WOW MountainMan,,,,that is cool,,,,,congratulations and good luck to you,,,we all are hoping for your deal to come to fruition,,,, And that someone is dedicated to the expansion division is awesome news,,,
That is awesome MM! This train is gaining speed. I'm really excited that making Snakes and Lattes a household name in the US is underway! Good luck! Let's do this!
Congrats MM...I hope it works out for you. A new person in charge of franchising will no doubt be good.
Lots of prime locations in the SE USA. I think Atlanta could support several (I just know it best from living there 25 years). Right downtown by Georgia Tech campus, Alpharetta, Marietta, Dunwoody, Right by Dave & Busters (LOL). Lots to choose from.
The funny thing is, it truly IS great news, PR level newsworthy NEWS
How many stocks would love to be able to send out a PR 'We are pleased to announce we have completed the initial screening of applicants and have sent out letters of intent to continue forward in the franchise process'
I personally love they had not even announced this initiative all that long ago, received a huge response quickly and organized a team to get the process going. It may not seem like it to some, but this is moving forward at an aggressive rate.
I also like when applicants first applied, there were rejection letters! I appreciate they want to ensure the folks who will receive the franchise agreement also have everything needed to create a successful franchise.
This among many other things, is more continued evidence of the direction AMFE is headed.
Looking forward, so much is coming. So much evidence of the successful path this is on lead by successful management Having spent closer to 3 decades in Silicon Valley start ups amongst the smartest, brightest people and highest tech in the world, easy for me to say AMFE is on a path to success. I know what it takes to build and sustain a successful company, I also know the time and effort building a REAL company of REAL value takes. Hint: it is always LONGER than anyone likes, ALWAYS. BUT in the end, the highest rewards go to the patient coupled with those who understand what they are invested in.
Thats why I always say: Go do your due diligence, focus forward and
I too was contacted by snakes after sending an email inquiry months ago. Without divulging more than I should let’s just say that the franchising arm of snakes got MUCH stronger recently and I think MANY new locations will be announced before the eoy. Updates are probably backlogged behind the audit. At some point he might have to waste some ammo to stop he bleeding, unless it’s close to being done imo!
All I know is it’s going to get very exciting after the audit is filed and we find out what all has been happening! Got my bid in. Will continue to soak up cheap shares until the tides turn! It’s gotta happen sooner or later. Got some confirmation that it’s getting close but take that for what it is;)
Also if anyone in Portland is interested in investing/partnering in a location PM me!
GREAT POST MountainMan...Reposting-for-more-to-see:
"Today I received a letter from the US expansion team at Snakes and Lattes. Looks like they finally want to talk with me about a deal for the southeast and they are ready to move forward. I know some others have received the same letter. They have finally put someone over handling these franchise inquires and are moving on all cylinders. They went on to say they are open to franchises all over the US and there is a new contact person to reach out to.
This is big IMO and we are going to start seeing expansion happen much faster all over the country."