(repost)Snakes DD: IMO Snakes has even bigger potential than Shake Shack, because we have distribution + retail sales in each location, which are high margin... FYI, Snakes buys games BELOW wholesale (distributor pricing), so when they sell them at retail, they make more profit per unit than other retailers.
Then theres Snakes On The GO event planning, Publishing, marketing revenues, etc... Plus, Snakes is unique (not another trendy burger joint). They collect a cover per person, can charge up to $20 on event nights and they pack the place. Then add food, lattes, cocktails AND retail game sales on top of this cover. Cha-ching!
...and Snakes is not just a fad. They have been expanding seating for 7 years and they fill up, with large groups of patrons being turned away because they are booked solid, without needing to take reservations ... hence #3 being the largest to date
Then theres the GRO3 sub and Interloc spinoff on top of this. Are we undervalued?!
Has everyone done their DD on Snakes & Lattes? Make sure you do, before you give your shares away cheap. KNOW what you own... This is a big board stock disguised as a penny. Everything about the biz is quality + unique. No copycat here
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