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Message
re: Todd Graves worth $7.6 Billion - According to Bloomberg
Posted on 11/17/23 at 6:55 am to Powerman
Posted on 11/17/23 at 6:55 am to Powerman
quote:
They still have a lot of room for growth
They could probably easily add 100 more profitable locations in California alone
Interestingly I heard the CEO of Carl Jr/Hardees speaking and he said were it not for the legacy of Carls starting in Cali.....they would never build another one there when looking at the return on invested capitol.
He said the building codes, operating regs are so onerous to businesses now that its not worth it. As an example, they started specs on one in southern cali and the Red Square, the friggin epicenter of communism with all its bureaucracy.....the one in Red Square is open for business and still working on the one in cali.
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