Agreed it looks heady. The beauty of the model is that each new store opening increases revenue and absorbs overhead.
Price may not hold $30.00, but with the Escrow covenants and limited retail stock it gives the company 12 months to open those stores as stated. I think The floor is firmly set at $22.00.
All it has to do is, find a location, fit it out, staff it with kids and Pensioners and off you go. Its a very simple model as heavy weights have done the heavy lifting Since McDonalds' opens its first store in Yagoona in 1971
Ann: Pre-Quotation Statement with various confirmations, page-14
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