Yes, it's always wise investing in addictive products. :)
The future of Tim Hortons is not same store sales, though. It is opening up new stores in new locations. If we can't find investors to open stores in the states, which will be the case if money is tight, then the franchise won't expand, and we won't meet our expectations.
Tim Hortons is a story about growth and expansion, not relying on return visits, like McDonalds or Wendys, both of which really don't have any significant store growth opportunities in the US.
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Yes, it's always wise investing in addictive products. :)
Sep 05 13:39 pm
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All Comments by Cameron McKenzie »Tough Times for Tim's [View article]
The future of Tim Hortons is not same store sales, though. It is opening up new stores in new locations. If we can't find investors to open stores in the states, which will be the case if money is tight, then the franchise won't expand, and we won't meet our expectations.
Tim Hortons is a story about growth and expansion, not relying on return visits, like McDonalds or Wendys, both of which really don't have any significant store growth opportunities in the US.