Post by
RoboticSlave on Sep 13, 2020 12:08am
Close to profitability and even more stores opening
I notice there's a lot of bashers so I figured I'd post my support, they have great market penetration and by franchising they avoid any risk from underperforming stores. This quarter they had.a.positive Ebitda, and more stores opening and this is during COVID-19 where retail is at its worse
Comment by
EricQC on Sep 13, 2020 1:06pm
I believe the key is whether or not the franchisees are making money. If they are this will create more demand for new franchise stores and the company can then increase new franchise fees while growing royalty revenues that flows right to the bottom line. Has anyone seen what the financial performance of franchise stores look like?
Comment by
RoboticSlave on Sep 13, 2020 3:14pm
that's also the good thing of having franchises though, if some stores underperform it doesn't really affect their bottom line since they get a chunk of everything
Comment by
Gaslighting on Sep 14, 2020 8:48am
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