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West Coast Ventures Group Corp WCVC

West Coast Ventures Group Corp is engaged in operating restaurants in Denver, Colorado metro area. It owns El Senor Sol, a Mexican cuisine restaurant and Illegal Burger restaurant located at different locations.


EXPM:WCVC - Post by User

Comment by east4weston Jan 01, 2020 9:54pm
81 Views
Post# 30509546

RE:Stockhouse pays dividend for W.CVC buyers January 2, 2020

RE:Stockhouse pays dividend for W.CVC buyers January 2, 2020

Our Plan for Growth

Our growth strategy consists of the following components:

1. Organically expand our existing restaurant holdings with a focus on growing revenue and profit. What that looks like is investing $500,000 each quarter to open 3 new locations per quarter. This will add $800,000 to $1,000,000 revenue annually per new location for a total increase of $4,800,000 to $6,000,000 in annual revenue added to existing $3,000,000 annual revenue, so that at the end of six months we are on a $9,000,000 annual revenue run rate after adding the 6 new locations.

2. We have begun the process of setting up our franchising system with the goal of actively selling franchises within six months.

3. Find underdeveloped and under-valued restaurant properties and apply our successful growth model to their businesses.

4. Innovate and develop bold new dining concepts

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