Tuesday, February 17, 2015 7:01:58 PM
For sure, good news for BCCI that the BMOC deal has been resurrected.
I do like the idea of a new format, much as I liked the sports bar.
However, I am skeptical as to whether an in-mall solution will be financially successful -- fortunately, BMOC is taking the financial risk (assuming previously announced provisions of franchise agreements remain in place). Hope it works out, since in addition to the $25K/unit franchise fee (if that applies to mall locations), BCCI receives 7% in royalty and marketing fees.
Given this announcement -- would be interesting to know who invested $80K in a buy order last Friday....
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