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Wednesday, July 12, 2017 9:10:38 PM
The McDonald's franchise is trading at over $156 with a market cap of 127 billion. The number of McDonald's franchises in the world are 36,899. Divide the 127 billion dollar market cap by 36,899 and you find out that on average each McDonald's restaurant contributes over 3 million to the market cap.
As of now, the number of Charlie Graingers sits at 15. 15 x 3 million = 45 million. There are scheduled to be 350 openings of new Charlie Graingers restaurants. Do the math yourself! Even if the revenues aren't as impressive as a McDonalds, it's reasonable to assume each restaurant would contribute at least 350k to the market cap. there's NO way this will continue being half a penny. It's unrealistic!
You also have to take into account McDonald's outstanding shares are 815.7 million, which is more than UHLN's!
Franchised restaurants = $$$$
Get in or get left behind
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