Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

SHOCK: Chick-fil-A Has Been Bankrolling the Southern Poverty Law Center(SPLC)
PJ Media ^ | 11/28/2019 | Tyler O' Neill

Posted on 11/28/2019 6:58:39 AM PST by SeekAndFind

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-68 last
To: null and void

The airlines are always bankrupt anyways, so anything they can do to save a buck, they did, they had to

Chick Fil A is nowhere near the financial conditions of AA


61 posted on 11/28/2019 2:40:53 PM PST by Trump.Deplorable
[ Post Reply | Private Reply | To 60 | View Replies]

To: Trump.Deplorable
Status quo
Gross income per store...........941,000.00
Corporate 15% off the top......141,150.00
Net at 25% margin.................199,962.50
Corporate net (50%).................99,981.25
Franchisee net (50%)................99,981.25
Corporate sub total per store..241,131.25
Number of stores..............................2300
Corporate grand total.......554,601,875.00

% Loss of business...............................10
Gross income per store...........846,900.00
Corporate 15% off the top......127,035.00
Net at 25% margin.................179,966.25
Corporate net (50%).................89,983.13
Franchisee net (50%)................89,983.13
Corporate sub total per store..217,018.13
Number of stores..............................2300
Corporate grand total.......499,141,687.50
Bottom line loss.................55,460,187.50

Percentages based on Chick-fail-A's franchise agreement.

Chick-fail_A asserts the average franchisee clears $100,000.00/year. All the other values are set to pretty much make that fit.

If you have better numbers, I'd be happy to drop them in the spreadsheet.

Translation: In my estimation of a modest 10% drop in sales, Ballard stands to cost them ≈$55,000,000 in lost revenue over the course of a year. Maybe he can slither out of it by blaming Trump?

Maybe not.

62 posted on 11/28/2019 2:43:45 PM PST by null and void (Convicted spies are shot, traitors are hanged, saboteurs are subject to summary execution...)
[ Post Reply | Private Reply | To 59 | View Replies]

To: null and void

The average per store gross is around 4.1 million


63 posted on 11/28/2019 3:38:51 PM PST by Trump.Deplorable
[ Post Reply | Private Reply | To 62 | View Replies]

To: Fast Moving Angel

Same here :(

So done w/CFA.


64 posted on 11/28/2019 3:41:41 PM PST by Jane Long (Praise God, from whom ALL blessings flow.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Trump.Deplorable
OK using your numbers:
Status quo
Gross income per store 4,100,000.00
Corporate 15% off the top 615,000.00
Net at 5.75% margin 200,387.50
Corporate net (50%) 100,193.75
Franchisee net (50%) 100,193.75
Corporate sub total per store 715,193.75
Number of stores 2300
Corporate grand total 1,644,945,625.00
% Loss of business 10
Gross income per store 3,690,000.00
Corporate 15% off the top 553,500.00
Net at 5.75% margin 178,780.50
Corporate net (50%) 89,390.25
Franchisee net (50%) 89,390.25
Corporate sub total per store 642,890.25
Number of stores 2300
Corporate grand total 1,478,647,575.00
Bottom line loss 166,298,050.00

Translation: In my estimation of a modest 10% drop in sales, Ballard stands to cost Chick-fail-A corporate ≈$166 MILLION in lost revenue over the course of a year. Maybe he can slither out of it by blaming Trump?

65 posted on 11/28/2019 4:58:45 PM PST by null and void (Convicted spies are shot, traitors are hanged, saboteurs are subject to summary execution...)
[ Post Reply | Private Reply | To 63 | View Replies]

To: Trump.Deplorable
Chick Fil A is nowhere near the financial conditions of AA

Not yet.

66 posted on 11/28/2019 5:00:43 PM PST by null and void (Convicted spies are shot, traitors are hanged, saboteurs are subject to summary execution...)
[ Post Reply | Private Reply | To 61 | View Replies]

To: null and void

10% is way steep also not considering growth, it is the only chain that is growing double digits year after year

And we are in the Christmas shopping season so Chick Fil As that are in malls or around malls are going to be packed even more.

I think your 10% drop is unlikely, I doubt their will even be a drop and if it is, it will be in growth, so instead of growing at 13% they grew at 12.9%

Anomaly at best


67 posted on 11/28/2019 5:12:27 PM PST by Trump.Deplorable
[ Post Reply | Private Reply | To 65 | View Replies]

To: SeekAndFind

I guess that not being a fast food habitue`, the original stories were all I needed to make a decision...the next time I don’t go to a fast food establishment, it will be Chick-fil-A that I’m not going to...


68 posted on 11/29/2019 3:15:44 AM PST by trebb (Don't howl about illegal leeches, or Trump in general, while not donating to FR - it's hypocritical.)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-68 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson