Replies to post #27148 on V Group Inc (VGID)

[LarryBear40]

I understand. I agree with everything you said. If 700K is sales and the average margin is 18 percent (i.e. 126K), you still have to subtract G&A expenses such as rent, utilities, maintenance, repairs, insurance, supplies, owner's salaries, other salaries, etc. It would easily end up at around 50K net. That's not a bad thing. If the corporation can open these locations making that kind of profit, we'll have a very nice little addition to the value of VGID and our (shareholders) stock. Go VGID