August 25, 2014

64 Burger King Units Sell for $18 Million

Isn't that only $282K Each?

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2 comments:

Anonymous said...

They must be ready for major remodels or rebuilds and there's just no equity left in the stores. Sounds so familiar, doesn't it??

Anonymous said...

I'm not an accountant and I know BK is different than us because of land purchase and so.

But in McDonald terms 56,000 profit times 5 times cash flow get you the 283, 000 .

Where am I wrong?

Thanks