Originally Posted by
Snoopy
I went to the last AGM. Tough talking Ted said RBD were now known internationally as the 'go to' guys for an overseas chain wanting to establish here. They get approached all the time, so get first dibs at many new prospective concepts. I think there was some mention of a sit down restaurant chain they were evaluating; "Hooters NZ" by RBD anyone? Who knows, but there are plenty of prospects out there.
There was also mention of having another go overseas: Australia perhaps? I couldn't help notice at the AGM how old the longest serving director director, Danny Diab, looks these days. A successful Pizza Hut Entrepreneur in New South Wales in his day, but Danny has to be over 40 now. Being an old fart around the board is good as that is an appropriate avenue down which to distill your experience. But actually operating your own business at Diab's age? Come on! His back would break under the strain of three or four Pizza boxes! This is 2016, not 1987! Danny may have the body of a quadragenarian, but in these digital days that equates to the brain of a nonagenerian. Danny the dinosaur is well overdue for retirement. And what better vehicle to tip those NSW based Pizza Hut franchises into than RBD? A few of those older KFC franchise holdouts in New Zealand have done that to RBD over the last couple of years. The Victorian venture showed how not to run Pizza Hut in Australia, so -lessons learned- a return to Australia, and Pizza Hut, would see RBD immediately up to speed. Remember, you read it here first!
SNOOPY