Replies to post #60661 on Bravada International Ltd (BRAV)

[steveooo]

I AGREE! GOOD POST TAKI

[PhilipDrummond]

Did you miss the part about $20k + days? Sure there will be dilution. Manageable no doubt. .

[PaddyOmalley]

So he wouldnt even think that franchising as an option I suppose......

[growthstocks]

That will happen gradually, Stores will then make $2,700,000 a month at a conservative starting rate of $6000 a day, with a difference in sales:cost of stores of +$2,400,000 a month, 66% gross profit, thats $1,584,000 extra in gross profit per month.


15 stores x 5100/mo rent = $76,500 + payroll, electricity, food, lunch, utility, travel, carpentry, repair, security, etc = ~$300K
15 stores x 6000/day x 30 days =$2,700,000

[password1]

I disagree. You need to be aggressive to take advantage of the product life cycle. This seems to be fad happening that they want to capitalize on and take as much market share first before anyone else does. This is a simple turn key operation so the overhead will be low compared to other types of retail outlets. Name recognition is key and exposure is the only way to do it. Stores will exponentially assist online sales which we know is the bread and butter.

[Sharkey]

I agree with Taki. Growth is great, but it has to be at a reasonable rate. There have been countless franchises and retailers that were fantastic businesses that don't exist anymore because their owners tried to expand to quickly. One mistake and it is game over. If you do it at a slower rate, mistakes can be made because you have cash to overcome them.