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Jackie R.

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Lynn is looking for buyers to reopen as is...

by Jackie R. » Tue Sep 17, 2013 10:34 pm

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Mark R.

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Re: Lynn is looking for buyers to reopen as is...

by Mark R. » Tue Sep 17, 2013 11:15 pm

Unfortunately, because of the period of time that has passed since the restaurant closed I fear a lot of the hype for the name has diminished. That along with the stigma from the problems just before the closing will really make it hard for a new owner to make a go of it. Maybe I'm wrong, hopefully I'm wrong but I fear I'm not.
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Carla G

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Re: Lynn is looking for buyers to reopen as is...

by Carla G » Wed Sep 18, 2013 7:54 am

Maybe it's just me but I see another brouhaha in the making. She wants to sell but she wants controlling interest (or not, or maybe) she wants to sell to the "right person" . She wants the restaurant to go on exactly as she sees it should. I dunno...if I had money to invest I wouldn't get in the middle of that mess.
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Suzi Bernert

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Re: Lynn is looking for buyers to reopen as is...

by Suzi Bernert » Wed Sep 18, 2013 9:48 am

I have heard she also believes it is worth several millions. I cannot believe anyone with the funds would allow her to have any say in the running of the business. There needs to be a new concept there.
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Eric Hall

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Re: Lynn is looking for buyers to reopen as is...

by Eric Hall » Wed Sep 18, 2013 9:52 am

Basically she needs money to reopen it with someone else taking the financial risk.

I am guessing that a potential buyer for the building fell through. Now she is selling the "brand name" and her expertise to make it more appealing to a buyer.
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Will Crawford

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Re: Lynn is looking for buyers to reopen as is...

by Will Crawford » Wed Sep 18, 2013 10:14 am

To sell the brand the brand would have to be worth something.
I do not see the value here. Especially after the way it closed.
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Deb Hall

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Re: Lynn is looking for buyers to reopen as is...

by Deb Hall » Wed Sep 18, 2013 11:28 am

I'm going to disagree: she's built a very powerful, nationally recognizable brand. It's definitely valuable and the whole server issue goes away now that it's not her. I'm not a big fan, but the outpouring of sentiment on her closing shows the place has quite a following and she's had some of the best national publicity for any restaurant in this city.

Now whether it's worth as much as she thinks and whether the buyer should let her continue with a financial interest is entirely another issue.... :mrgreen:

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Re: Lynn is looking for buyers to reopen as is...

by Stephen D » Wed Sep 18, 2013 11:32 am

Deb Hall wrote:I'm going to disagree: she's built a very powerful, nationally recognizable brand. It's definitely valuable and the whole server issue goes away now that it's not her. I'm not a big fan, but the outpouring of sentiment on her closing shows the place has quite a following and she's had some of the best national publicity for any restaurant in this city.

Now whether it's worth as much as she thinks and whether the buyer should let her continue with a financial interest is entirely another issue.... :mrgreen:

Deb


Besides...

Could you imagine the build-out on that thing?
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Steve P

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Re: Lynn is looking for buyers to reopen as is...

by Steve P » Wed Sep 18, 2013 4:52 pm

Deb Hall wrote:I'm going to disagree: she's built a very powerful, nationally recognizable brand. It's definitely valuable and the whole server issue goes away now that it's not her. I'm not a big fan, but the outpouring of sentiment on her closing shows the place has quite a following and she's had some of the best national publicity for any restaurant in this city.

Now whether it's worth as much as she thinks and whether the buyer should let her continue with a financial interest is entirely another issue.... :mrgreen:

Deb


I'll see your disagreement and raise you another disagreement. The lady's got nothing but a run down goofy looking building...period....and if she thinks it's worth "millions" as another poster suggested, well she's just goofier than a sh**house rat. And as far as her "powerful, nationally recognized brand goes, her 15 minutes of fame was over an hour after her doors closed (and probably sooner). Trust me on this...the place is a "tear down"....The property is worth more than the building that sits on it and 5 years from now people on this board are going to be whining about how she let the place fall into ruins. At about that point in time one of two things will happen...(A) some group of deep breathers will have the place declared an "historic building" thus guaranteeing it will sit empty until the rafters fall in or (B) some developer will come in, buy the place for a quarter mil (probably purchasing it with a "forgivable" loan from the city) and turn it into a parking lot or tear it down and build a free clinic.

If it were -me-....I'd find some sleazy banker, mortgage the place to the hilt (I think white collar crooks call it "leveraging") and I'd take my money and RUN. Eventually the county will take the place over for back taxes and sell it to a developer who will turn it into a parking lot or tear it down and build a free clinic.
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Robin Garr

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Re: Lynn is looking for buyers to reopen as is...

by Robin Garr » Wed Sep 18, 2013 5:16 pm

Steve P wrote:some group of deep breathers will have the place declared an "historic building" thus guaranteeing it will sit empty until the rafters fall in ...

Actually, no. That place isn't historic and isn't likely to be declared so. I assume you're going for funny, Steve, because I know you're not ignorant, but that '50s-era cheap prefab building doesn't have anything at all in common with places like Azalea, the Vogue, Colonial Gardens, Whiskey Row, etc., that have or had demonstrable historic significance. To liken Lynn's to the historic-building narrative is just silly, and that's why I assume you're doing it for laughs. :lol:
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Steve P

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Re: Lynn is looking for buyers to reopen as is...

by Steve P » Wed Sep 18, 2013 7:03 pm

Robin Garr wrote: To liken Lynn's to the historic-building narrative is just silly, and that's why I assume you're doing it for laughs. :lol:


:wink: ....More or less my friend, what say we call it a weak attempt at humor and leave it at that. 8) That being said my point about the place being a "tear down" was spot on serious. I'm often amused when I see a business up for sale (the best examples are usually restaurants advertised on Craig's List) wherein some small business owner is trying to sell-out at some ridiculous price based on umpty-ump reported sales, established clientele, etc, etc (the words "turn key" are usually inserted prominently). Baloney. Your clients/customers, your recipes (if we're talking a restaurant), your employees (whom have probably been stealing from you for years and whom I would promptly fire anyway) are worth -nothing-. Appraise the building, add in the value of any (transferable) license and inventory, give me a 20 cent on the dollar price for any hardware and yeah....we'll talk, otherwise you got nothing...Just like Lynn.
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RonnieD

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Re: Lynn is looking for buyers to reopen as is...

by RonnieD » Thu Sep 19, 2013 8:18 pm

Adds Winter, "people want us back open, I need to get it back open, I just have to have it in the right hands so they don't do the wrong thing, that is the most important thing."


That's the part I like. How about if I shell out the cash to buy the business you ruined, you let ME decide what the "right" and "wrong" things are and you go do whatever it is you do. Oh the hubris.

We have a saying in my country, "drop it like it's hot."
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Gary Z

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Re: Lynn is looking for buyers to reopen as is...

by Gary Z » Fri Sep 20, 2013 12:57 am

RonnieD wrote:
Adds Winter, "people want us back open, I need to get it back open, I just have to have it in the right hands so they don't do the wrong thing, that is the most important thing."


That's the part I like. How about if I shell out the cash to buy the business you ruined, you let ME decide what the "right" and "wrong" things are and you go do whatever it is you do. Oh the hubris.

We have a saying in my country, "drop it like it's hot."



This.
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Mike Hardin

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Re: Lynn is looking for buyers to reopen as is...

by Mike Hardin » Fri Sep 20, 2013 8:57 am

RonnieD wrote:
Adds Winter, "people want us back open, I need to get it back open, I just have to have it in the right hands so they don't do the wrong thing, that is the most important thing."


That's the part I like. How about if I shell out the cash to buy the business you ruined, you let ME decide what the "right" and "wrong" things are and you go do whatever it is you do. Oh the hubris.

We have a saying in my country, "drop it like it's hot."


By her reasoning wasn't it in the "right hands" when it closed? Talk about delusional.
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Robin Garr

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Re: Lynn is looking for buyers to reopen as is...

by Robin Garr » Fri Sep 20, 2013 9:05 am

PsychCentral.com wrote:Narcissistic Personality Disorder Symptoms

Narcissistic Personality Disorder is characterized by a long-standing pattern of grandiosity (either in fantasy or actual behavior), an overwhelming need for admiration, and usually a complete lack of empathy toward others. People with this disorder often believe they are of primary importance in everybody’s life or to anyone they meet. While this pattern of behavior may be appropriate for a king in 16th Century England, it is generally considered inappropriate for most ordinary people today.

People with narcissistic personality disorder often display snobbish, disdainful, or patronizing attitudes. For example, an individual with this disorder may complain about a clumsy waiter’s “rudeness” or “stupidity” or conclude a medical evaluation with a condescending evaluation of the physician.

In laypeople terms, someone with this disorder may be described simply as a “narcissist” or as someone with “narcissism.” Both of these terms generally refer to someone with narcissistic personality disorder.

http://psychcentral.com/disorders/narci ... -symptoms/
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