A PR statement reads, “This was a difficult decision for us, as we wanted to see Soul Daddy succeed, but the restaurant simply was not performing as we had hoped. We’d like to thank all of the customers who tried our restaurants and the people who worked hard to try to make the restaurants succeed.”
According to Portfolio’s estimates, the failure cost more than $3 million. Chipolte Corp. put in about $2.3 million. Chipotle founder Steve Ells and his fellow judges/investors Bobby Flay, Lorena Garcia, and Curtis Stone supposedly contributed $220,000 each. While the judges probably made more from appearing on the now-cancelled series and benefited from the exposure, that’s still a lot of money.
It’s estimated that the $3 million dollars was enough to keep the locations running for six months so it seems like everyone saw the writing on the wall and decided to cut their losses quickly.
Self-employed caterer Jamawn Woods previously worked at Chrysler as a forklift operator. When he won, the car company granted him a one-year leave of absence to pursue his dream. A rep for Chrysler says Woods is still welcome to come back and that, “He is still part of our family.”
LA Weekly has some ideas about why Soul Daddy failed. They include:
Location: The Los Angeles location was on the fourth floor of a mall, buried in a back corner with little foot traffic.
Concept: Woods came in with a good concept — fried chicken and waffles — but the show’s experts morphed it into “healthy soul food” and apparently that’s not what many people want to eat.
The show: Few people watched the show because it wasn’t very exciting. By the time it ended, few people cared or knew who won.
The food: It was uninspired and ultimately not all that good.
What do you think? Why do you think Soul Daddy failed. Did you visit a location? Would you have if one was nearby?
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