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.
Microcap & Penny Stocks : ETPI-Military Entertainment Enters Civilian Market -- Ignore unavailable to you. Want to Upgrade?


To: Jonathan Lebed who wrote (193)4/20/1998 9:29:00 AM
From: Gary Price  Read Replies (1) | Respond to of 4767
 
.85--.92



To: Jonathan Lebed who wrote (193)4/20/1998 3:06:00 PM
From: Gator  Read Replies (2) | Respond to of 4767
 
ETPI vs. Dave & Busters (food for thought).

Dave & Busters (Nasdaq-DANB, $26) has much larger facilities than ETPI entertainment centers (D&B on the scale of 100,000 square feet). It costs D&B around $2 million to put in a facility, where ETPI is closer to $175,000. Payback on a D&B location is around 2 years. Payback for ETPI is 3 months.

ETPI structures earnings-driven deals. If the location doesn't make money, ETPI can just up and walk away (with their equipment, of course). If they do make money, the owner/operator get rich, and ETPI reaps the rewards as well.

With big financing coming, ETPI will shortly be able to begin a nationwide expansion of their "Stargate" family fun centers, which are proven money makers. As per their release today, the gaming facilities sport a profit margin up to 85%. Pure gravy.

Gator