Ask the franchisees. Check and see if they are happy?
Why can't they pay back the vendor finance?
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Ask the franchisees. Check and see if they are happy?
Why can't they pay back the vendor finance?
As per the prospectus the AVERAGE franchise ebitda is over $100K. So unless there is misrepresentation in the prospectus I would suggest that struggling sites would be well in the minority. As it happens, I know a couple franchises well. Overall they say morale within the franchise group is very good.
Perhaps you need to be just a little careful with broadstroke comments OTM. :-)
disc - NOT a BFW s/holder
I suppose misrepresentation will be to the forefront when the franchisor rolls - what will the poor franchisees do then?
As I have said before this was a huge throw of the dice for the franchisors and time will tell.
Interesting clash between FTG and onthemoney here .... wonder whose right? .... onthemoney has proved his worth in the past ..... so lets see what eventuates over time
One thing the franchisees should be doing OK from all that advertising paid for by the punters .... one way of paying the advertising bill .... pretend to do an IPO
Sounds very complicatedQuote:
quote:Originally posted by etrader
Will they be taking a loan from the company they owned to the company they partially own, then bought shares in the company they owned by borrowing funds from the company they now partly own.
Have to agree winner great pubicity, all publicity is good don't they say.
Well I have never been to Burger Fuel but will no doubt give it a try now.
A report back to fellow sharetraders would be great.
The thing is I am probably like a lot of people in that I don't even know where the closest shop is. Probably one of the reasons not many invested in it.
Yes exactly.... If you wanted a bottle of 42 below you can get it. If you wanted a burger you need to wait till they have an outlet (built at considerable expense).