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Re: RookieStockPicker post# 35309

Tuesday, 03/31/2015 6:59:23 PM

Tuesday, March 31, 2015 6:59:23 PM

Post# of 45244
Then how do you explain BCCI's massive losses?

Hooter, BatGirls, it is all the way they manage. Coffee Kiosk have been in my town for 20 years. Seems they must be making money, to be around a couple decades.

The company lost $2M plus in 2012/2013 on $2.7M in revenue. They have closed three locations, yet in the most recently reported quarter experienced operating losses of $0.60 per $1 of revenue.

'Trashy kiosks' is not destined to be a national brand. Failures in TX and AZ, combined with the failure to open the announced third kiosk in SW FL, should tell you that. It is now years since the company announced franchise documents filed in more than half the country, but no new states opened and old states closed.

The company's only opportunity lies in the new operational model being developed by BMOC in PA, and a hope that other franchisees will want to 'play' with an ongoing royalty stream to BCCI. Look forward to seeing the mall costumes and ambiance.