It would be a good thing when VA Beach closes permanently
getting rid of a money losing pit is a good thing....
Maybe ChiTown is next? That kind of a site belongs at a place like DisneyWorld where they have 50,000 guests a day.
BenDodger should be focused on bringing the "strongest" performing sites and getting rid of the biggest money losing sites where they already know will NEVER be positive net profitable.
They should close down at least 1 of the 3 cafes in Toronto down - and "drive" the customers to the two other locations - to have greater demand than supply.
Being able to duplicate positive net profitability is the step towards franchising.
FUNN has very limited choices at this point, with the inability to raise cash via private warrants, inability to get loans due to bad credit...or issuing a billion common shares which will result in dilution of current pps.
Can they even run a profitable operation at this point? It seems like they're pretty much losing money everywhere and don't have enough coming in to cover debts in several of these locations. And if they pull the same shit they just did with Virginia Beach in doing so they're gonna end up getting a lot more negative press than they are now. Virginia Beach is a shit show due to the absolute incompetence by Susan and others, I can't imagine they'll handle Tucson or Chicago any better. They've lost any local support in Virginia as it stands, I don't see them reopening successfully there. But the bills are still due at that site. How much more are they going to bleed and then hit national or international news doing the same at other locations?
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