AI
| Followers | 14 |
| Posts | 1591 |
| Boards Moderated | 0 |
| Alias Born | 02/09/2008 |
Wednesday, July 09, 2008 8:44:23 PM
crashman........And the shell had "zero" assets, and the company now has 31.5 Million is "Hard assets". Swvc is in negotiations for another 52 million in "Revenue" on top of the already produced 42 million in revenue from 9+ Hacketts locations+Sackets Harbor brewery+5 Jreck sub-shop locations+multiple other assets including restaurants that came with the North Country Merger. Right now we are waiting for swvc's largest acquisition to date, this Retail (possible) chain will guarentee us "Profits" and there is no way to spin that. Plus have you looked at the recent canton numbers released? Remember the entire goal is to get "Deals", and turn them around into profitable machines. Have a look crash.
Example #1 Hacketts'The grand opening weekend saw over 1,400 transactions totally over $47,000 in sales. Average weekly sales since the grand opening have been about $63,000 per week, which compares well to the average sales of $21,000 per week that both WiseBuys and the smaller Hackett’s were doing on a combined basis prior to the transition.
***Average weekly sales probably settling in at $50,000.
Exampe #2 New Retail'Area retailer for possible acquisition. The company, which has and has had locations in various northern and central New York markets, generated approximately $15.2 million in revenues and income before taxes of over $500,000 in calendar 2007.
ADVERTISEMENT
***Thomas Scozzafava, CEO of Seaway Valley, stated, “If this company is, indeed, acquired, Seaway would be getting with it a proven operator with track record of success.” Mr. Scozzafava added
@Disclaimer I****M***H****O
Example #1 Hacketts'The grand opening weekend saw over 1,400 transactions totally over $47,000 in sales. Average weekly sales since the grand opening have been about $63,000 per week, which compares well to the average sales of $21,000 per week that both WiseBuys and the smaller Hackett’s were doing on a combined basis prior to the transition.
***Average weekly sales probably settling in at $50,000.
Exampe #2 New Retail'Area retailer for possible acquisition. The company, which has and has had locations in various northern and central New York markets, generated approximately $15.2 million in revenues and income before taxes of over $500,000 in calendar 2007.
ADVERTISEMENT
***Thomas Scozzafava, CEO of Seaway Valley, stated, “If this company is, indeed, acquired, Seaway would be getting with it a proven operator with track record of success.” Mr. Scozzafava added
@Disclaimer I****M***H****O
@Disclaimer I****M***H****O
