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Re: Johnnylatte post# 37002

Thursday, 09/17/2015 2:41:19 PM

Thursday, September 17, 2015 2:41:19 PM

Post# of 45244
I may need to stand corrected on Florida.

I thought I read that the two Cape Coral (near Fort Meyers) stores had closed. However, I can't get back to that reference -- perhaps someone else can.

My current research shows your brother's visit plus:

- Cape Coral Parkway store. Yelp review on July 28, 2015. Yelp shows no phone number, but no indication of closed. Bing shows Open, and a phone number, but it is Ring No Answer. Perhaps they have elected to not have a phone, Yelp usually up to date with this stuff.

- Del Prado store. Yelp review in February, 2015. Yelp shows no phone number, but also no indication of closed. Bing shows Open, and a phone number, but after two rings you get fast busies, suggesting out of service.

- BCCI most recent financials (Q2 15) show that the 49% minority interest in the store lost about $25K in the quarter.

- The company announced a third SW FL store in a February, 2014 PR, but it hasn't opened. The company's Q2 2014 financials show that the 49% minority interest 'contributed' $115K in equipment to BCCI in the quarter, suggesting that they changed their mind about opening a third store.