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re: Canes kids meal, a toast, and 3 finger combo $20
Posted on 12/21/23 at 8:14 pm to AbitaFan08
Posted on 12/21/23 at 8:14 pm to AbitaFan08
That is what the canes brand is valued at, he doesn’t have that kind of cash, but he owns 90% of canes
Projected growth of 100 stores a year is part of that valuation, he isnt worth that but he could prolly sell it for close to that, it truly is an amazing business story
He sold 10% of company for 500 mill
They do $700mm in sales a year, at 15% profit
He holds virtually no debt considering his size, and he is just starting out in franchising.
He’s probably made a billion in profit over past 20 years
Projected growth of 100 stores a year is part of that valuation, he isnt worth that but he could prolly sell it for close to that, it truly is an amazing business story
He sold 10% of company for 500 mill
They do $700mm in sales a year, at 15% profit
He holds virtually no debt considering his size, and he is just starting out in franchising.
He’s probably made a billion in profit over past 20 years
This post was edited on 12/21/23 at 8:17 pm
Posted on 12/21/23 at 10:03 pm to tgrbaitn08
Holy shite who cares?
The point of the response is a regional fast food chain went national (and international) for money.
The point of the response is a regional fast food chain went national (and international) for money.
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