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re: Popeyes' Cajun rice

Posted on 7/30/16 at 5:34 pm to
Posted by GynoSandberg
Member since Jan 2006
72000 posts
Posted on 7/30/16 at 5:34 pm to
My numbers arent exact, just know it represents a discount compared to the annual royalites under the old deal
Posted by Stadium Rat
Metairie
Member since Jul 2004
9543 posts
Posted on 7/30/16 at 6:23 pm to
quote:

My numbers arent exact, just know it represents a discount compared to the annual royalites under the old deal
No way it's a discount. They overpaid at least $10 mill. I have a finance degree and I'd take over $40+ million today in a heartbeat over $3.1 mill a year for 13 years. Have you ever looked at lottery payouts? If you take the cash option, you get about half what you would get over 30 years. And that's only at about 3% interest rate.

They paid extra so they could change the spices now and save money, or at least they wouldn't have to renegotiate with Diversified 13 years from now. They need to cut costs ASAP!
Posted by TigerBait2008
Boulder,CO
Member since Jun 2008
32403 posts
Posted on 7/30/16 at 9:01 pm to
quote:

but the girl at the window said they already made my order and wouldnt change it for me.



Yeah, I'll call bullshite.


Posted by Lester Earl
Member since Nov 2003
278287 posts
Posted on 7/30/16 at 10:42 pm to
quote:

GynoSandberg



Posted by Rouge
Floston Paradise
Member since Oct 2004
136798 posts
Posted on 7/30/16 at 10:46 pm to
Nerdiest Popeyes conversation I've heard in a long time
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