Thursday, August 02, 2018 8:06:59 AM
If they take over individual stores the profits are indeterminable as they are set up under individual company names DBA goin postal.
Assuming 700 stores at a franchise fee of $480 a month amounts to $336,000 in fees across all stores or $4mill a year in fees this could be a game changer.
The website says fees can be more but I’m being conservative.
http://www.goinpostal.com/shipping_store_franchise_info.php
If they go the route of opening stores using this company name the cost can be up to $150,000 to open a store with profit determined on market potential.
They have worked on this deal since 2015 with no solid results and some noise some time back about getting a goin postal stores in every Walmart that seems to have fallen apart.
Again back to my original statement that management at TRBO does not provide the details needed to determine the quality of work this company is doing. Dribbles of news a few times a year and weak financials for what seems to be strong opportunities is why the PPS is so weak.
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