Tuesday, November 28, 2006 12:42:19 PM
uWink franchise players - focus on MULTIPLE-UNIT:
Because of their innovation uWink will be able to pick who they want as franchisees. I am quite sure there is a filter process in place to qualify real franchise players. As I understand it there are Area Developers all over the country who have the ability to buy large territories of multiple franchises. I would bet that it is the Developers that uWink is going after, not the Mom and Pop operation.
From the 10QSB:
"Our longer term growth strategy is to open additional company-owned and/or company-managed restaurants in new markets and to franchise our concept, focusing on MULTIPLE-UNIT area development agreements with experienced operators. We are targeting a mix of one-third company-owned restaurants and two-thirds franchised restaurants. We expect we will also seek to generate additional revenue through the sale of media equipment to franchisees."
When are you leaving for California?
BTW: Mark will be arriving there today...
Curious if other folks here will be there.
uBuy until uSell - uWink, uWait, uWin! - Netman
I base my trading decisions on my own DD, research, evaluation, constant re-evaluation, insight and information. Everyone should do their own DD, and constantly evaluate their own conclusions IMO.
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