InvestorsHub Logo
Followers 2770
Posts 77901
Boards Moderated 1
Alias Born 05/10/2007

Re: glasssoto post# 1404

Thursday, 01/13/2011 9:52:41 PM

Thursday, January 13, 2011 9:52:41 PM

Post# of 4848
This one's not for me but.....40,000 restaurants you get 5% of them to sign up that's 2000. 2000 restaurants times $700 equals $1.4 million....10% sign up $2.8 million in sales...etc...so that's how you would estimate sales of the grease thingie. 10%-20% penetration into a market is great btw.....

$10 million in sales they projected would be a 35% closing ratio of restaurants who sign up out of the 40,000 restaurants.

14,500 restaurants times $700 equals roughly ten million dollars.....not impossible. So if you like this one you have a shot for this to work out for you.


There are also a bunch of companies who take the restaurants grease away for free already. They use it to make biofuel....so I would guess companies like the one linked below would be your competition for the restaurants grease.

Here's an ad of a company who does this

Qualifying restaurants will have their waste fryer oils removed free of charge.

http://www.heartlandbiodieselsupply.com/html/waste-oil-collection.html

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.