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Thread: Burgerfuel

  1. #21
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    quote:

    FG, if the franchise deal was good, why are you not in?
    because am more tyre kicker than genuine buyer.


  2. #22
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    quote:
    ANSEWER, because he is a GOAT.. [8D]
    BRICKHEAD, don't give up your day job.

  3. #23
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    quote:Originally posted by Flying Goat

    quote:

    FG, if the franchise deal was good, why are you not in?
    because am more tyre kicker than genuine buyer.

    YOU are a GOAT as you tried to infer you where big time buyer only to confess to be a LOOKER.. [8D]

  4. #24
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    quote:Originally posted by CJ

    The thing I dont understand about this investment is what they need the money for. My understanding of the franchise situation is that the franchisee pays for everything (shop fit out, advertising, percentage of sales), the franchisor just rakes it in (ie, all their costs are effectively paid by the shop owners - the percentage of sales should more than cover head office costs). What am I missing.

    Top burgers by the way, love the Bastardo.
    What are you missing? You're missing the big picture, mate (It's a great opportunity for two guys and their advisors to pull 20 mil, that's the big picture)

  5. #25
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    Yeah 7 million more than hell

  6. #26
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    quote:Originally posted by DCski13

    quote:Originally posted by CJ

    The thing I dont understand about this investment is what they need the money for. My understanding of the franchise situation is that the franchisee pays for everything (shop fit out, advertising, percentage of sales), the franchisor just rakes it in (ie, all their costs are effectively paid by the shop owners - the percentage of sales should more than cover head office costs). What am I missing.

    Top burgers by the way, love the Bastardo.
    What are you missing? You're missing the big picture, mate (It's a great opportunity for two guys and their advisors to pull 20 mil, that's the big picture)
    I understand that in that it is similar to 42 below, but in 42 belows case they actually needed the cash, in this case, it appears to be a simple cashing out. Since the company doesn't need the cash, it suggests they aren't sure the expansion will go as planned so they better at least get some cash out first.

    Are they selling existing shares (cash goes to them) or new shares (cash goes to company - which they will no doubt take out in big salary/consultants fees)
    Free delivery worldwide with Book Depository http://www.bookdepository.co.uk

  7. #27
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    [/quote]
    Are they selling existing shares (cash goes to them) or new shares (cash goes to company - which they will no doubt take out in big salary/consultants fees)
    [/quote]



    Hey CJ. There's No difference! (So where did you get your degree, The Open Polytech or Otago Polytechnic?)

  8. #28
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    quote:Originally posted by DCski13
    Are they selling existing shares (cash goes to them) or new shares (cash goes to company - which they will no doubt take out in big salary/consultants fees)
    [/quote]



    Hey CJ. There's No difference! (So where did you get your degree, The Open Polytech or Otago Polytechnic?)
    [/quote]

    Mr DCski you don't want to show of to MUCH these statements have a habit of back firing.. [8D]

  9. #29
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    Gee Bricks, that's the smartest thing I can recall you ever saying.

    Reminds me of back when I did a few years as a lawnmowing contractor, I was having a chat with some "kid" who was studying commerce at university, I told him "...Yes, I have a commerce degree, so if you study hard enough, you too, may get to mow lawns in the future"

  10. #30
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    quote:Originally posted by kura

    Gee Bricks, that's the smartest thing I can recall you ever saying.

    Reminds me of back when I did a few years as a lawn mowing contractor, I was having a chat with some "kid" who was studying commerce at university, I told him "...Yes, I have a commerce degree, so if you study hard enough, you too, may get to mow lawns in the future"
    ARE you still mowing lawns or you have moved on and up interesting.. [8D]

  11. #31
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    quote:Originally posted by BRICKS

    Mr DCski you don't want to show of to MUCH these statements have a habit of back firing.. [8D]

    The grass is green. The sky is blue

  12. #32
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    Still do the odd lawn, but if I earn too much, the nasty people at WINZ will reduce my benefit.

  13. #33
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    quote:Originally posted by kura

    Still do the odd lawn, but if I earn too much, the nasty people at WINZ will reduce my benefit.
    Thats the attitude...

  14. #34
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    quote:Originally posted by DCski13

    quote:
    Are they selling existing shares (cash goes to them) or new shares (cash goes to company)
    Hey CJ. There's No difference! (So where did you get your degree, The Open Polytech or Otago Polytechnic?)
    One the cash goes to the company (company has additional cash to spend), one it goes to the shareholder (company has no additional money to spend). Is that not different.

    (I bought mine over the internet - as if I am going to waste 3-5 years not getting paid)
    Free delivery worldwide with Book Depository http://www.bookdepository.co.uk

  15. #35
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    I was in sydney two weeks ago they have one opening in the cross
    I don't bloody believe it

  16. #36
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    quote:Originally posted by Scuffer

    I was in sydney two weeks ago they have one opening in the cross
    SILLY little Scuffer .. [8D]

  17. #37
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    quote:Originally posted by Scuffer

    I was in sydney two weeks ago they have one opening in the cross
    Is that all you indulged in at the cross? There are a few "poorly packed kebab" places on the cross aren't there?[]



    Sorry. *picks up bag and leaves*

  18. #38
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    quote:Originally posted by CJ

    quote:Originally posted by DCski13

    quote:
    Are they selling existing shares (cash goes to them) or new shares (cash goes to company)
    Hey CJ. There's No difference! (So where did you get your degree, The Open Polytech or Otago Polytechnic?)
    One the cash goes to the company (company has additional cash to spend), one it goes to the shareholder (company has no additional money to spend). Is that not different.

    (I bought mine over the internet - as if I am going to waste 3-5 years not getting paid)
    Ok, I concede I lost the plot in explaining that one very well... guess it goes like this.(I'll go down the company line)...the company issues shares and receives the cash .... and then the cash ends up with the founders after everything else has been deducted (advertising and promotion, corporate salaries, founders remuneration and incidental HO expenses)

  19. #39
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    It was a fair enough question, a few years ago there was 2 companies having an IPO about the same time, one was merely the existing owners wanting out, the other wanted the funds to expand the bizz (I put some dollars down on the latter company that wanted to grow)

    The first company was FTX, the second PPL (need I say more)

  20. #40
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    Albeit franchisees stump up a lot/all of the cash when opening a new site, opening up in new markets is an entirely different situation. In fact, franchisors can often can take years to make money in a new market. Both Subway & McD's are a case in point. Neither organisation made decent returns until they had reached a critical mass in the NZ market - no small feat.
    When opening up in a new market there is a lot of infrastructure to set up. e.g. supply chain,site construction, Head office support etc etc. Then of course there is the marketing. Getting say 3-6% advertising levy of a couple initial sites is just not going to cut the mustard as far as growing a brand in a market QUICKLY.
    Of course we are yet to see the prospectus, but based on the PR that has been released to date re BF, it seems to be clear that the owners are wanting to expand, rather than "get out" (at least for the medium term!).
    Success is a journey AND a destination!

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