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re: Chick-Fil-A Operator Income

Posted on 3/20/17 at 8:47 pm to
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10229 posts
Posted on 3/20/17 at 8:47 pm to
I didn't trade it. I've owned since the IPO and sold some off. I'll buy it back eventually. A profit isn't a profit unless you take it. I took some profit.

Good catch on the options behavior. You're an interesting dude, and many times I pay attention to your trades.

Bnaccarat, we need to play some baccarat sometime. Say hi to Pucci for me. I'm going back aftwr the 1st. I need to get through payroll, taxes and some other crap first. If it's warm in AC, I might go there.
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72432 posts
Posted on 3/20/17 at 8:55 pm to
cool deal. I was simply curious. thanks for posting.
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72432 posts
Posted on 3/20/17 at 9:05 pm to
quote:

There's some more toys in the garage too if you need those as well


nope. I only asked for pics you said you posted before that I missed. that's all.

quote:

and from the stock thread last week you know i killed it with my WYNN call and it rose 15% in the following days so who knows maybe ill add something else


nope. I know no such thing. Didn't ask about that,at least i do not recall, but thanks for letting us know now.
Posted by Jorts R Us
Member since Aug 2013
14786 posts
Posted on 3/21/17 at 5:14 am to
I just posted to ask if dabigfella has admitted to misunderstanding the OP from the very first response in this thread yet?
Posted by Lsut81
Member since Jun 2005
80087 posts
Posted on 3/21/17 at 6:24 am to
quote:

The one by me off 59 has 2 drive thru lines packed all day, I'd say $200k a month wouldn't be out of the question



I've heard that location outside of the Galleria on Richmond is the highest volume in the country.... Don't know if there is any truth to it or not.

But I know for a fact there was an article a while back that Houston has a few of the top 10 highest grossing in the company, so I don't think the above statement would be far fetched.
Posted by GaryMyMan
Shreveport
Member since May 2007
13498 posts
Posted on 3/21/17 at 8:44 am to
quote:

What's the benefit of renting those cars rather than owning them? Serious question.

Leasing is the only way to go with new cars in that price range. Let's say you pay cash for one... what happens in 3 years when you want a new one? You can't put it on Craigslist and the dealer is going to murder you on trade-in. Might as well lease, keep your opportunity costs low, and give it back in 2-3 years. No one who can afford a new one wants to be driving a 6 or 8 year old Rolls/Bentley.

As to the OP: whatever profits you make from a Chic-Fil-A aren't worth joining the cult. They interview your pastor (almost typed Priest!) and your fellow church members. Not to mention the insane hours - I bet you'd be hard pressed to find an operator who spends less than 60hrs/week in his store.
This post was edited on 3/21/17 at 9:39 am
Posted by hiltacular
NYC
Member since Jan 2011
19665 posts
Posted on 3/21/17 at 9:10 am to
Came into this thread looking for CFA discussion, instead I see pics of dabigfellas RR

never change TD
Posted by notiger1997
Metairie
Member since May 2009
58088 posts
Posted on 3/21/17 at 9:22 am to
You can call it a cult all you want, but whatever they are doing works. They are by far the best fast food entity out there
Posted by GaryMyMan
Shreveport
Member since May 2007
13498 posts
Posted on 3/21/17 at 9:30 am to
quote:

You can call it a cult all you want, but whatever they are doing works.

Of course it is. There is no shortage of dorky, hard-working, middle-manager types filling the pews at Baptist churches every Sunday and Wednesday.

After it's all said and done they'll be on their way to making $80/hour - provided they only work 60 per week, which is likely low. I wouldn't uproot my family for a few years, toiling away at some random Chic Fil A for that end-goal. But plenty do, because it is a cult.
Posted by notiger1997
Metairie
Member since May 2009
58088 posts
Posted on 3/21/17 at 9:37 am to
Well me neither. I just don't want them to change anything and screw up the great product.
Posted by AUjim
America
Member since Dec 2012
3662 posts
Posted on 3/21/17 at 9:45 am to
quote:

because it is a cult


Ok. I'll bite.

You think because someone devotes their professional pursuits to a business model that encourages going above and beyond to serve people with respect and does everything they can to show that they genuinely appreciate their customers, they must be a dorky baptist in a cult....

Ok. Sounds good.
Posted by dabigfella
Member since Mar 2016
6687 posts
Posted on 3/21/17 at 9:54 am to
Well Jim considering all religion is silly for starters, its ridiculous to shut a business down 52 days a year for religious reasons. It doesn't bother me as a customer bc I can go elsewhere but personally religion is a personal thing, you don't have to shower the rest of us with your beliefs. Me personally, I believe there is a god, but I dont believe in any organized religions bc they're basically all cults, not to burst you christians bubbles, but the jesus story played out in multiple religions pre-christianity, don't believe me, look up osiris for starters. Anyways congrats to chick fil a, they clearly do well, have an interesting franchisee model, but still no sense in taking 52 days a year off for a religion nobody has ever proven to be real based on the potential non-existence of the main character.
Posted by StringedInstruments
Member since Oct 2013
18313 posts
Posted on 3/21/17 at 9:56 am to
quote:


Owners are discouraged from operating more than one franchise.


I know a guy pretty well that operates multiple locations in Auburn, AL. It's not impossible to have more than one. He drives a ridiculous vehicle and can be found at the Piccolo listening to jazz with his OT 9.9 wife on the weekends.

He and I talked about it some and he said that there are so many investors wanting to jump at prime locations for a franchise that it's almost impossible for anyone new to get involved. It's why he was looking outside of the US for investment opportunities for Chick Fil A franchises.
Posted by GaryMyMan
Shreveport
Member since May 2007
13498 posts
Posted on 3/21/17 at 10:04 am to
quote:

You think because someone devotes their professional pursuits to a business model that encourages going above and beyond to serve people with respect and does everything they can to show that they genuinely appreciate their customers, they must be a dorky baptist in a cult....

No, I think they are dorky Baptists who are willing to be in a cult for $200k/year because they are dorky Baptists who are willing to be in a cult.
quote:

Chick-fil-A founder and chairman S. Truett Cathy prefers franchise operators who are married and requires all candidates to be open about the state of their relationship. One-third of all Chick-fil-A operators have attended Christian relationship-building retreats at the urging of the company.

This is not normal for an employer to urge.

This post was edited on 3/21/17 at 10:06 am
Posted by AUjim
America
Member since Dec 2012
3662 posts
Posted on 3/21/17 at 10:08 am to
My point had absolutely nothing to do with religion.


Point is: just because a guy wants to work for a place with a business model that builds its identity on something that is not exclusively a christian value, but a basic human value of treating people with respect, AND then letting the profits flow, he is automatically judged by Senor Gary and you evidently to be a dorky baptist.



Posted by dabigfella
Member since Mar 2016
6687 posts
Posted on 3/21/17 at 10:09 am to
you're right, it is a wingnut business. I support Trump, but the far right is just as bad as the far left. Requiring religious training before you got a frozen chicken franchise is a bit much but we gotta make sure we pray the gay away before we give these guys a good job.
Posted by barry
Location, Location, Location
Member since Aug 2006
50336 posts
Posted on 3/21/17 at 10:13 am to
quote:

But I know for a fact there was an article a while back that Houston has a few of the top 10 highest grossing in the company, so I don't think the above statement would be far fetched.


yea thats due to me and my family
Posted by GaryMyMan
Shreveport
Member since May 2007
13498 posts
Posted on 3/21/17 at 10:13 am to
quote:

My point had absolutely nothing to do with religion.


Point is: just because a guy wants to work for a place with a business model that builds its identity on something that is not exclusively a christian value, but a basic human value of treating people with respect, AND then letting the profits flow, he is automatically judged by Senor Gary and you evidently to be a dorky baptist.


Well then let's talk about Raising Cane's, another franchise that has work requirements for prospective franchisees and good hiring practices. You cannot discuss Chic Fil A without discussing Christianity. They interview your family and your pastor - this is all public knowledge. It's not about putting in long hours or treating people with respect or buying into a well-running corporate culture.
This post was edited on 3/21/17 at 10:15 am
Posted by dabigfella
Member since Mar 2016
6687 posts
Posted on 3/21/17 at 10:16 am to
so I take it no pakistani muslim chic fil a franchisees???? LOL
Posted by Eric Nies Grind Time
Atlanta GA - ITP
Member since Sep 2012
24932 posts
Posted on 3/21/17 at 10:19 am to
quote:

One-third of all Chick-fil-A operators have attended Christian relationship-building retreats at the urging of the company.


They have cabins set up on the Berry University campus for that.
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