They should close Chicago, Provo, and at least 1 Toronto Cafe
There's a reason why CAH was willing to sell that Dream Flagship Cafe. They were losing money and knew nothing about restaurant biz. They sold it to FUNN; who also don't know much about restaurant biz.
FUNN's current business model for expansion; aka, buying/acquiring money losing entities is a very, very BAD model of expansion - primarily because FUNN Execs don't know how to valuate a company - and turn it around to being positive net profitable.
FUNN has NEVER turned ANY money losing entity and turned it to being positive net profitable.
FUNN has NEVER created a business and been positive net profitable for ANYTHING. EVER.
Given a great opportunity w/ S&L cafe - their golden ticket - and, imo - have royally F***ed up.
IMO, the only hope FUNN has is if they can be approved for a 5 year loan that covers:
a CEO that has restaurant and franchising experience
accounting services
5 years of auditing
Hire commissioned salespeople
sell franchises in the USA