Replies to post #36096 on Baristas Coffee Company, Inc. (BCCI)

[RookieStockPicker]

At best this is a estimate, word anticipate is used, investors can read this for themselves.


For the next 12 months, Baristas forecasts opening ten new franchise locations, in addition to maintaining our existing locations. We will receive a franchise fee of $25,000 for each new location ($250,000 in revenue) and anticipate expenses in supporting each new franchise location to be $17,500 ($175,000 in expenses) for an additional net profit of $75,000 before royalties and other revenues. We anticipate hiring an operations manager as franchise sales are closed.

[RookieStockPicker]

Looks to me they are using the franchise agreement that included the Sports Bar. Apparently the only part of the agreement that was canceled was the part about the Pavilion.