Monday, July 07, 2008 1:15:22 PM
Fact: first store is very profitable. 6% downtick over a year is not a concern, as it is natural that something like this would max out. The factor that it is a novelty or "new" will only last so long. Only thing is that O/H could grow, especially if they are hiding restaurant direct cost there. Multiply those numbers by 3, take into account floor space, and you have yourself a break-even operation. Optimistically, a profitable one. FIrst restaurant took 3 months to grow it's business. in a mall....
If these numbers were not pointing to break-even, I would have predicted the slide to continue and not invested. The fact that it did continue means.. either the market is really negative and I was unlucky.. or I am an idiot. Either way, do not trust me to change your fuel filter in your car. I could hurt you and/or myself.
FEATURED ELEMENT79 GOLD CORP PROVIDES UPDATE ON CHACHAS COMMUNITY CHARTER AND REVENUE GENERATION, M&A ACTIVITIES • Jul 30, 2024 8:00 AM
Avant Technologies Opens Equity Line with GHS Investments as Company Explores Expansion into Additional Technologies • AVAI • Jul 30, 2024 8:00 AM
INDEXR AI Merges With Moon Equity Holdings Corp. (MONI), Creating a Leading-edge Technology Company • MONI • Jul 29, 2024 9:59 AM
Cannabix Technologies to Deliver Innovative Breath Logix Alcohol Screening Device to Texas, USA • BLOZF • Jul 29, 2024 9:07 AM
BNCM AND DELEX UNVEIL POST-MERGER MANAGEMENT PLANS • BNCM • Jul 29, 2024 9:00 AM
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution • GDLG • Jul 26, 2024 12:30 PM