You would think a McDonald's franchise is a license to print money. Buy for $2M goodwill, run it for 10 years, make some money along the way and then sell for $3M goodwill. Six months after a friend of mine bought a McDonald's franchise, KFC opened 4 doors down the road. His turnover dropped 25%. He will run this one for a lot longer than 10 years. There are no guarantees, even with the assumed "best of the best"
You would think a McDonald's franchise is a license to print...
Add RFG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $171.8M | |||
| Open | High | Low | Value | Volume |
| 6.8¢ | 7.0¢ | 6.7¢ | $397.9K | 5.845M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 208459 | 6.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.0¢ | 668943 | 8 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
|
|||||
|
Last
6.9¢ |
Change
0.000 ( 1.47 %) |
||||
| Open | High | Low | Volume | ||
| 6.8¢ | 6.9¢ | 6.7¢ | 1103909 | ||
| Last updated 15.43pm 02/05/2024 ? | |||||
| RFG (ASX) Chart |