes Pizza of New Haven.

[Rasty]

Rasty, Hikerboy and I are going to put in a bid! We'll call it '3guys and Pepe'. Folks will think it is a branch of the world famous Pepes Pizza of New Haven.

Is there enough traffic during the off season to pay the mortgage? $389,900 is alot for a Pizza Restaurant. I'm going to guess that the final offer will be $291,610 ($55 sq. ft.). Never pay more than 15% of the new value for used restaurant equipment and fixtures. It's a tricky business if you don't know what you doing. Owning a restaurant is not the place to learn how to run a restaurant. I think I will have a slice when I'm in Damascus just for fun. I work in restaurants and the very last thing I would do is buy one. The reason is I like working less than 90 hours each week. That's what it takes to make it work.

Restaurant Rules
1) Your revenue needs to be less than $500k or more than $2 million otherwise it's very difficult to make any money.
2) Know how to cook and never become intimidated by the chef

[coach lou]

Is there enough traffic during the off season to pay the mortgage? $389,900 is alot for a Pizza Restaurant. I'm going to guess that the final offer will be $291,610 ($55 sq. ft.). Never pay more than 15% of the new value for used restaurant equipment and fixtures. It's a tricky business if you don't know what you doing. Owning a restaurant is not the place to learn how to run a restaurant. I think I will have a slice when I'm in Damascus just for fun. I work in restaurants and the very last thing I would do is buy one. The reason is I like working less than 90 hours each week. That's what it takes to make it work.

Restaurant Rules
1) Your revenue needs to be less than $500k or more than $2 million otherwise it's very difficult to make any money.
2) Know how to cook and never become intimidated by the chef

That's why you'll be the brains of the operation.

[Rasty]

That's why you'll be the brains of the operation.

I work in restaurants and the very last thing I would do is buy one.

I would rather be stoned to death!

[coach lou]

I work in restaurants and the very last thing I would do is buy one.

I would rather be stoned to death!

What kind of name is Quincey's for an Apizza Parlor?

[Odd Man Out]

Is there enough traffic during the off season to pay the mortgage? $389,900 is alot for a Pizza Restaurant. I'm going to guess that the final offer will be $291,610 ($55 sq. ft.). Never pay more than 15% of the new value for used restaurant equipment and fixtures. It's a tricky business if you don't know what you doing. Owning a restaurant is not the place to learn how to run a restaurant. I think I will have a slice when I'm in Damascus just for fun. I work in restaurants and the very last thing I would do is buy one. The reason is I like working less than 90 hours each week. That's what it takes to make it work.

Restaurant Rules
1) Your revenue needs to be less than $500k or more than $2 million otherwise it's very difficult to make any money.
2) Know how to cook and never become intimidated by the chef

Do you know how to make a small fortune running a restaurant?
Start with a large fortune and it will become a small one.

[10-K]

That could be a good opportunity. It would be interesting to look at the financials for the past 2 year.

[Tennessee Viking]

Is Quincy's closed or are the owners just wanting to sale it to take it over?

[Lone Wolf]

Is Quincy's closed or are the owners just wanting to sale it to take it over?

it's still open but may close for the winter if it doesn't sell.

[Supreme Being]

it's still open but may close for the winter if it doesn't sell.

This is a rather hefty price. If they plan to close in the winter, it must not have that much business in the winter. Otherwise, they would simply hire a Manager to oversee everything. It's kind of a big risk to take over a business in a small town if you aren't a local.

[10-K]

Could name it "Golden Corral" or "Ryans"...

[Rasty]

Could name it "Golden Corral" or "Ryans"...

I worked at Quincy's Steakhouse on Market street in Wilmington when I was 16. I worked the grill! That was fun grilling hundreds of crappy steaks at a time.

[Moose2001]

Does this mean BEER and pizza might be back?

[Ktaadn]

I ate there when I was in Damascus and walked right out and forgot the leftovers on the table. I wonder if they still have it warming on top of the oven for me.

[Rasty]

Is there enough traffic during the off season to pay the mortgage? $389,900 is alot for a Pizza Restaurant. I'm going to guess that the final offer will be $291,610 ($55 sq. ft.). Never pay more than 15% of the new value for used restaurant equipment and fixtures. It's a tricky business if you don't know what you doing. Owning a restaurant is not the place to learn how to run a restaurant. I think I will have a slice when I'm in Damascus just for fun. I work in restaurants and the very last thing I would do is buy one. The reason is I like working less than 90 hours each week. That's what it takes to make it work.

Restaurant Rules
1) Your revenue needs to be less than $500k or more than $2 million otherwise it's very difficult to make any money.
2) Know how to cook and never become intimidated by the chef

Do you know how to make a small fortune running a restaurant?
Start with a large fortune and it will become a small one.

That's because people forget the first two rules. A tiny restaurant run by the owner and five or six employees makes money. When you get larger they have to hire managers which need 5 times their salary in revenue after benefits, etc to start making money again. Tiny places that have a bar manager working behind the bar are an exception. The "Chef" will spend 60% of the restaurants costs (Food, Labor, supplies) and many owners have no idea what this person does or if an invoice is accurate to the actual inventory. The bad thing about pizza for the owner is that the sales price of a pizza is stagnate but the cost for cheese and flour doubled in the last ten years.

[ChinMusic]

I hope I haven't had my last Quincey's cheese steak.

[NCMedic]

I hope I haven't had my last Quincey's cheese steak.

Second the cheese steak and add the broiled catfish special!!!!!!

[Papa D]

Last time I was in Damascus, I did about 26 miles into town (from Iron Mtn Shelter) - I got to Quincy's about 8pm and they said, sorry, "we're closed" - I had several friends behind me too doing one of their biggest days. Of course, they were just kidding - - they drew me up a pint of some beer from Asheville, NC, my friends showed up, we played pool and had a great time - I hope somebody good keeps Quincy's going - I like it.

[Rasty]

Damn, I'm starting to warm up to the idea but I'm kind of weird!

Uh-oh... We weren't supposed to talk you into it! WILLPOWER, MAN! WILLPOWER! That does it - I letting your cat out to climb a tree. That ought to distract you!

If I worked that close ti the trail I would never show up.