Follies
4075 Buford Hwy NE
Atlanta, GA 30345
Not opening anytime soon?
goldmongerATL
The Square Above Charlie Weaver
As shadowcat posted earlier, people are posting on usasg about second hand info on whn they will open. A couple of days ago someone heard from dancers June 14. Another guy has now posted than an employee told him it will be August or even September.
Why would they wait that long? I remember they are on the tail end of some sort of deal with the county to stay open for a limited time. I I don't remember the details. you would think they would err on the side of opening too soon rather than waiting too long.
No info on this at all, but it makes you wonder if this is the opportunity (closed down and not making any money anyway) to be swinging a deal to cash out. That property has to be worth around $1 million.
Why would they wait that long? I remember they are on the tail end of some sort of deal with the county to stay open for a limited time. I I don't remember the details. you would think they would err on the side of opening too soon rather than waiting too long.
No info on this at all, but it makes you wonder if this is the opportunity (closed down and not making any money anyway) to be swinging a deal to cash out. That property has to be worth around $1 million.
27 comments
Agree with some of your other points except the value of the property, based on revenue model, would be much, much higher. When they are rolling they are printing money there.
Or how about combine the best of both. A 24 hour Pho restaurant with naked servers and private dining cubicles.
In 2007, there was an amendment to the agreement (with De Kalb county) which extended the terms for 15 years. The amendment required strip clubs to pay the county $100,000 annually through 2017, then $150,000 for the remaining five years until the deal expired in 2022.Follies’ now pays that money to Chamblee, which after annexing the club in 2013 passed a resolution recognizing the agreement and allowing it to continue serving alcohol and featuring nude dancing, according to the lawsuit.
Also, they make waaaaaaaaaaaaaaay more than $1 million a year, if the property is only worth that much there is no way they will sell it. They will sell the business itself before they sell the property.
Also realizing the posters on the other site have no idea what is what. In three days i have seen next week, August/September and July 1 as opening dates. All very "authoritative" posts.
Probably sucking or riding dick.
Are they good for dayshift? I suspect it will mostly be air dances/low mileage grinding?
Also its the last place on earth anyone of us should visit
That place would def pass around cov19
Not looking good for them.