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#81
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Oh, and since rent/truck leases are included, that lowers my break-even estimate for franchise stores to $40k per week.
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#82
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[ QUOTE ]
Oh, and since rent/truck leases are included, that lowers my break-even estimate for franchise stores to $40k per week. [/ QUOTE ] Do we have any information on how much an average sale is, in a KKD store? ...or put another way, how many customers/month does each store need to be profitable? |
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#83
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[ QUOTE ]
Do we have any information on how much an average sale is, in a KKD store? [/ QUOTE ] Last quarter was somewhere in the mid-$40k per week range. Supposedly their largest franchisee is at $43k per week. |
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#84
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#85
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Tomorrow they will release their 2004 financials (FY 2005), probably after market close. This will likely tell the tale for my may options.
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#86
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DesertCat,
Dont know they have to file taxes ever year? Cant you get ahold of their tax return somehow? |
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#87
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[ QUOTE ]
DesertCat, Dont know they have to file taxes ever year? Cant you get ahold of their tax return somehow? [/ QUOTE ] I don't think so, I believe the IRS isn't allowed to disclose returns, either personal or company. And I'm assuming the same is true of state authorities. |
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#88
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I love how laws have helped to make accounting more transparent. May 2006 we find out how their January 2005 went?
Edit Jan 2004??? |
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#89
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[ QUOTE ]
I love how laws have helped to make accounting more transparent. May 2006 we find out how their January 2005 went? Edit Jan 2004??? [/ QUOTE ] Correct. They released calendar year 04 after close today, I'm digging through it now (303 pages!). One interesting side-note is that the NYSE announced before close that it was "unlikley" they would be giving any more extensions to KKD. I'm assuming this means the delisting process has started. |
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#90
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[ QUOTE ]
[ QUOTE ] I love how laws have helped to make accounting more transparent. May 2006 we find out how their January 2005 went? Edit Jan 2004??? [/ QUOTE ] Correct. They released calendar year 04 after close today, I'm digging through it now (303 pages!). One interesting side-note is that the NYSE announced before close that it was "unlikley" they would be giving any more extensions to KKD. I'm assuming this means the delisting process has started. [/ QUOTE ] Any good info, are they as screwed as you hope they are? |
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