I don't want to start any unnecessary arguments or debates. Just want to respectfully offer my thought on investors calling Roger and or Ben about expansion/franchising opportunities.
If I were a shareholder interested in opening a franchise, I'd wait until franchising opportunities were announced by the company.
Psychologically, as investors we are already "fans" and "supporters" of the company. And I'm sure we want our perception of the company to stay positive. Meaning, I wouldn't want to make a phone call, be disappointed by a no answer, and then let that disappointment creep into how I felt about my investment. It would be a shame if I let an external situation like this, make me sell far too early.
Roger is focused on opening the 3rd location, and as mentioned, will then focus on Chicago and Vancouver. He mentioned wanting to have 5 locations and a "playbook" or standardized format for properly expanding via franchising.
Roger and Ben likely want to control everything for now, in order to properly protect and refine everything Snakes and Lattes brand, before franchising.
Right now, we are all just random shareholders. Valued as we may be, it doesn't mean Roger and Ben have any obligations to entertain our own individual desires to help expand their brand.
So, with all due respect, you may be setting yourself up for failure if you're expecting an affirmative on opening a branded Snakes and Lattes location in your city.
Snakes and Lattes has YouTube videos on how to open a board game Cafe, (non branded Snakes and Lattes) perhaps specifically to address the widespread interest they've received about franchising.
Board game cafes are catching on, and it's a great idea! I hope you're not upset or offended by my comments. That's not my intent. Just stating why it may not be the best idea to reach out at this point in time.
Go AMFE
Rec
