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MikeyInTheD

01/02/20 5:39 PM

#244 RE: traderjer #243

Do you think Ansley will focus his attention here or try to start from the ground up with a new concept without balance sheet problems? I know he once believed in Bagger Daves but the concept has really lost its luster and goodwill with customers. They’ve closed almost all locations and the concept seems broken. Everywhere sells craft beer and more seasoned burger-chain operators are struggling. I don’t know that Bagger Daves has a first-mover advantage anymore with craft beer. Red Robin is struggling and they have a bigger footprint and better executives. Why will Bagger Daves succeed? How many locations do they need in order to stabilize the balance sheet and cover fixed corporate overhead?