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Tuesday, January 29, 2019 11:40:25 AM
We currently have 4 S&L locations, and the last known financial report showed that we had made $11 mill in 3 quarters. We have reason to believe that a full year, with 3 locations, can get us closer to $15 mill.
We now have 4 locations, and we are set to open 3 more locations by the first half of this year.
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-Announces-3-New-US-Based-Snakes--Lattes-CafeBar-Locations-In-Progress-and-Additional-Locations-in?id=215154
If a full year with 3 locations brings us around $11-15 mill in revenues, then a full year with 7 locations should bring us around $23-32 mill in revenues.
If we were to set it more precisely, each location brings about $3-4mill
7 x 3 = 21
7 x 3.5= 24.5
7 x 4 = 28
We have to understand that S&L does not make its revenue only through retail. A big part of the business is distribution, and the company is currently working to replicate their successful business model in the US. Distribution + retail can and should bring us closer to $30 million in revs.
We are about to enter the world of self publishing. This could bring $XX,XXX,XXX in revs by itself...but it is very hard to gauge this at the moment, so I will just leave this as a side note.
So, recap: 7 locations + retail brings us about $30 mill in revenues.
But we won’t stay with only 7 locations will we? There are already 17 ADDITIONAL investors “ready to pull the trigger, should the right circumstances come up”.
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc-Announces-3-New-US-Based-Snakes--Lattes-CafeBar-Locations-In-Progress-and-Additional-Locations-in?id=215154
17 + 7= 24
24 x 3 = 72
24 x 3.5 = 84
24 x 4 = 96
A company that makes $72 million in revenue, and trades at the normal 2x earnings is worth $144 mill or about $1.42 per share.
A lot will now depend on the amount of locations that the expansion team can bring about.
A few things to point out is that this does NOT take into consideration EcoGro3 at all. It also does not take into consideration distribution at all, nor does it take into consideration self publishing at all.
This is not a minor detail. All of those points are MAJOR pillars of the business, and they bring SERIOUS revenue to the table.
We already KNOW that Tempe is a hit. If you don’t, check out the location, or the many mentions it has on Twitter. This is why more people want to invest in a location with us. Orlando will be a huge boon for us, since it is such a tourist heavy city, even MORE people will see what S&L is, and will want to invest in one.
I think we end this year with 10 + locations, but I would not be surprised to see 25+ next year, and 40+ the year after that.
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