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Re: None

Wednesday, 09/27/2017 10:47:17 PM

Wednesday, September 27, 2017 10:47:17 PM

Post# of 43557
Let's do some MATH:

Say each GIGL location draws 2,400 people each week to the malls. Say buildout costs are 1.5M (80% paid by mall owner anyways)

2,400 x 52 weeks = 124,800 people/yr.

Say the average net amt. spent for a movie or shopping trip to the mall = $25 (low assumption)

124,800 x $25 = $3.1M


Why wouldn't a mall operator who would pay for a large % of buildout costs NOT want to just acquire them ? Easily net over a milly for each location they would put a restaurant in.

100 locations x $1M =$100M. That might help the bottom line a bit, huh ?

* There will always be small children in this world who want things. Get those restaurants in poor weather cities first

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