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So what happens if it does not work?
This is not a proven franchise so it just may have been difficult to collect that upfront fee from everyone....just my thinking
When do u say it is a proven franchise? I mean seriously if these people cannot afford the franchise fee then they should not be opening up a franchise. I think that the 20,000 franchise fee is a little on the high side if you ask me. I guess after righting this I do agree with you somewhat on the above statement you made, it is not a proven franchise yet.
Do you think that is all in effect with only having 7-8 stores? OD would have the answer to that, but will never tell us.
I never said anything about call as needed basis. Medical insurance is not cheap and that adds up quick if you have to insure every employee. Medical Insurance is not mandatory here in PA on regular employees. Usually the only ones that can get medical here are the managers and shift managers.
How many pizza shops dont sell subs? Maybe a handful
Unique Pizza & Subs is the name of the company?
But 10-12% is a low number. I use to work for a pizza shop that would also, give there manager a bonus for keeping labor and food costs down. Labor Costs depends on how much business you plan on doing for that week and month. I agree with formula for success. Managers should have a schedule of what is expected for that week to base there food and labor costs off of.
I agree
That depends on how the business is run and way they present it I think that there idea is to run it just like any other nationaly known pizza shop. Vocelli, pizza hut,dominos, etc...just a few examples of how this company is compared to these other franchised companies, which is my opinion.
There are also formulas for success in business. Certainly one is that Employee expense should not exceed 12% and the target is 10%.
How did you come up with those numbers?
I understand that,but Unique is not the only one that has trouble profiting in this business.Its all about the price. So their expenses are just too high. In order to make profit for Unique then has to be over 7k or the owner must be their all hours of the day. A wall menu is a minor problem..........
this is estimated and their are more expenses that are not listed.
estimate on 6k a week
labor costs 27-30% lower labor costs with 800 number
food costs and 35%
top quality ingredients? is what they say to make it unique
that is the cheapest apartment then i quess they should not work at unique.
what is minimum wage?
Ongoing fees
Weekly royalty fee 5% of gross sales
Advertising fee 3% of gross sales
This could be waived for 2-3 months until they get going, but after that I dont see a problem of getting those fees from franchisees. fees are from Gross sales......
6k week break even point for typical franchised pizza shop.
480 week
1920 month
These fees can add up very quick for a franchisee.
It's best to back these types of statements with facts....discussing the stock, failed PR outcomes, etc. is one thing but accusing people is a different story unless you can back it.
HMMMMMM.....let me think about it they havent been honest with us since day 1. I really was not accusing just somethings I was thinking about while at work.
Oh yeah the Race car thing I am confused about because they really dont race in nascar do they? Dont follow Nascar by the way.....
They had 10 stores in PA but since 911 they now only have 4.
Why not open up more Corporate stores in other states?
Too many investors backing out, permits being held up, etc etc. what is it going to be next?
I OWN THIS STOCK JACK
Basher? LOl 1 x 3 is weak
Not looking good right now.
Lets just go fishing and have a few beers, how bout it?
I agree with you it is a big problem when people jump ship. So what is the problem here folks is this pizza really that good or do we just say that because we are shareholders? Is the price right? are they trying to hard to be Unique? Race Team? Denver Bronco Tickets? Or are we just paying for Jim and Bill Vowler to have everything they ever wanted?
What did he do to make him a great resource for this company?
I believe your technicals are wrong for now, but eventually they will be right, lol.
Good enough Thanks
IF YOU WERE NICE ABOUT IT MOJO I WOULD TAKE THE CAPS OFF BUT I DECIDED TO KEEP CAPS ON. WNSH HAS ONE MORE COMING............ THANKS JACK!!
LOL YOUR RIGHT BUT IT CAN HOLD ITS POSITION AT .0001/.0002 FOR A WHILE. DOES THAT MEAN ITS GOING UP. BELIEVE ME I HOPE IT DOES GO UP SOON.
HA-HA I GOT MY SHARES JUST DONT THINK ITS GOING UP RIGHT NOW. YOU KIDS LIKE TO GET A LITTLE CRAZY IN HERE SOMETIMES ON NOTHING. GOOD LUCK TO ALL
THIS IS NOT GOING UP ANYTIME SOON. SORRY KIDS
I agree RK something is up just like all those PR's released that seem to be questioned quite often. How many stores is Foxs pizza up to now?
I dont plan on calling Old n Grey.
thank you
what is his phone number?
news is coming???? LOL funniest thing I have heard all day.
Just ignore him, he knows not what he is talking about.
loser stock alert!!!!
sunken ship....game over
we will see hope some news come out....
same here
shares are in my account and active
You mean .24?