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Re: uksausage post# 27148

Friday, 05/26/2017 9:37:17 AM

Friday, May 26, 2017 9:37:17 AM

Post# of 48544
I understand. I agree with everything you said. If 700K is sales and the average margin is 18 percent (i.e. 126K), you still have to subtract G&A expenses such as rent, utilities, maintenance, repairs, insurance, supplies, owner's salaries, other salaries, etc. It would easily end up at around 50K net. That's not a bad thing. If the corporation can open these locations making that kind of profit, we'll have a very nice little addition to the value of VGID and our (shareholders) stock. Go VGID