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dealerschool2006

04/30/23 8:12 PM

#342884 RE: shajandr #342883

$FUNN Q & A site...


Many companies are embracing the franchise concept. S&L has a wonderful brand recognition and would be ideal. Has this been discussed as a possible path forward for faster growth?

Definitely. The critical key for franchising is showing a strong P&L per location, with Net Profit and Positive EBITDA. To get franchising going in the US, we needed to have proof of concept in the US; our Canada based locations data cannot be considered. This again goes back to our current corporate focus.



there is another explanation in one of the other Q&As on this page:

https://www.snakesandlattes.com/shareholders-faq
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