SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: reaper who wrote (141290)1/2/2002 1:07:44 PM
From: marginmike  Read Replies (1) of 436258
 
Cake's business plan is to go into dying malls and revive them. They negotiate sweatheart leases with malls that are on the verge of collapse, often paying almost no REnt. They are a point of destination, and Ive never been to a Cake that didnt have a 40m-1h wait. So even if their business slowed 10-20% they would still do OK and would be able to expand more rapidly. I own a resteraunt, and I wouldnt own a Resteraunt stock if you gave it to me. I had a guy who worked for me that was an Ex-GM of an early CAKE store. The MGMT there is pretty smart, and they could grow 20% a year through expansion easily. This is the exception not the rule for resteraunts. There bigest problem IMHO is someone knocking off their concept. There is already a knockoff in MIAMI with 1(2 others planned) stores. I think Cake needs to ramp up if anything and open a few hundred stores ASAP
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News