Good article/info on the status of our little game.
1) "Technomic expects the custom pizza segment to grow at a compound annual growth rate of 30 percent over the next five years."
2) "Last year, the fast-casual pizza market was worth an estimated $1 billion of the $36 billion pizza industry, Tristano said."
3)"While some people might think of the competition as a reason to stay away, it actually attracts us to the opportunity."
4) "I refer to it as the pizza war — you've got six competing users all vying for the same sites and markets," Unatin said, "and I'm sure there will be more in due time."
Can you say "role up". May the best balance sheet win. :-)
Plus, JACK would have the balance sheet to then "role up" all the other Pie 5 like companies/competitors it wanted (in the regions it wanted/needed for national coverage) to corner the this new pizza market/offering.
And, AVAV has approx. $10 in CASH per share on the balance sheet, with no debt. Add in existing gov. contracts, IP, hot market segment (which is only going to get hotter..UAV's) and this has to be one of the best bargains around.
I believe we'll get there. THOR's been a long time coming, and REGN was a "25 year, over night, success story". Patience has made me a lot of money in this space.
GLTA (Longs that is) :-)
Remember, they paid $775 million (in cash) for Kiva, and it had just over one hundred million in revenue.
You should listen to the conference call, or if you did, you missed a very important analyst question, and the carefully worded answer.
Google article title if interested, "Here's what 13 Washington companies plan to do with commercial drones"
"Strategic priorities"...and one of their biggest competitors is testing a Pie 5 competitor concept..... get it now.......:-)
Google article title if interested, "Jack in the Box Inc. Amends Credit Agreement"
"“The amended credit agreement provides us with more than $400 million of additional borrowing capacity to support the company’s strategic priorities,” said Jerry Rebel, executive vice president and chief financial officer. “With our growing level of EBITDA, the extra capacity will enable us to comfortably maintain leverage within a 2 to 3 times range.”"
Google article title if interested, "Pie Five Pizza Named 2015 Best Franchise Deal by QSR Magazine"
I'm sure your correct, the rent will be rich. Thing is, if there really in it for the long haul, and you look at part of the expense as advertising cost/investment, I think this has to be one of the top places to introduce your brand and build not only national, but global brand awareness, and consequently, worth the investment. Similar to what Jobs was doing with his NY store. Be curious if this is a local franchiser or the mother ship making the investment. i'd bet its the mother ship.