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Non-Tech : KKRO Koo Koo Roo -- Ignore unavailable to you. Want to Upgrade?


To: deep_rough who wrote (242)11/13/1997 8:44:00 PM
From: Fred Ayres  Respond to of 479
 
Good comments Gary. I have concerns about KKRO short term. I have no idea what the earnings will be like. We all know there is a 4.8 million dollar charge this quarter. I am guessing revenues will be up, as usual. Long term I think KKRO will be a big winner. Unlike Hamlet which had little growth ove the years, and a food concept that was static, KKRO has a hit with the health- replacement-meal. I have heard that KKRO is opening close to one new restaraunt per week.

I think Larry's comments are true of restaurants throughout the system. Yesterday, in the afternoon I passed by the San Vicente location. It was packed. In the past when I spent time to count cutomers over a 20 min period I got a number of 60. Bear in mind this was for the lunch hour. I do not expect the volume is constant throughout the day.

Based on numbers of $2 million per location in revenue. I calculate about $38,500/week or $5,500/day. Each meal comes out to about $8. I come up with 690 customers/day at a typical location. This number seems reasonable as an average.

I'll see what KKRO does tomorrow and most likely buy if it goes lower.
Anyone know about earnings? when do they come out??

Fred



To: deep_rough who wrote (242)11/14/1997 9:50:00 AM
From: Jim P  Read Replies (1) | Respond to of 479
 
If the rumors I heard this past week are true you may not have to worry about KKRO being the old company. Rumor has it that someone maybe buying KKRO out, if true you may hear something in the next couple of weeks.

Whether this is true or not is unknown, time will tell. By reading some of the postings here a buy out makes some sense. Seems KKRO has a good product but not everone is happy with their performance.

Lets see what happens.

Jim P