After a six-week hiatus for open-heart surgery, award-winning Independent cartoonist Greg Peters is back in action. His Snake Oil cartoon returns this week on p. 12. Welcome back, Greg. ' Scott Jordan
Less than a month after selling its interest in the City Club at River Ranch, Lafayette's Moody family is back in the restaurant business. Led by B.I. Moody III, the family purchased Coyote Blues on Johnston Street and is planning to expand the Mexican concept, which has been wildly popular in Lafayette.
Coyotes Blues' Simon Eid, who founded the restaurant with his close friends, brothers Robert and Rami Ajam, would not disclose financial terms of the deal. Sources close to the parties, however, say the restaurant's building, business and rights to the name sold for about $4 million.
"They want to take it on the road," Eid says. Coyote Blues' first stop will likely be Baton Rouge, and the previous owners will work as consultants in the expansion.
B.I. Moody's son, Braxton IV, has been captivated by the restaurant since it opened in April 2003, and it's no secret in restaurant circles that he has been trying to buy it for some time. Records in the Louisiana Secretary of State's office reveal that he formed Coyote Blues Restaurant Group LLC in June 2004 and another entity, Coyote Blues International LLC, on Dec. 14, 2006.
"They've been looking at it for years," Eid says.
In the past, knowledgeable restaurant industry sources have estimated Coyote Blues' annual revenues to be about $3 million, a figure that likely escalated in 2006. "Coyote Blues had a very, very good year last year," Eid says.
Because of Coyote Blues' immediate success, the Lebanese immigrants hoped to franchise the concept, but Eid says their lack of experience in this arena prompted them to explore a relationship with the Moody family. The Moodys once owned and operated a number of local restaurants and franchises, including Burger King, Luther's Barbeque and Chart House; Braxton IV had Burger Tyme, the Sonny's Bar-B-Q outside of the Mall of Acadiana and brought Outback Steakhouse to Lafayette. "They really know these big concepts. They know how to run them," Eid says.
Eid's group owns Stoma's Furniture & Interiors on Johnston Street, as well as La Pizzeria on Ambassador Caffery Parkway, a 10-year-old gourmet pizza eatery that also has enjoyed tremendous success in this market. ' Leslie Turk
WHO WANTS TO BE A COUNCILMAN?
Wanted: Thick-skinned loquacious persons able to work late on Tuesday nights. People skills and kissing babies, a plus. Must be at least 18 years of age and a resident of Lafayette parish for at least one year. No education/degree required. Annual pay of $22,791 plus some expenses.
AMERICA'S WETLAND GARNERS PRAISE
PR News, a leading industry trade publication, has presented its top honor for 2006 to Louisiana's public information campaign on coastal restoration. America's Wetland, which is supported by private and public resources, joined the ranks of other high-profile winners such as the American Veterinary Association, Girl Scouts and U.S. Postal Service. The group's "Campaign to Save Coastal Louisiana" was recognized for its "groundbreaking work" that resonated with national and local communities, association members, volunteers, the media and other stakeholders. Among other issues, America's Wetland was critical in helping the state educate the general public and lobby Congress to get Louisiana a greater share of its offshore oil and gas royalties last year. "For the past four years we have been informing the nation and world about Louisiana's land loss crisis and how that loss affects the state, the nation and the world," says Valsin A. Marmillion, a Houma native and manager of the wetland campaign. Louisiana is the home to almost 6,000 square miles of coastal wetlands, but they are being lost at an alarming rate ' more than 230 square miles in the 1990s alone. This vanishing landscape supports and protects wildlife, communities and the important energy infrastructure on Louisiana's tattered coast. ' Jeremy Alford
The Lafayette City-Parish Council will consider on Tuesday a revised plan to the transform a block in Downtown Lafayette into a mixed-use residential-retail-commercial development that doesn’t include giving title to the property to the Lafayette Public Trust Finance Authority, an arrangement the council rejected earlier this month.
Trying to combat the national undertones of Louisiana's U.S. Senate race, Democratic incumbent Mary Landrieu is traveling the state this week on a sort of pork celebration tour, telling voters about the projects and aid she's delivered to Louisiana.
Ever thought that big, pink Gulf coast shrimp you ordered at the restaurant or bought from the store didn't taste juicy or salty enough? Maybe it wasn't from the Gulf.
The state treasurer won't sign financial documents needed for $200 million in borrowing or for a refinancing of existing debt until he believes they accurately explain the surplus disagreement.
Bill Cassidy voted for 97 percent of the bills signed by Barack Obama.
Louisiana Gov. Bobby Jindal is joining South Carolina Gov. Nikki Haley on her campaign bus tour.
A New Iberia man has been sentenced to life in prison for killing a 4-year-old girl and scalding her 3-year-old brother.
A district judge decided Wednesday against sanctioning attorney/school board candidate Dawn Morris for her behind-the-scenes role in a lawsuit against Mark Cockerham.
Secretary of State Tom Schedler says Gov. Bobby Jindal's administration may have improperly destroyed records in the state employee health insurance program, in the middle of a heavily-criticized rewrite of benefit plans.
San Fran wins the World Series; Sistine Chapel improvements; Kurds moving toward Syria and more national and international news for Thursday, October 30, 2014.
Thursday's Blogs from the Bog!
Paper cites the former ADA's "experience as a prosecutor, his demonstrated integrity, and his ideas for reshaping the [DA's] office" in urging voters to support Keith Stutes Nov. 4.
Louisiana officials have sent a letter to the American Society of Tropical Medicine and Hygiene un-inviting members of the group who have recently been to ebola-affected West African countries from attending the group’s annual conference in New Orleans next week.
Drew Brees and the New Orleans Saints have to find a way to win on the road if they plan to take over first place in the NFC South.
"It is obvious that Louisiana economic performance has not outperformed the South or the United States as a whole and, in fact, has substantially underperformed..."
A state district judge said he will rule Friday on a preliminary injunction to keep some charter schools from receiving $60 million through Louisiana's public school financing formula.
Saints fans were to gather, make merry, eat/drink compliments of a new Downtown group and watch the Saints beat Carolina and claim 1st place in the NFC South. But...
New Orleans Saints running back Mark Ingram doesn't see his dramatic spike in production as any sort of validation.
U.S. Sen. Mary Landrieu is facing off one last time with her two main Republican challengers before next week's election.
He’s pulling for Knezek and Hidalgo on his end of the parish but issued endorsements in three other districts as well.
Off a narrow gravel road running between a handful of mostly abandoned lots near a Mississippi River levee, down past sprawling oak trees and thick weeds, a lectern framed by banana trees has been set up in front of three short rows of folding chairs.
Hillary Rodham Clinton is heading to New Orleans this weekend to stir up voter support for Democratic U.S. Sen. Mary Landrieu.
Saints coach Sean Payton has spent much of his team's erratic season trying to build his players up.
The Daily Advertiser has weighed in on this year's LPSB elections with nine endorsements.