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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Justin C who wrote (58751)	7/20/2003 11:58:20 PM
From: Dealer	Respond to of 65232

Hi Justin C! Geez! Give me a cup of coffee and a donut and let me think about this one. I remember when they were talking 2 years ago about how many Outlet they were going to have.....I thought impossible....not knowing they were going to put them in every service station and grocery store in the world..... A lot of ways to skin a and they found that one..... LindyBill Huh? Ok I went digging and came up with what pushed him over the edge!! (notice the date same as lindy's post) :-) Dow Jones Business News Krispy Kreme Franchisee Puts Itself Up for Sale - Report Friday July 11, 10:30 am ET By Mary Ellen Lloyd, Of DOW JONES NEWSWIRES CHARLOTTE (Dow Jones)--Krispy Kreme Doughnuts Inc.'s largest franchisee, Southern California developer Great Circle Family Foods LLC, has put itself up for sale, according to a published report. Great Circle, which operates 22 stores as far north as San Luis Obispo County and as far south as San Diego County, hopes to cash in on the chain's rising popularity and is seeking $80 million, the Daily Deal newspaper reported Friday. Representatives with Great Circle, based in Los Angeles, could not be reached immediately for comment. A Krispy Kreme spokeswoman also wasn't immediately available for comment. The newspaper quoted unidentified sources close to the sale process as saying Great Circle wants preliminary offers by July 18 and plans to choose a buyer by late September. -By Mary Ellen Lloyd, Dow Jones Newswires; 704-371-4033; maryellen.lloyd@dowjones.com dealie (Looks like a short, nope, tried that before and got hurt.....just leave it alone) :-) BTW: Great to see ya around.