A senior manager has become a franchisee.....
A great sigh:buying stores at 5-6x EBDITA,5-10% of Chipotle(per store price,MC-based),IN THE $$$$$$$$$$$$$ investment.......buying WEN 2015 Jan $10.0 would be a good choice.
PS-Visited Wendy's on Vermont Ave in Hollywood and around dinner time,this store is a bit old and in an tough neighborhood,but the traffic is good with 35%+ people under 30.
PS2-The new COO was developer of Wendy's international operation,a lynch pin needed NOW to REVAMP the program quickly,with a new OLD FART working with oversea OLD FARTS!I smell $$$$$$$$$$ as YUM's and MD store formats becomes places of OLD FARTS........world is Wendy's oyster!!