A new store opening, on average, about every three days? :eek2:
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You underestimate the US potential re burger outlets. My favorite, 5 guys and fries, went from about 5 to ~ 1,000 in ~ 9 years, when it commenced franchising in 2003. Is now looking at another 1,500 :eek2:
Attachment 7458
http://www.forbes.com/forbes/2012/0806/restaurant-chefs-12-five-guys-jerry-murrell-all-in-the-family.html
This excellent article, albeit a tad dated, highlights the potential and some of the downsides ahead for Burgerfuel. "The faster you go, the harder it is to execute."
From my limited knowledge, burgers in the US seem to have a different makeup... a good burger is basically a bun with a thick beef patty (cooked medium/well) and cheese. All the extras are on the side. I am just wondering if the burger fuel type gourmet burger will be seen as a premium burger? I guess they have the population but still an acquired taste for the US market.
What do you guys think?
Seems this stock bottoms out at early $3 then skyrockets up randomly
so quiet..
that USA Burger is pretty darn good
Good bounce so far today, if there is a reasonable ann for the U S expansion this share will be very hard to value.