HICKORY PARK

[JSmoove]

I swear, reading these threads on CF about food/restaurants in Iowa, you’d think the only thing that matters is the price of the food and how cheap it is.

Apparently, as long as it’s cheap, it doesn’t matter what you’re eating.

...and we can always count on you to ***** about it.

 

[Cyclone.TV]

The DSM Register had an article saying that the land and building alone is worth 3.6M so I would expect much more than 1-3M.

I wasn't accounting for the land and the building, I guess. I have no idea what those would be worth.

 

[Cyclone.TV]

If they they really average 15k guests/week, an average spend of $15/customer (which is probably conservative) comes to $11.7million in annual sales. I’d guess it was an 8-figure sale price.

Did they say they had 15k guests a week? Makes sense if they do get that many then.

 

[CascadeClone]

I wasn't accounting for the land and the building, I guess. I have no idea what those would be worth.

Me neither. The land and buillding might be worth more than the business itself. I'm used to doing cash flow valuations, not asset valuations. But yeah the book value alone would be that much - assuming they don't have a huge mortgage debt (prob not after all these years).

 

[Farnsworth]

With all this BBQ location talk I just want to get a shout out to Cornfed. New BBQ place on Main St, it's the bomb and the standard for Iowa now.

 

[Cyclone.TV]

With all this BBQ location talk I just want to get a shout out to Cornfed. New BBQ place on Main St, it's the bomb and the standard for Iowa now.

The bomb. Haven’t heard that one in a while.

 

[Isualum13]

The bomb. Haven’t heard that one in a while.

But is it thebomb.com

 

[VeloClone]

But is it thebomb.com

I assumed it was this:

 

[3TrueFans]

With all this BBQ location talk I just want to get a shout out to Cornfed. New BBQ place on Main St, it's the bomb and the standard for Iowa now.

Their meats are so damn good, menu’s a little too “The Cafe does BBQ” for my taste though.

 

[JP4CY]

Cornbred is the bees knees.

 

[CyCrazy]

With all this BBQ location talk I just want to get a shout out to Cornfed. New BBQ place on Main St, it's the bomb and the standard for Iowa now.

Its good but it isnt as good as Watcha Smoking in Luther.

 

[megamanxzero35]

Jimmy's in Boone is as close as Battles as you are going to get.

 

[Cyrocks]

Didn't wade through all the post, but my girlfriend and I were looking for some place to go for supper tonight. A road trip to Ames might be the ticket.

 

[alarson]

I heard they want to expand to Ankeny Prairie Trail area. Saw it on urbandsm forum.

I'm not seeing where this was said there.

 

[brianhos]

Hostetlers? Or something like that?

Yeah that was it.

 

[KCy]

It sold for 11 million.Not sure if that includes hickory hall or if that is just restaurant.

 

[JP4CY]

It sold for 11 million.Not sure if that includes hickory hall or if that is just restaurant.

Did they still own that?

 

[KCy]

Pretty sure they did. The two kind of go hand in hand.

 

[Dr.bannedman]

Shelby's Southern Smokehouse in Nashua is owned by a guy (Shelby) that used to work at/with Battles. That BBQ sauce is as close to Battles as I have found. It is fantastic.

 

[BWRhasnoAC]

I gotta give a shout out to Kue'd Smokehouse in Waukee. I've had a lot bbq in my life and that place is way up on my list. I miss Smokey D's as well. Their burnt ends cannot be matched. I've looked up the whole southern bbq belt and it's pathetic competition.