The article implied that the combined three stores owned by the franchisee had 30% sales growth across their 3 stores. As an aside click on the link at the end of the article for a story on the Bundaberg (Qld) Michel’s Patisserie franchisee, proving that franchising in the QSR segment is all about people and having the right attitude.
There seems to be a few green shoots in the RFG empire, rejecting an inadequate sale price, in consultation with the bankers is in a perverse way a good signal and evidence, by implication, that something is working.
Whether RFG has the time to recover will depend on bank patience. If RFG was able to stabilise its operations perhaps it could start to attract new franchisees back in. I hope they continue to drive down costs for franchisees as a financially successful franchisee is a happy franchisee.
Cheers.....Daicosisgod
- Forums
- ASX - By Stock
- RFG
- Ann: Update on Asset Sale Process
Ann: Update on Asset Sale Process, page-20
-
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RFG (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.0¢ |
Change
-0.003(4.11%) |
Mkt cap ! $174.4M |
Open | High | Low | Value | Volume |
7.3¢ | 7.3¢ | 6.9¢ | $13.97K | 200.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 101449 | 6.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.1¢ | 14085 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 101449 | 0.069 |
3 | 278143 | 0.068 |
5 | 229854 | 0.067 |
7 | 459018 | 0.066 |
9 | 1228314 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.071 | 14085 | 1 |
0.072 | 278454 | 3 |
0.073 | 1389225 | 7 |
0.074 | 1590650 | 5 |
0.075 | 35100 | 3 |
Last trade - 15.59pm 06/09/2024 (20 minute delay) ? |
Featured News
RFG (ASX) Chart |