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Wednesday, December 21, 2022 10:35:45 AM
oh, fudge.....
but noone should be surprised.
FUNN needs to close Provo; and 2 Toronto cafes too, so that the "best" remaining Toronto cafe has a chance to be actually positive net profitable.
Alcohol is one of the best revenue generators - and can help towards moving any restaurant to positive net profitability. Why would FUNN execs ever put a game cafe in a dry town?
StupidAF.....
Closing those two cafes in early/mid September probably helped stop some bleeding or at the very least it cut off dead weight.
I’m looking forward to the next financials that reflect closing down the two cafés. .
Everything posted is MY OPINION! I am making NO buy or sell recommendations here! DO YOUR OWN DUE DILIGENCE!
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