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Thursday, 11/28/2019 11:19:36 AM

Thursday, November 28, 2019 11:19:36 AM

Post# of 22788
Business goal is 3 new locations a quarter. Franchises open up in 6 months.

https://www.westcoastventuresgroupcorp.com/investor-relations

Our Plan for Growth

Our growth strategy consists of the following components:
1. Organically expand our existing restaurant holdings with a focus on growing revenue and profit. What that looks like is investing $500,000 each quarter to open 3 new locations per quarter. This will add $800,000 to $1,000,000 revenue annually per new location for a total increase of $4,800,000 to $6,000,000 in annual revenue added to existing $3,000,000 annual revenue, so that at the end of six months we are on a $9,000,000 annual revenue run rate after adding the 6 new locations.
2. We have begun the process of setting up our franchising system with the goal of actively selling franchises within six months.
3. Find underdeveloped and under-valued restaurant properties and apply our successful growth model to their businesses.
4. Innovate and develop bold new dining concepts

Looks to be an exciting 2020

$$$WCVC$$$

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