Saturday, May 06, 2023 7:13:42 PM
The Franchisee is responsible for building, startup costs, and overhead costs.
S&L charges Franchise fees, management fees, accounting fees, marketing fees and takes a small percentage of gross revenues - and no exposure or responsibility for build out costs.
They already tried the partnership thing.
And the alleged "inked" deal for 10 new cafes.1/21/20.
This FAILED epically
https://www.globenewswire.com/en/news-release/2020/01/21/1972947/0/en/Amfil-Technologies-Inc-Inks-Deal-To-Bring-Ten-New-Snakes-Lattes-Locations-To-The-USA.html
Everything posted is MY OPINION! I am making NO buy or sell recommendations here! DO YOUR OWN DUE DILIGENCE!
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