Despite rumors, Red Bar staying; one owner to sell share of property
HEATHER CIVIL
Wednesday August 8th, 2007
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GRAYTON BEACH ? Word is getting around that the Red Bar is for sale, but that shouldn?t concern fans of the eatery.
Developer T.C. Cannon owns one-fifth of the land where the Red Bar sits. The Birmingham resident wants to sell his share of the property.
What does that mean for devotees of the eclectic Red Bar?
Nothing, says local attorney and developer Lloyd Blue, one of five owners of the property. If Cannon sells his share of the land, the restaurant will not change, Blue said.
?The Red Bar is not for sale,? he said.
Photo courtesy of The Red Bar
Cannon wants to sell his 20 percent of the land for about $4 million.
The other four property owners have no plans to sell their shares, Blue said.
The Red Bar is a well-known establishment frequented by locals and tourists.
Brothers Oliver and Philippe Petit own and operate the restaurant and lease the property from the five land owners. Phillipe Petit said he has he has no plans to change anything.
?We?re very happy where we are,? he said.
Donna Benitone eats Sunday brunch at the Red Bar every week.
She drives from Destin to Grayton Beach to enjoy the laid-back atmosphere. If the place ever did change, it would be a sad day, she said.
?It?s just like a big family here,? she said.
People love the Red Bar?s tacky d←cor that includes Christmas lights and cheap chandeliers. They go there to eat, drink and listen to live music.
Cannon calls fans of the Red Bar members of the ?Red Bar cult.?
?They are people that live and plan their lives and vacations and everything else around the Red Bar,? she said.
Matthew Land of Tallahassee could be considered a cult member. He dines there every chance he gets.
?I love the Red Bar,? he said.
Daily News Staff Writer Heather Civil can be reached at 654-6905.
JC
JCBeach LoverGrayton, Mallet Bayou, B'ham170 postsJoined View profileMessageBeach Lover
2,796 views
Replies
10joho
johoBeach Fanatic1,133 postsJoined View profileMessageBeach Fanatic
4 million for 1/5 of 0.321 acres?
That's alot of jingle.....................:clap:
That's alot of jingle.....................:clap:
4 million for 1/5 of 0.321 acres?
That's alot of jingle.....................:clap:
Typo in article! I think he's looking for $700K to $800K :yikes:
Smiling JOe
Smiling JOeSoWal Expert31,643 postsJoined View profileMessageSoWal Expert
4 million for 1/5 of 0.321 acres?
That's alot of jingle.....................:clap:
Typo in article! I think he's looking for $700K to $800K :yikes:That's what I said. The property across the street is available for much less and has been used as commercial. It's a bit smaller, but dang, $20 million is a little on the typo side.
Kurt
KurtAdminSoWal2,473 postsJoined View profileMessageAdmin
In other news: Rumor Has It Sun Will Rise Tomorrow - Check Paper Next Week For Results :roll:
oli
oliMr. Potato Head's worst nightmare395 postsJoined View profileMessageMr. Potato Head's worst nightmare
4 million for 1/5 of 0.321 acres?
That's alot of jingle.....................:clap:
it also includes a life time suply of chicken panne
Kimmifunn
KimmifunnFunnkaliciousHollyhood9,699 postsJoined View profileMessageFunnkalicious
it also includes a life time suply of chicken panne
Hey hot stuff. I'm rocking my Red Bar t-shirt today at the office. Hungover gear '07.;-)
joho
johoBeach Fanatic1,133 postsJoined View profileMessageBeach Fanatic
it also includes a life time suply of chicken panneWell, that alone should seal the deal! ;-)
BeachSiO2
BeachSiO2Beach Fanatic3,294 postsJoined View profileMessageBeach Fanatic
Well, that alone should seal the deal! ;-)
Especially if they throw in weekly crabcakes and once a meal margaritas
ItzKatzTime
ItzKatzTimeBeach FanaticSanta Rosa Beach2,660 postsJoined View profileMessageBeach Fanatic
In other news: Rumor Has It Sun Will Rise Tomorrow - Check Paper Next Week For Results :roll:
:lolabove:
I thought everyone knew that info.....:idontno:
Can you imagine Grayton Beach without the Red Bar!!!!!:yikes: 😱 :angry: There would be mass riots.
greenroomsurfer
greenroomsurferBeach FanaticWhere Free Speech Is Allowed1,824 postsJoined View profileMessageBeach Fanatic
It's for sale, you have enough money they will sell it to ya. Phillipe told me just yesterday you give him 20 mil and he'll even give the keys and even distant cousins will get free crabcakes for life. Oh yea I went to college with oscar and his brother! :lolabove: :floor: :clap: :rofl: That's a joke people.:yikes:
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