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re: Todd Graves worth $7.6 Billion - According to Bloomberg
Posted on 11/16/23 at 6:44 pm to Rendevoustavern
Posted on 11/16/23 at 6:44 pm to Rendevoustavern
Anybody know the origin of Bailey's? At the time, I would have bet they would be the one to succeed.
1
Posted on 11/16/23 at 6:45 pm to Penrod
He did franchise a few locations at the beginning to scale and fund the growth. He bought most of those franchisees out a while ago and has been pushing to buy the remaining out.
Posted on 11/16/23 at 6:55 pm to jcaz
quote:
Here’s to hoping canes stays the course and doesn’t turn into a McDonalds or BK.
It must be really hard to stay the course when scaling up, becuase outside of Chick Fil A and In n Out Burger- i cant think of a single fast food restaurant that hasn’t become terrible…. I can remember in the late 1980s (yes i am ancient) when Subway was so, so good for a slightly higher-tier fast food place… the last time i went into a Subway, circa 15 yrs ago, it was utter crap.. and In n Out hasn’t even gone full national yet, only to TX, but that’s changing soon i believe .
Posted on 11/16/23 at 6:57 pm to Rendevoustavern
quote:
There are also millions of ideas that professors said were bad ideas
Those who can.... Do.
Those who can't...Teach.
Posted on 11/16/23 at 7:03 pm to Duck
No ranch, can't get them in buffalo, tiny... Overrated. Foosackly's is much better.
Posted on 11/16/23 at 7:11 pm to AUbagman
If this is true then the jewelry guy should be worth 10 billion by now.
Posted on 11/16/23 at 7:26 pm to Volvagia
quote:
With it being a private company they also own all the real estate so there’s that equity to add to the evaluation. So if you are publically traded, you have to lease?
No, you guys didn’t see what I replied to. The poster said his net worth was only related to his companies revenue.
Of course he doesn’t own all the real estate or at least likely doesn’t, idk. But my point was that his net worth includes the value of real estate his company owns PLUS the sales/ revenue of the business.
Not all companies own a lot of real estate and some none at all. So that portion of the business value should be strongly considered.
This post was edited on 11/16/23 at 7:31 pm
Posted on 11/16/23 at 7:27 pm to Duck
Well, I hope he buys the Saints.
Posted on 11/16/23 at 7:35 pm to Duck
Some of yall can’t read.
quote:
That stake, along with dividends he’s received, are worth $7.6 billion,
Posted on 11/16/23 at 7:42 pm to Duck
Chicken Fingers for the Win
Posted on 11/16/23 at 7:44 pm to Duck
3.3 bil is sales doesnt = 7.6 billion in worth.
He’s also not the sole owner. He’s a multi millionaire but not billionaire
He’s also not the sole owner. He’s a multi millionaire but not billionaire
Posted on 11/16/23 at 7:47 pm to 225Tyga
quote:
3.3 bil is sales doesnt = 7.6 billion in worth. He’s also not the sole owner. He’s a multi millionaire but not billionaire
Thank you!
Some people are so stupid
He’s not even the closest to being the richest person in Louisiana and anyone that believes that is a retard
Posted on 11/16/23 at 8:13 pm to Duck
quote:
Todd Graves worth $7.6 Billion
He can afford larger pieces of chicken
Posted on 11/16/23 at 8:17 pm to Duck
It’s irritating to deal with the cars lined up down the street waiting in line for the drive-through.
Posted on 11/16/23 at 9:31 pm to bkhrph
Why do they report this. They said he is richer than Gayle Benson with their valuations. They said she was only worth 4.7 billion. The Washington Commanders just sold for over $6 bil. So I imagine just the Saints alone are worth more than $4.7 billion.
Posted on 11/16/23 at 9:47 pm to LSUgusto
quote:
Anybody know the origin of Bailey's? At the time, I would have bet they would be the one to succeed.
They bought an old Fast Track restaurant and started selling chicken. No branding, no marketing. I liked Bailey's but obviously the growth plan was not there.
Posted on 11/16/23 at 9:57 pm to 225Tyga
quote:
3.3 bil is sales doesnt = 7.6 billion in worth. He’s also not the sole owner. He’s a multi millionaire but not billionaire
He owns 90% and business is making $600mil/yr in adjusted earnings. 3.3 bil doesn’t matter, the profits are what matters and he’s most certainly a billionaire and I’d argue depending on the real estate structure he could be worth well north of the $7bil figure. Typical location is probably $2-3mil value real estate wise, most are being built in prime locations, high quality suburban areas.
He could easily have created several hundred million in value by doing all company stores, keeping development in house and building efficiently in a rising market.
The story doesn’t give all the details but it does say the company has distributed approx $180mil to shareholders in the past 3 years.
Posted on 11/16/23 at 10:02 pm to Duck
Does he still live in same house near LSU with the treehouse (or had a big treehouse built at one point?
Posted on 11/16/23 at 10:03 pm to dallastigers
Yes
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