The average per store gross is around 4.1 million
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?