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Officiousintermeddle

07/27/19 7:06 PM

#2935 RE: Alvie #2934

Any idea why they quit selling new franchises at $58,000 per?

They dropped back to less than $48,000 a kiosk in June. The only explanation I can think of is that cash flow desperation has led them to accept lower-priced deals if the buyer's deposit doesn't have to be escrowed.

They aren't going to be earnings or cash-flow positive at those prices (unless they start delivering kazillions of kiosks without increasing overhead). They need to step up the price.