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Talk About Tulsa => Development & New Businesses => Topic started by: mrB on July 17, 2008, 01:35:12 PM

Title: Steak N Shake OUT N Owasso
Post by: mrB on July 17, 2008, 01:35:12 PM
quote:
 
Another Owasso Restaurant Closes
By Tulsa Business Journal Staff - 7/17/2008

Steak N Shake, 9521 N. Owasso Expressway, posted signs on its doors Wednesday night informing customers of the closing. Employees were told where they could pick up their final checks and where they might be relocated at another Steak N Shake.

The chain has four other restaurants in Oklahoma - one in Tulsa, Broken Arrow, Edmond and Midwest City.

Chelsea Harkins, Owasso economic development director, said she had known for some time the restaurant would be closing. She also said there are several prospects for the location.

Tulsa Business Journal, Copyright © 2008, All Rights Reserved.  

http://www.tulsabusiness.com/print_article.asp?aID=47549



Reastaurants seem to be opening and closing in Owasso as fast as they do along 71st in Tulsa!

Title: Steak N Shake OUT N Owasso
Post by: Hoss on July 17, 2008, 02:14:41 PM
Owasso got a little 'big for it's britches' and the infrastructure could not keep up.  Now they're paying for it a little bit with these closings.
Title: Steak N Shake OUT N Owasso
Post by: Conan71 on July 17, 2008, 02:53:05 PM
quote:
Originally posted by Hoss

Owasso got a little 'big for it's britches' and the infrastructure could not keep up.  Now they're paying for it a little bit with these closings.



Reading my tea leaves, I worry the same thing is fixing to happen down in Jenks.  High gas is cutting into retail and hospitality industries.  Won't be a lack of infrastructure down in Jenks, just over-built too quickly.



Title: Steak N Shake OUT N Owasso
Post by: FOTD on July 17, 2008, 03:09:56 PM
Yes. Lynn Mitchell got his TIF and now what? Nunca.

Today's WSJ had an article about the distress appearing in new Lifestyle centers.

1984 redux? In spades.

Welcome to the ramifications of no energy policy, no bank regulation and loose money.
Title: Steak N Shake OUT N Owasso
Post by: sgrizzle on July 17, 2008, 03:15:07 PM
quote:
Originally posted by FOTD

Yes. Lynn Mitchell got his TIF and now what? Nunca.

Today's WSJ had an article about the distress appearing in new Lifestyle centers.

1984 redux? In spades.

Welcome to the ramifications of no energy policy, no bank regulation and loose money.



Thanks Shadows,


I agree with the infrastructure part, Too much traffic on one overpass connecting strip centers joined at odd angles.

Steak and Shake ain't so great anyway.
Title: Steak N Shake OUT N Owasso
Post by: RecycleMichael on July 17, 2008, 03:18:22 PM
I thought the shake was excellent.

The steak, not so. It still had markings from where the jockey had whipped it.
Title: Steak N Shake OUT N Owasso
Post by: Conan71 on July 17, 2008, 03:27:35 PM
Curious about the S & S business model.  How many $6 meals do you need to sell to turn a profit and afford the rent factor?  Their table turns are a lot slower than "fast food" burgers, and unless I've just not noticed, they don't do drive through.

Title: Steak N Shake OUT N Owasso
Post by: Hoss on July 17, 2008, 03:50:14 PM
quote:
Originally posted by RecycleMichael

I thought the shake was excellent.

The steak, not so. It still had markings from where the jockey had whipped it.



If you're gonna plagiarize, Caddyshack is the movie to do it!
Title: Steak N Shake OUT N Owasso
Post by: RecycleMichael on July 17, 2008, 04:21:55 PM
I miss Rodney.
Title: Steak N Shake OUT N Owasso
Post by: Ed W on July 17, 2008, 04:35:44 PM
I stopped there twice.  The first time, my burger was overcooked and the fries were cold and hard.  The second time, I went in for breakfast.  My kids and I sat at a table looking through the menu, only to be told the store didn't actually serve breakfast.  We left.  I'd never go back.

Lousy food, lousy service.  I wonder why they went out of business?

Surprisingly, we ate at a S/S in Tennessee and it was very good.
Title: Steak N Shake OUT N Owasso
Post by: Composer on July 18, 2008, 12:21:01 AM
The one in Broken Arrow near the Bass Pro shop was good.
Title: Steak N Shake OUT N Owasso
Post by: FOTD on July 18, 2008, 12:44:39 AM
Dead meat.....

"some things getting out of hand, I guess they always will"....Garcia/Hunter
Title: Steak N Shake OUT N Owasso
Post by: sgrizzle on July 18, 2008, 07:07:32 AM
quote:
Originally posted by Conan71

Curious about the S & S business model.  How many $6 meals do you need to sell to turn a profit and afford the rent factor?  Their table turns are a lot slower than "fast food" burgers, and unless I've just not noticed, they don't do drive through.





You apparently missed the menu board and window.

Somehow everytime I try to get a "steak and shake" for two people I spend nearly $20.
Title: Steak N Shake OUT N Owasso
Post by: Conan71 on July 18, 2008, 09:04:27 AM
quote:
Originally posted by sgrizzle

quote:
Originally posted by Conan71

Curious about the S & S business model.  How many $6 meals do you need to sell to turn a profit and afford the rent factor?  Their table turns are a lot slower than "fast food" burgers, and unless I've just not noticed, they don't do drive through.





You apparently missed the menu board and window.

Somehow everytime I try to get a "steak and shake" for two people I spend nearly $20.



I guess I did.  I never paid close enough attention when I'd drive by the one in Owasso, and I've parked on the north side of the building when I've gone to the one on Memorial and never noticed a drive through there.

Don't buy the $3 shake.  It's not worth it.  Turns into a $20 tab for two.

"A $5 Milkshake? That's Just Milk and Ice Cream, Right? Do You Put a Shot of Rum in There?"

-Vincent Vega
Title: Steak N Shake OUT N Owasso
Post by: sauerkraut on July 24, 2008, 09:16:01 AM
Yes that restaurant chain has been having trouble the past two years and they are closing stores all over the country and cutting back on hours, some are no longer open 24 hours. The companies stock is down. The restaurant chain needs a make over. The prices are far too high, and the French Fries are skinny and taste bad. The shakes are over priced. I think the chain is headquartered in Indianapolis.[xx(]
Title: Steak N Shake OUT N Owasso
Post by: Conan71 on July 24, 2008, 09:30:24 AM
Is Dale Evans' still doing well back your way?
Title: Steak N Shake OUT N Owasso
Post by: safetyguy on July 24, 2008, 09:38:39 AM
quote:
Originally posted by Conan71

Is Dale Evans' still doing well back your way?



Do you mean Bob Evans?

Man, I miss Bob Evans biscuits and gravy. I grew in many ways thanks to them when I lived back that way![^]
Title: Steak N Shake OUT N Owasso
Post by: Conan71 on July 24, 2008, 10:26:38 AM
That's the one.  Bob Evans, Dale Evans, what's the diff? [;)]
Title: Steak N Shake OUT N Owasso
Post by: safetyguy on July 24, 2008, 11:20:56 AM
quote:
Originally posted by Conan71

That's the one.  Bob Evans, Dale Evans, what's the diff? [;)]



I just researched and figured out that the Owens restaurants in TX are owned by Bob Evans. I always thought that the outside of the restaurant looked the same.
Title: Steak N Shake OUT N Owasso
Post by: Conan71 on July 24, 2008, 01:23:52 PM
A friend of mine and I were travelling through Ohio five or six years ago.  We stopped at a Bob Evans in Columbus, I think.  

I asked the young kid waiting on us:

"Hey! Is Bob working today?  Tell him his old buddies Conan and Scott are here!"

"Um, sir, uh, I think Mr. Evans has been dead for a really long time, I think."