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May 17, 2020

Problematic PPP Loans

Unforgivable? Restaurants fear loans won't bring relief
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5 comments:

Anonymous said...

A loan isn't RELIEF - a GRANT is relief. A loan is a prolongation of agony - and for some the final debt nail in a already closed coffin. Wait for the processing of the Ireceivables on Rent and Service fees come SEPTEMBER. Total Operator numbers to be reduced by 20%! Thanks NFLA!

Richard Adams said...

And that 20% will be the smaller Owner/Operators or the older Operators without a next-gen. We couldn't have written a better script for the control freaks at McD-HQ to use to flush out Owner/Operators.
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Anonymous said...

There are about 1,800 right now is that accurate
RICHARD?

Won’t all happen this year BUT 2021 YES
the post is saying less than 1,500?

NOT GOOD - for the GREAT brand we once
were

Several of my friends have left and 2-3 more
this year are selling - no 2nd generation
just will be selling at a small multiple 4 1/2
to 5 - think that is what my future holds
5 times earnings IF LUCKY - stayed in to
long - now have 4 MRP’s to pay for - HOPE
I can survive 4-5 years

WHAT THE HELL HAPPENED TO OUR
MCDONALDS?

Anonymous said...

Your right Richard, all the others that dont have the financial expereince will go down faster than a Krispy Kreme donut at a law enforcement convention.

Forcing those store numbers back onto Corporate books.. Oh wait, they dont have any depth with operations knowledge at any level. Seems the sensible operators will purchase from Corp. At pennies on the dollar. They better hold that dividend payment! They are gonna need it..

Anonymous said...

Current US Operators =1600 +/-

Current NOA membership = 1273


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