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Tuesday, January 22, 2008 8:53:54 PM
Let's face it, the restaurant business is pretty competitive and highly speculative. Most of the reason why bars/restaurants make money is because they are new. That is why they changes hands/facades so many times.
This will not go back up until they do open up those restaurants, but it won't stay up until they release solid financials that show profit. Signed contracts for franchises would be nice as well.
Remember, a Letter of intent can be broken... if the business is not viable, a letter of Intent for a franchise won't mean much.
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