RFG 4.29% 7.3¢ retail food group limited

I like RFG, page-25

  1. 33,866 Posts.
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    "as stores continue to close leaving RFG with the debt to bottom line of some very big lease agreements "
    Unless the store business is owned by RFG (very few are ) then the the lean on the store lease is secured via a bond the Franchisee has with the leaser so RFG is ringfenced from being involved .
    The bond is normally on the Franchisee's home
    I read the Esquires(use to be part of RFG) contract about 6 years ago , almost bought in with them but fortunately dodged a bullet still bought the business but de branded it with an agreement with RFG .
 
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