Caldera
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« on: August 12, 2009, 01:47:24 pm » |
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Okay, I admit that I am upset about Kilkenny's closing. I've become something of a regular, and usually went in once a week. I showed up last week for my standing Thurs. happy hour, and there's a sign on the door that they are closed but hopefully not for long... We had no clue what had happened, but I read today that apparently the owners couldn't or wouldn't pay their taxes (for the second time), and have been closed down because of it. My message to the owners: Hire accountants to take care of your books, and get back to running a great non-chain resturant! I'm craving some Chips 'n Cheddar and a cold pint of Smithwick's. I really hope they get the tax stuff worked out and reopen soon!
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stageidea
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« Reply #1 on: August 12, 2009, 02:08:18 pm » |
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If it is the second time they have been shut down by the IRS, sadly I would not expect them to be reopening anytime soon. The IRS usually does not give a company more than two shots.
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Conan71
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« Reply #3 on: August 12, 2009, 03:04:33 pm » |
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That's not what the story says, specifically. It says they started missing payments in 2002. The story says they are indebted to the tax commission to the tune of about $143K which would be about 8.6% of $1.6mm in sales. $1.6mm over seven years is about $19,000 a month in sales. They would have closed up long before now if that's all they were doing in sales. A place like that would be doing at least $1mm a year in sales, or roughly $3000 per day I'd think. Someone correct me if I'm wrong.
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"It has been said that politics is the second oldest profession. I have learned that it bears a striking resemblance to the first” -Ronald Reagan
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OpenYourEyesTulsa
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« Reply #4 on: August 12, 2009, 03:17:37 pm » |
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I bet they were very bad at keeping the books and just short changed them the $143K over time. I used to have a small business and it is a pain to do the sales tax in OK. Maybe they had a bad accountant too. Whatever the reason it sucks for Kilkenny's fans like me. I hope it re-opens as a pub again soon.
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cannon_fodder
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« Reply #5 on: August 13, 2009, 08:17:27 am » |
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I wonder if they had an issue with alcohol sales tax? As I understand it, alcohol is supposed to be taxed differently than regular food items. Perhaps they messed up the accounting on that portion?
/not idea really, just a thought.
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- - - - - - - - - I crush grooves.
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brunoflipper
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« Reply #6 on: August 13, 2009, 11:17:20 am » |
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i went the day it opened, twice... i went weekly (at least twice) since then... it was my local...
it had a great atmosphere, food and drink... the food was hands down better than other pub fare in town...
it is a damn shame, but you could see it comin from a mile away...
i'm pissed.
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« Last Edit: August 13, 2009, 11:27:31 am by brunoflipper »
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Conan71
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« Reply #7 on: August 13, 2009, 11:34:18 am » |
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i went the day it opened, twice... i went weekly (at least twice) since then... it was my local...
it had a great atmosphere, food and drink... the food was hands down better than other pub fare in town...
it is a damn shame, but you could see it comin from a mile away...
i'm pissed.
+1 on the food, though White Lion is pretty good I don't think that space would sit fallow for long if these guys can't get their smile together.
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"It has been said that politics is the second oldest profession. I have learned that it bears a striking resemblance to the first” -Ronald Reagan
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jne
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« Reply #8 on: August 13, 2009, 11:39:24 am » |
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White Lion is a great place with great PUB food - about the only place I go in South Tulsa without whining too much. Kilkenny's had great food by any standard and seasonal items that you could trust would be great.
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Vote for the two party system! -one one Friday and one on Saturday.
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SXSW
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« Reply #9 on: August 13, 2009, 01:05:58 pm » |
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+1 on the food, though White Lion is pretty good
I don't think that space would sit fallow for long if these guys can't get their smile together.
Yeah I could see someone reviving the concept in that location, Elliot Nelson perhaps? Oh and the White Lion is fantastic, one of my favorite places in Tulsa.
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sgrizzle
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« Reply #10 on: August 21, 2009, 12:37:28 pm » |
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Kilkenny's reopens today at 4.
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Conan71
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« Reply #11 on: August 21, 2009, 01:27:58 pm » |
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I'll try to be there by 3:59
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"It has been said that politics is the second oldest profession. I have learned that it bears a striking resemblance to the first” -Ronald Reagan
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Cats Cats Cats
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« Reply #12 on: August 21, 2009, 01:39:05 pm » |
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See if you can get your tax reduced to 6.5% since that is all they pay anyway.
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carltonplace
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« Reply #13 on: August 24, 2009, 10:45:23 am » |
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See if you can get your tax reduced to 6.5% since that is all they pay anyway.
That's funny
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