madhorseman Posted July 2, 2014 Share Posted July 2, 2014 Have you all heard this?? http://www.dailyherald.com/article/20140701/business/140709858/ Quote Link to comment Share on other sites More sharing options...
High octane Posted July 2, 2014 Share Posted July 2, 2014 Well yes I believe it and I would've bid on it myself, except that I'm a little short on ca$h this week. Quote Link to comment Share on other sites More sharing options...
Joe Handley Posted July 2, 2014 Share Posted July 2, 2014 There was talk of it on NBC-5 News last night, and I'll be honest, I'd rather see it go to a company like that! Quote Link to comment Share on other sites More sharing options...
Harry P. Posted July 2, 2014 Share Posted July 2, 2014 Geez... a billion dollars just isn't what it used to be. Quote Link to comment Share on other sites More sharing options...
my80malibu Posted July 2, 2014 Share Posted July 2, 2014 The article claims 38 stores with 8 million in yearly sales each,or 304 million annually. With the owners help, they could recoup the price in less than 4years. Quote Link to comment Share on other sites More sharing options...
Rob Hall Posted July 2, 2014 Share Posted July 2, 2014 Cool...business must be good, the one near my office always seems busy... Quote Link to comment Share on other sites More sharing options...
Danno Posted July 2, 2014 Share Posted July 2, 2014 Worth $a Billion? Well, my experiences there have been. I just don't know about the future . . . how's it gonna be with that green lizard hyping dogs and Italian beef? Quote Link to comment Share on other sites More sharing options...
my80malibu Posted July 2, 2014 Share Posted July 2, 2014 (edited) ? Edited July 2, 2014 by my80malibu Quote Link to comment Share on other sites More sharing options...
charlie8575 Posted July 2, 2014 Share Posted July 2, 2014 Worth $a Billion? Well, my experiences there have been. I just don't know about the future . . . how's it gonna be with that green lizard hyping dogs and Italian beef? I sort of know what an Italian beef sandwich is. Another Chicago thing I need to try next time I'm out there. Green lizard hyping dog?? More importantly....do I want to know? Charlie Larkin Quote Link to comment Share on other sites More sharing options...
Rob Hall Posted July 2, 2014 Share Posted July 2, 2014 I sort of know what an Italian beef sandwich is. Another Chicago thing I need to try next time I'm out there. Green lizard hyping dog?? More importantly....do I want to know? Charlie Larkin Green lizard-- the Geico gecko---Geico is owned by Berkshire Hathaway.. Quote Link to comment Share on other sites More sharing options...
Harry P. Posted July 2, 2014 Share Posted July 2, 2014 Portillo's has come a long way. This was where it all started... a small trailer with no running water. Quote Link to comment Share on other sites More sharing options...
mikemodeler Posted July 2, 2014 Share Posted July 2, 2014 50 years after starting out in a little trailer this man will be rich beyond his imagination. Sure hope they don't screw up a good thing! Quote Link to comment Share on other sites More sharing options...
Harry P. Posted July 2, 2014 Share Posted July 2, 2014 50 years after starting out in a little trailer this man will be rich beyond his imagination. Sure hope they don't screw up a good thing! People will expect the food to be what it always was... I doubt the new owners would mess too much with the menu. They'd be foolish to mess with success. Quote Link to comment Share on other sites More sharing options...
Joe Handley Posted July 2, 2014 Share Posted July 2, 2014 People will expect the food to be what it always was... I doubt the new owners would mess too much with the menu. They'd be foolish to mess with success. Sounds like it's one of Warren Buffett's companies, I'd be surprised if they were that foolish. Quote Link to comment Share on other sites More sharing options...
madhorseman Posted July 2, 2014 Author Share Posted July 2, 2014 My hope is they will not mess with the menu either.....and I'll be happy. Quote Link to comment Share on other sites More sharing options...
High octane Posted July 3, 2014 Share Posted July 3, 2014 I just happened to have an appointment late this afternoon and when I was done, it was 'bout time for dinner and there was a Portillo's Restaurant on the way home. So guess what? Quote Link to comment Share on other sites More sharing options...
Danno Posted July 3, 2014 Share Posted July 3, 2014 Green lizard-- the Geico gecko---Geico is owned by Berkshire Hathaway.. Bingo, Mate "15 minutes will get you 15% off a Combo Beef & Char-Grilled Sausage at Portillo's." Quote Link to comment Share on other sites More sharing options...
High octane Posted July 3, 2014 Share Posted July 3, 2014 Years ago I had called Geico for a quote for my Mom's auto insurance and it was higher than she was already paying. You gotta shop around as I just changed my insurance company and saved 'bout $400 a year. Quote Link to comment Share on other sites More sharing options...
Harry P. Posted July 3, 2014 Share Posted July 3, 2014 Years ago I had called Geico for a quote for my Mom's auto insurance and it was higher than she was already paying. You gotta shop around as I just changed my insurance company and saved 'bout $400 a year. I switched from Allstate to Geico in February. My premium went down 50%. Quote Link to comment Share on other sites More sharing options...
High octane Posted July 3, 2014 Share Posted July 3, 2014 It seems like the insurance agents charge whatever they want and hope that someone takes the bait. Quote Link to comment Share on other sites More sharing options...
Harry P. Posted July 3, 2014 Share Posted July 3, 2014 A lot depends on where you live, what you drive, how many miles per year, your age and gender, past driving record, etc. Quote Link to comment Share on other sites More sharing options...
Danno Posted July 4, 2014 Share Posted July 4, 2014 It seems like the insurance agents charge whatever they want and hope that someone takes the bait. It may "seem like it" but it's as far from factual as it can be. First of all, agents don't set rates. Secondly, insurance companies decide the rates they want to charge, but they must then ask the state for approval. Nearly all states have insurance commissioners who decide what rates insurers can charge. And, no, they don't always get what they want. It's up to your state government. Quote Link to comment Share on other sites More sharing options...
High octane Posted July 4, 2014 Share Posted July 4, 2014 If so, then why is it that I got five quotes for the same insurance coverage and the rates varied from $820 to $1380 per year? Quote Link to comment Share on other sites More sharing options...
Harry P. Posted July 4, 2014 Share Posted July 4, 2014 Because some companies charge less. Quote Link to comment Share on other sites More sharing options...
Danno Posted July 4, 2014 Share Posted July 4, 2014 If so, then why is it that I got five quotes for the same insurance coverage and the rates varied from $820 to $1380 per year? Because each insurance company chooses the rate it wants to charge, but must get approval from your state to actually sell insurance at that chosen rate. If the rate an insurance company asks for is out of line with public policy, your state should not approve it. The point is, insurance companies can't just charge whatever they'd like, they are regulated by your state. Free enterprise kicks in, too. If you want to pay $1,380 you may. If you want to pay less, there are companies that will sell coverage for less. But remember, you usually get what you pay for. Some of those bargain basement premiums (rates) won't get you much help when you really need it (in case of a loss). Most people don't bother to read the fine print until they have a loss and suddenly find out those "cheap" premiums got them really cheap coverage with a lot of hoops, hurdles, limitations, or exclusions. Whenever you shop around for insurance, you should always check a companies complaints and sanctions rankings (as compared to other insurance companies) with your state's insurance department or commission. You might be surprised to find that $820 premium would buy you coverage with a company that gets a huge amount of complaints or sanctions (fines, penalties, license suspensions, etc.). That's a track record you don't need your insurance company to have when you have a loss. And, on the other hand, some of the higher premiums may just be charging you for their reputation as a big-time insurance company. Many people find it comforting to be in the hands of a big insurance company with a huge advertising budget, even if they have to pay more for similar coverage. It's not unlike any other product or service . . . you have to shop smart, not cheap. Pyro model kits were a lot cheaper than AMT kits. Quote Link to comment Share on other sites More sharing options...
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