Donini, Inc., through its Canadian subsidiaries, is a full support franchise management company operating in the Greater Montreal area, Quebec, Canada that currently supports five Pizza Donini delivery restaurants with limited seating of between 25 to 50 seats and one 120-seat, fully-licensed Italian restaurant with delivery services, operating under the name "Donini Resto Bar." The Company plans to extend its operations into the United States and other provinces of Canada, either as franchise units or Company-owned stores, depending on available capital.
2. Company Info:
Contact Info 1510 Henri Bourassa Blvd. West Suite 200 Montreal, QC H3M3E3 Canada
Shares Outstanding 447,598,300 a/o Apr 22, 2010 Float 75 Million from last filing Authorized Shares 750,000,000 a/o Feb 28, 2010 Par Value 0.001
4. Go to the website http://www.pizzadonini.com and you will see that the company is active. You will notice they have 5 franchise outlets and 1 big restaurant
The plan includes the development of approximately fifty (50) new food outlets in addition to the ten (10) existing outlets over a five year period. Mr. Deros, President and CEO, emphasized that this expansion plan is realistic in large part due to the Company?s restructuring of its debt and the closing of all unprofitable units. Company expects to open 50 food outlets by 2014. Lets say they atleast open 25 stores. I have already mentioned the Food outlet opened in USA. Its a good start.
7. PPS Evaluation:
Currently they have 7 outlets and let say they make $1 million revenue (thats $3000 per day) and make 20% profit on each outlet. Thats $1.4 million annual profit.
At P/E (conservative) = 10, the market cap should be $14 million. This is based only on the existing stores and we don't know much on other new stores.
At Market Cap of $14 million with 450 million O/S, the PPS should be at least $0.03. This is very conservative.
The valuation is much higher when you consider 25-50 food outlets.