Discussion
chrispmartha said:
Talking of prices, I had a Five Guys for the first time on Friday, how do they get away with charging what they do for a burger? One normal cheese burger a small cheese burger one portion of chips and a one drink was £22
Is it just me or is that really expensive for a fast food place?
It's not "fast food" in the same vein as McD's and the King, though, is it? The burgers are bloody delicious! Also, one portion of chips easily feeds 3 people.Is it just me or is that really expensive for a fast food place?
Pothole said:
chrispmartha said:
Talking of prices, I had a Five Guys for the first time on Friday, how do they get away with charging what they do for a burger? One normal cheese burger a small cheese burger one portion of chips and a one drink was £22
Is it just me or is that really expensive for a fast food place?
It's not "fast food" in the same vein as McD's and the King, though, is it? The burgers are bloody delicious! Also, one portion of chips easily feeds 3 people.Is it just me or is that really expensive for a fast food place?
Anyway...
chrispmartha said:
Talking of prices, I had a Five Guys for the first time on Friday, how do they get away with charging what they do for a burger? One normal cheese burger a small cheese burger one portion of chips and a one drink was £22
Is it just me or is that really expensive for a fast food place?
Completely agree, its McDonalds in kitchen foilIs it just me or is that really expensive for a fast food place?
Mrs dragged me there a few months ago, never again !
Brooking10 said:
T-195 said:
Humble beginnings you say.
I wish my parents had owned that pub.
I said relatively I wish my parents had owned that pub.
The envy is strong when it comes to JO it seems.
Cretin. I was pointing out you were wrong about supposedly humble beginnings
Edited by T-195 on Tuesday 20th August 17:23
nealeh1875 said:
chrispmartha said:
Talking of prices, I had a Five Guys for the first time on Friday, how do they get away with charging what they do for a burger? One normal cheese burger a small cheese burger one portion of chips and a one drink was £22
Is it just me or is that really expensive for a fast food place?
Completely agree, its McDonalds in kitchen foilIs it just me or is that really expensive for a fast food place?
Mrs dragged me there a few months ago, never again !
Pothole said:
chrispmartha said:
Talking of prices, I had a Five Guys for the first time on Friday, how do they get away with charging what they do for a burger? One normal cheese burger a small cheese burger one portion of chips and a one drink was £22
Is it just me or is that really expensive for a fast food place?
It's not "fast food" in the same vein as McD's and the King, though, is it? The burgers are bloody delicious! Also, one portion of chips easily feeds 3 people.Is it just me or is that really expensive for a fast food place?
Burwood said:
Did we establish whether JO took money out in Royalties. Surely he did.
At the date of Administration, Jamie’s Italian Holdings Ltd and/ Jamie Oliver Restaurant Group Ltd owed £18m to Jamie Oliver Holdings Ltd. JOHL had a fixed charge over JORGL/JIHL but there were no assets to cover it. HSBC were owed north of £30m too.Neither JORGL or JIHL ever got as far as filing accounts - only incorporated in Oct 2017 and extended their accounting periods.
JORG/JIHL/etc not subsidiaries of JOHL so no comsolidated accounts due at JOHL level. JOHL don’t particularise royalty income, but if all of the revenue uplift in JOHL was attributed to Jamie’s Italian paying royalties (unlikely), Jamie’s Italian would still have cost them net well over £12m...
Clearly the above is the recent history. If we look back to, say, 2012, JIL made a ton of profit and paid just under £1m in royalties to Jamie Oliver Limited and made sales of £800k to a related company.
Of course JO took money out of his profitable business. He also appears to have put in £7m or equity, then another £3m of equity, then £18m in loans, etc.
Maybe he broke even over 16 years. Most likely not.
Of course JO took money out of his profitable business. He also appears to have put in £7m or equity, then another £3m of equity, then £18m in loans, etc.
Maybe he broke even over 16 years. Most likely not.
T-195 said:
Brooking10 said:
T-195 said:
Humble beginnings you say.
I wish my parents had owned that pub.
I said relatively I wish my parents had owned that pub.
The envy is strong when it comes to JO it seems.
Cretin. I was pointing out you were wrong about supposedly humble beginnings
Edited by anonymous-user on Tuesday 20th August 17:23
You don’t understand the word “relatively” or its relevance in prefacing humble as regards his creating a £100m plus brand from scratch, and I’m the cretin ?
OK chief .
skwdenyer said:
Clearly the above is the recent history. If we look back to, say, 2012, JIL made a ton of profit and paid just under £1m in royalties to Jamie Oliver Limited and made sales of £800k to a related company.
Of course JO took money out of his profitable business. He also appears to have put in £7m or equity, then another £3m of equity, then £18m in loans, etc.
Maybe he broke even over 16 years. Most likely not.
Good to see some common sense and appreciation of both the industry and the business.Of course JO took money out of his profitable business. He also appears to have put in £7m or equity, then another £3m of equity, then £18m in loans, etc.
Maybe he broke even over 16 years. Most likely not.
Your appreciation of the situation is accurate
Johnnytheboy said:
T-195 said:
Humble beginnings you say.
I wish my parents had owned that pub.
Friend of mine drove me past there and pointed it out. The whole "I grew up in an Essex pub" act is put into perspective, in that it's a posh eating pub about a mile inside the posh end of Essex.I wish my parents had owned that pub.
It's hardly a flat roofed pub in Grays.
The Kitchen will be far tougher in the posh eating pub. Try dishwashing in a Michelin starred restaurant. Ball breaking.
honest_delboy said:
Going to go against the grain here and say i quite liked the food and found it OK pricewise.
We always got a table, whereas Wagamamas was queing out the door (Guildford)
Don't understand 5 Guys though (completely different to the DVD my mate lent me) *rimshot*
We stand in solidarity shoulder to shoulder as 2 men who thought Jamie’s wasn’t as sWe always got a table, whereas Wagamamas was queing out the door (Guildford)
Don't understand 5 Guys though (completely different to the DVD my mate lent me) *rimshot*
t as everyone else jakesmith said:
We stand in solidarity shoulder to shoulder as 2 men who thought Jamie’s wasn’t as st as everyone else
I went to one of his 'flats' (or whatever he called his pizza equivalent places) in Winchester once before he pulled the plug on them. The food was tasty and the beers they had were all from small ish brewers that tasted of something. Granted it wasn't a Jamies but sort of counts t as everyone else 
Edited by KTF on Wednesday 21st August 10:00
KTF said:
I went to one of his 'flats' (or whatever he called his pizza equivalent places) in Winchester once before he pulled the pug on them. The food was tasty and the beers they had were all from small ish brewers that tasted of something. Granted it wasn't a Jamies but sort of counts
Was the flavour of the pizza enhanced when he pulled the pug on it?honest_delboy said:
Going to go against the grain here and say i quite liked the food and found it OK pricewise.
We always got a table, whereas Wagamamas was queing out the door (Guildford)
Don't understand 5 Guys though (completely different to the DVD my mate lent me) *rimshot*
“We always got a table” probably explains why it failed and why Wagas is still going ?We always got a table, whereas Wagamamas was queing out the door (Guildford)
Don't understand 5 Guys though (completely different to the DVD my mate lent me) *rimshot*
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