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14:09
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Originally posted by BigFin:
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The elephant in the room for RFG is, can they demonstrate they can run these corporate stores profitably. This is the only way that they can provide any confidence to extremely cautious franchisee's and the bankers that would finance them.
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You said that you had access to the financial performance of the corporate-owned stores, are you referring to the current/recent performance or historical performance back in the day? As I understand it, corporate-owned stores are retained only when they are profitable or can be profitable, but this is present anecdote, not historical.
