BR currently has around 94 stores after opening 12 stores in 2009 . Growth in revenue on a per store basis for 2009 was up 6.2% which wasnt too bad considering the GFC. Store on store sales for the first quarter of the current financial year are performing very well and up 12.9% .
Allied planning on opening another 12 to 15 BR stores this year with the majority to be combo BR/CM (cookie man) stores as these stores are achieving sales growth of 30%+.
Unable to find any comments made by Allied on any documents with regarding any frachise legal action. Some unsuccessful franchise owners are always going to blame everyone but themselves.
ABQ Price at posting:
$2.10 Sentiment: Hold Disclosure: Held