2.5% on a $2,500,000 average restaurant is $62,500 in additional sales. Costs will be approx $50,000 per store (or MORE). The operator will realize a pass thru profit (approx 8%)of $5000 BEFORE COSTS OF EQUIPMENT.(Low volume stores will do SIGNIFICANTLY worse) The corp will get $8750 in additional rents and service fees (at an avg of 14%)
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OB would leak that kind of propaganda for two reasons, to hype the stock and to put pressure on O/Os to go along with the change.
2.5% on a $2,500,000 average restaurant is $62,500 in additional sales. Costs will be approx $50,000 per store (or MORE). The operator will realize a pass thru profit (approx 8%)of $5000 BEFORE COSTS OF EQUIPMENT.(Low volume stores will do SIGNIFICANTLY worse) The corp will get $8750 in additional rents and service fees (at an avg of 14%)
DEAL?????
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