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Rocky Mountain Liquor Inc V.RUM

Rocky Mountain Liquor Inc. is a Canada-based company. The Company, through its wholly owned subsidiary, Andersons Liquor Inc., owns and operates approximately 24 private liquor stores in Alberta. The Company is engaged in selling beer, wine, spirits, ready to drink products, as well as ancillary items such as juice, ice, soft drinks and giftware. Its liquor store locations in Alberta include Athabasca, Beaumont, Cochrane, Devon, Edmonton, Fairview, Fort Macleod, Fort McMurray, Gibbons, Grande Prairie, Lac La Biche, Lethbridge, Morinville, Rocky Mountain House, Slave Lake, St. Paul, Sylvan Lake and Wetaskiwin.


TSXV:RUM - Post by User

Comment by microcaphobbyon Oct 13, 2020 10:25am
60 Views
Post# 31706683

RE:RE:Alcanna business update - this Q likely to be good

RE:RE:Alcanna business update - this Q likely to be goodThose 8 Alcanna stores had pre-tax profit of 1.9 million or about . Rum's 28 stores had a pretax profit of 970,000 or $237,500. 
Rum had profit of 1 million on 28 stores or $35,700 per store. Even if you assume the 2 storesa sold were not profitable at all that sill leaves profit per sotre of 1million/26 = $38,461

Rum  stores sells lower margin booze so there is no way its stores would be valued like Alcanna stores.


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