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Thread: Thi-Thi For Sale

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    Unhappy Thi-Thi For Sale


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    Quote Originally Posted by jwslam View Post
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    All good things come to an end my friend.
    Submaker.Illest.

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    Quote Originally Posted by That.Guy.S30 View Post
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    All good things come to an end my friend.
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    Quote Originally Posted by jwslam View Post
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    So the new owners may open on Sunday? I hated coming downtown always to find it closed.

    I assume the cost includes the secret recipe.

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    Only 10 of the 11 secret herbs and spices

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    The secret recipe is too much fish sauce.

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    Quote Originally Posted by holden View Post
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    I assume the cost includes the secret recipe.
    Consider they don't own the spot, that's all you are paying for.

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    200 orders X $10 X 20 days = $40000/mth in revenue.

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    Quote Originally Posted by Xtrema View Post
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    Consider they don't own the spot, that's all you are paying for.
    That's what I was thinking. $1MM asking price for a recipe book and brand.. the latter of which is surely going to be devalued to some extent immediately after sale when the customers realize it changed hands.

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    https://www.realtor.ca/real-estate/2...gary-chinatown

    !??!!?!?

    Apologies if I'm missing the OG news.

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    Quote Originally Posted by heavyfuel View Post
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    That's why I just say I have a 4" dick and lift weights to make up for it.

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    Oh no. This makes the potential of someone ruining it. I had better get to Calgary before it's too late!!!!!
    Originally posted by SJW
    Once again another useless post by JRSCOOLDUDE.
    Originally posted by snowcat
    Don't let the e-thugs and faggots get to you when they quote your posts and write stupid shit.
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    I say stupid shit all the time.

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    Quote Originally Posted by suntan View Post
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    200 orders X $10 X 20 days = $40000/mth in revenue.
    Asking price north of 2x annual revenue for a small business.

    glwt
    Originally posted by Thales of Miletus

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    fact.
    Quote Originally Posted by Yolobimmer View Post
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    guessing who I might be, psychologizing me with your non existent degree.

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    Quote Originally Posted by killramos View Post
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    Asking price north of 2x annual revenue for a small business.

    glwt

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    Quote Originally Posted by killramos View Post
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    Asking price north of 2x annual revenue for a small business.

    glwt
    There's a reason it's on realtor.ca

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    All the best to them. Great people.

    When my day comes I'll come to Beyond for the Panel's expertise
    Conversations like this can be intense.

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    Valuing small businesses is notoriously difficult with an extremely illiquid pool of buyers.
    Originally posted by Thales of Miletus

    If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
    Originally posted by Toma
    fact.
    Quote Originally Posted by Yolobimmer View Post
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    guessing who I might be, psychologizing me with your non existent degree.

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    Quote Originally Posted by killramos View Post
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    Valuing small businesses is notoriously difficult with an extremely illiquid pool of buyers.
    Especially in the food service space.

    The hail mary here for a buyer would be to leverage the brand for franchising, but I don't know if there's enough brand equity to make that viable...

    Edit - I hadn't read the part about franchising in the description... Great. Now I'm thinking like a REALTORę

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    So there was a second location on Stephen Ave in the mid-2000's (forget when it closed) and plans to franchise back then I believe. It had lineups out the door at lunch.

    I wonder why franchising didn't take off then? Too much work? 2008 GFC?

    If I bought there would have to be a clause that the current owners agree to make an appearance at new store openings, lol.

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    Quote Originally Posted by holden View Post
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    So there was a second location on Stephen Ave in the mid-2000's (forget when it closed) and plans to franchise back then I believe. It had lineups out the door at lunch.

    I wonder why franchising didn't take off then? Too much work? 2008 GFC?

    If I bought there would have to be a clause that the current owners agree to make an appearance at new store openings, lol.
    I remember that. Was that a franchise location? Name was the same but not sure if related. I'm sure margins were super low especially back in mid 2000's b/c subs were $3.50 each and I'd get a half dozen at a time. I'm guessing margins aren't super high today either.


    EDIT:

    Cool they were in fact related - https://forums.beyond.ca/threads/943...i-sub-now-open!!!!!

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