Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?

To: Joan Osland Graffius who wrote (12900)	8/4/2002 9:25:43 PM
From: Alan Smithee	Read Replies (1) \| Respond to of 17639

We need to find a couple of 30 year old kids with lots of energy and bankroll them to start one here in the Wayzata area. Word has it the folks at Krispy Kreme corporate require that prospective franchisees have $5.0 million in net worth before they will even talk to them about a location. McDonalds, OTOH, requires net worth of $1.0 million. Dollar for dollar, if you want to be a purveyor of cholesterol, it would seem the McDonalds franchise is the way to go. But then, you have to attend Hamburger University.

To: Joan Osland Graffius who wrote (12900)	8/4/2002 10:50:11 PM
From: Rainy_Day_Woman	Read Replies (2) \| Respond to of 17639

it's not as easy as it looks first you have to buy the franchise [I would bet pricey] then they are always a triple net lease so buy the signage and all equipment [also pricey] now stock the food [you buy from vendors only approved by the corporate Franchise, so don't bother looking around for a 'deal' on price] hire employees - a manager, assistant manager, opener and closer along with hourlies [you won't get them for minimum wage either] have cash to put in your worker's comp state fund get a fat life insurance policy [it's required] - health insurance for your employees - building and equipment insurance - liability insurance - food loss insurance hire an outside auditor for your P&L statements [also required by Franchise Corporate] so they can verify the monthly royalty and advertising fees you pay them [a percentage of your sales] send in your rent check you'll be lucky if you clear .03 on the .75 cent donut

To: Joan Osland Graffius who wrote (12900)	8/6/2002 1:46:50 PM
From: stomper	Read Replies (1) \| Respond to of 17639

OT: People were standing in line all the way to the door and they had two cash registers going full steam ahead. Maybe if they served skim milk I could gullet down a few. I still contend the frosting to donut ratio is way to high, -g-. You're right though, they are raking it in on a LOWWWWW margin product. Unfortunately, they already sold the Minnesota rights to a Master liscensee. Boy, can hardly wait till they open at Mall of Hell-merica. We'll get to see people from all over the country making pigs of themselves. On second thought, I guess one woould actually have to be willing to enter that Mall-soleum to see that. -g- -dave