InvestorsHub Logo
Followers 103
Posts 16378
Boards Moderated 0
Alias Born 07/29/2011

Re: Egold post# 270763

Tuesday, 12/10/2019 7:53:13 AM

Tuesday, December 10, 2019 7:53:13 AM

Post# of 346509
FUNN has had 4 locations without any real Snakes & Lattes expansion in 1 1\2 years and according to the PR the next Snakes to open is in 6 months. Just not good enough or fast enough to take advantage of the marketplace.
In USA, the largest market, opening a second Snakes in Summer 2020 will average one Snakes every 1 1\2 - 2 years. Saying seven when there are only 4 open, with 2 that just got a lease agreement and won't open for 6 months, and 1 that is not even confirmed to open is a stretch at best.

Disclaimer: All of my posts represent only my personal opinion and should never be taken as facts or advice by anyone, for any reason. We all have different opinions.