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Straight Up With a Twist: Bar Appeals to Patrons for Loans

Posted February 13, 2008

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— The Longbranch Saloon, which bills itself as the state's longest-operating nightclub, has issued an unusual appeal to people on its e-mail list: It is trying to raise enough money to keep from closing Friday under the weight of debt from a building renovation.

In the e-mail addressed to "our dear friends, family and customers," the nightspot said it needs $80,000 to pay back rent and that a loan for which it has applied might not be approved in time.

The saloon had to pay for $300,000 in building improvements to bring its rented location up to code, the e-mail said, "and we've been catching up ever since.

Money raised will be paid back, the establishment said. Once the loan comes through, "We will be able to pay everyone back right away."

36 Comments

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  • cerebral cortex Feb 22, 2008

    Libra,
    "Gather ye rosebuds while ye may,Old time is still a-flying:
    And this same flower that smiles today,Tomorrow will be dying."

  • diversityx3 Feb 22, 2008

    Yes, I do indeed know plenty. Do you think I should write a tell all book? I don't know about "As the Longbranch turns" I think I like "As the branch breaks" a little better.

  • diversityx3 Feb 22, 2008

    Hey Gafan006...funny you should mention a minority co-owner. Have you ever heard them use the term code 50 at the door when they turn someone away?

  • haida Feb 22, 2008

    YEP KID HIMSELF WILL BE THERE PARTYING ALSO.
    I WOULD NOT BET ON IT!!!! THE LONGBRANCH HAS HAD LOTS OF BIG NAME AFTER PARTYS AND THE ENTERTAINER NOT EVEN BE THERE. IT'S JUST ANOTHER PLOY TO GET YOUR MONEY!!!!! BUT USUALLY BY THE TIME THE PARTY STARTS PEOPLE ARE SO WASTED THEY DON'T CARE.
    AS THE LONGBRANCH TURNS. LOL!!!!!!!!!!!

  • PikeMom4real Feb 22, 2008

    Maybe the LongBranch can get the money they need tonight with the Kid Rock after concert party.Yep,Kid himself will be their partying also.

  • haida Feb 22, 2008

    I would love to SPIT DA TRUTH, but it wouldn't do any good.
    This is just an old hat to this businessman. Ain't nutin new to him. I too would like to hear MORE from Boobaby and the other blogger that seems to know so much. AS THE LONGBRANCH TURNS!!!

  • Aint ur day Feb 22, 2008

    Interesting, I just wish haida would spill the beans and tell us more. I also read the other posts, seems boobaby669 and diversityx3 know so much more and they seem to be holding back.
    libra, you must be the author of the e-mail that was sent out, if not its someone in the office who is covering for them.

  • anonemoose Feb 22, 2008

    If I loan them money, can I become a part owner? Then will I get in free, pay less for drinks, and can't get kicked out since I am part owner? I'd go for that one.

  • foetine Feb 22, 2008

    Raleigh needs one of those clubs that in order to get a table, a party of 3 has to pay $350 for a fifth of Smirnov vodka.

  • haida Feb 22, 2008

    Ask all of the previous Partners how they faired being in business with the owner. BEWARE!!!!!!!!!

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