On their knees for ole Frankie

Originally Posted by Scav

You should get the scratch and franchise one, they do those all over

It is alot of money to get a restaurant franchise like that. We lost on the bidding for a cereal bar chain store. We are now trying to get a restaurant First Watch.

[Scav]

Originally Posted by eurobounce

It is alot of money to get a restaurant franchise like that. We lost on the bidding for a cereal bar chain store. We are now trying to get a restaurant First Watch.

it isn't that bad for BWW.

I know that Fatburger wants 1 million up front to start one of their stores....

Originally Posted by Scav

it isn't that bad for BWW.

I know that Fatburger wants 1 million up front to start one of their stores....

Restaurant is tricky and hard for me to really grasp. Sometimes you have to buy the rights to multiple stores, sometimes you have to agree to open X amount of stores in a certain amount of time. I really dont want a career in the restuarant world. I want to buy one and then sell it back when the value is the highest.

[Scav]

Originally Posted by eurobounce

Restaurant is tricky and hard for me to really grasp. Sometimes you have to buy the rights to multiple stores, sometimes you have to agree to open X amount of stores in a certain amount of time. I really dont want a career in the restuarant world. I want to buy one and then sell it back when the value is the highest.

Mace, I think that 2 million gets you like 10 stores though. I know the one where I live, the owner had to agree to put in 5 stores, at least 20 miles apart from each other or something crazy like that.

Originally Posted by Scav

Mace, I think that 2 million gets you like 10 stores though. I know the one where I live, the owner had to agree to put in 5 stores, at least 20 miles apart from each other or something crazy like that.

That is the thing, why would you want 5 stores in a 20 mile radius. Franchising is difficult.

[Scav]

Originally Posted by eurobounce

That is the thing, why would you want 5 stores in a 20 mile radius. Franchising is difficult.

not radius...20 miles APART....>i have a like three Walgreens to choose from within a 1 mile radius, and about 4 McDonalds within a 2 mile radius here....

[SentToStud]

I wish they had more green areas at Gulfstream too and they've admitted making mistakes with the paddock/walking ring area and lack of grandstand seating. Supposedly they've taken steps to ameliorate those two problems. We'll see.

But I actually admire the business model. They made it clear from the start that Gulf would be a handle-driven track and not attendance-driven. They will suffer modestly on the 4-5 big days but how can you fault them for not building a huge grandstand? Those days are over, save the dozen or so big days for the TC, BC, etc.... It makes no sense to use your resources to bulid a 20,000 seat grandstand that's almost never needed.

Business is cooking at the place and purses will be up 18% vs last year. In the meantime there are a half dozen nice restaurants there and there was even a boxing card yesterday evening.