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
6.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $166.9M |
Open | High | Low | Value | Volume |
6.6¢ | 6.7¢ | 6.6¢ | $125.9K | 1.908M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 347939 | 6.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.7¢ | 112907 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 347939 | 0.066 |
3 | 256163 | 0.065 |
6 | 1085266 | 0.064 |
5 | 125714 | 0.063 |
2 | 78612 | 0.062 |
Price($) | Vol. | No. |
---|---|---|
0.067 | 112907 | 2 |
0.068 | 222625 | 4 |
0.069 | 617565 | 5 |
0.070 | 711423 | 13 |
0.071 | 37502 | 2 |
Last trade - 15.59pm 02/10/2024 (20 minute delay) ? |
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