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fishhunter

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fishhunter

Re: rmiller20b post# 41208

Friday, 05/26/2017 1:34:02 PM

Friday, May 26, 2017 1:34:02 PM

Post# of 53792
rmiller, I have not been in the one single Modern Round restaurant. I don't know what you mean by "unit level" but the way I read their year-end report they lost a TON (relative to revenue) of money in 2016. Furthermore, their Jul/Aug/Sep quarter was pathetic and their Oct/Nov/Dec quarter was only slightly less pathetic. Net income was negative. They have said they need 1.25mil per quarter in revenue at this site in order to break even on a cash flow basis (yet still have negative net income).

You said it ALL with your 40% number for female guests. Why isn't it 55% like EVERY OTHER RESTAURANT on the planet and why isn't it at least 53% like the local demographics of Phoenix?
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