The problem is rentability for the individual franchise... it will only work if each square inch of the business is totally optimal to obtain rentability and 99% customer satisfaction... it takes a long time to make a concept great and eventually even greater with a good profitability... RFG has 7 - 8 different concepts that are weak, it is almost impossible to get them all on top of their sector as it stands today... i rather have 1 brand that works efficient then 7 who are logistical nightmarres such as the ones of RFG. At current price each brand is worth 10 - 15 m$ thats ridiculous.
There will be no other option then eliminate (sell) the worst brands and concentrate on 1 to 3 concepts... The retail market will only become more competitive in the nearby future and retailers will fight for every $ that is spent. Only the best product / service / price / organisation will survive. By now we all know that RFG was a selling franchise factory... too much resources went in this area of the business... NORMALLY A FRANCHISE SELL IS THE DIRECT CONSEQUENCE OF A SUCCESFUL BUSINESS and franchisors should actually be in a position to reject 3 out of 4 candidates, just to make sure to deal with the right partners. No franchisor should ever make a marketing campain to find a franchisee... only a small mention on the site... the first steps should come from the possible candidate... which should be screened by the franchisor in a very efficient way.
Dominos, Mcdonalds, Dunkin,... are leaders but their succes is in the little details that makes them better then their competitors ...
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Last
7.4¢ |
Change
0.002(2.78%) |
Mkt cap ! $184.2M |
Open | High | Low | Value | Volume |
7.2¢ | 7.4¢ | 7.2¢ | $82.48K | 1.128M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 497825 | 7.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.5¢ | 218440 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 497825 | 0.073 |
4 | 206452 | 0.072 |
3 | 310134 | 0.071 |
4 | 417187 | 0.070 |
1 | 14492 | 0.069 |
Price($) | Vol. | No. |
---|---|---|
0.075 | 218440 | 3 |
0.076 | 178850 | 3 |
0.077 | 221394 | 6 |
0.078 | 99150 | 4 |
0.079 | 825738 | 3 |
Last trade - 15.59pm 19/08/2024 (20 minute delay) ? |
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