Price’s closing down.

[Happy Panther]

Their chicken is objectively the best!

[stirs]

But would you pay for it if it were double the price?

[Happy Panther]

yes

[Brooklyn 3.0]

My mom loves that place. We used to eat it all the time.

[Ja Rhule]

Best chicken I ever had and I only had it once.  Someone have to buy that business.  If it was in South Charlotte, they’d be opening multiple locations right now.  I think their location and marketing did them in.

[Panther'sBigD]

I've lived here my entire life and only had it a few times. It's just fried chicken. The guy is cashing in on insane real estate values and can now retire with at least a million dollars in profit off the sale. Just go up to the 76 station one block away if you want great fried chicken.

Forgot to mention, the whining in their post about labor/coin shortage and food quality could all be solved easily. Accepting credit cards would increase revenue by 30%-50% in the first year, which would allow them to pay competitive wages to get employees and afford higher quality chicken. This guy is cashing out and trying to make it sound like he was forced out rather than admit he's going to make a killing selling the property. 

Edited June 23, 2021 by Panther'sBigD

[Happy Panther]

3 hours ago, Panther'sBigD said:

 It's just fried chicken. The guy is cashing in on insane real estate values and can now retire with at least a million dollars in profit off the sale.

Well the chicken part is subjective so I will not argue. Where do you get the million dollar figure?

[Anybodyhome]

The assessed tax value of the land alone is $366k, the building is another $233k.

15 years ago the total tax value was less than $200k... so yeah, he's going to clear a nice chunk of change.

[Panther'sBigD]

3 hours ago, Happy Panther said:

Well the chicken part is subjective so I will not argue. Where do you get the million dollar figure?

He owns/inherited the land from his father. It's currently valued at 1.7MM. That building hasn't been measurably improved since his father died, so while he'll pay out the ass in taxes, he'll still probably clear a million bucks. 

There are three parcels he owns in that small area, and together they're valued at 1.667MM or something like that. 

Edited June 23, 2021 by Panther'sBigD

[Happy Panther]

[KatsAzz]

Sad day indeed to know that Price's Chicken Coop will be closing.Not only was the Chicken great,the Perch Dinner was out of this world as well.

[KatsAzz]

On 6/17/2021 at 4:45 PM, Brooklyn 3.0 said:

My mom loves that place. We used to eat it all the time.

To me, Price's Chicken Coop was part of Charlotte's history and not it's gone. What a sad day.

[Panther'sBigD]

I miss Phat Burrito way more TBH. 

[Davidson Deac II]

Lots of Restaurants shutting their doors.  I know of at least five staple restaurants in Winston that have shutdown for good recently.  Just can't afford to stay in business anymore.  The food business has always been precarious, and its far worse now, especially for the local places.