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bunky is in Dire Straits

Discussion in 'Money & Finance Forum' started by TimTam, Aug 3, 2004.

  1. Southern_Yankee

    Southern_Yankee Full Access Member

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    Would these be the kinds written on Morton's napkin letter head after a big night of wooing the corp big shots?
     
  2. Boo

    Boo Cornholio

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    i don't know how his works but generally, you pay a yearly fee and get stuff like advertising in return. my guess is if they went under, he would still operate and not have to pay those fees...which would mean more money for his business.
     
  3. Boo

    Boo Cornholio

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    ie- Us Airways...if you've got frequent flier miles, better use them.
     
  4. VOR

    VOR OnlyU CanPreventRelection

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    bummer for bunky, but einstiens is way betta. schlotsky's really isnt very deli like. but the food is ok. things'll work out
     
  5. Trace

    Trace Full Access Member

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    golden opportunity for Bunky's ShowGirls or Bunky's Billards or Bunky's (somekinda of ripoff of Starbucks).:xyzthumbs
     
  6. Boo

    Boo Cornholio

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    yep...get a liquor license and make some money.

    Just Fresh sells beer...
     
  7. plutosgirl

    plutosgirl It's a Liopleurodon!!!

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    I doubt it will even affect him.
     
  8. VOR

    VOR OnlyU CanPreventRelection

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    depends on how the franchise is structured and how bankruptcy goes, if schlotzsky's holds the lease on the building and the ultimate happens then yeah it'll affect him bigtime.

    But we'll see. I feel a pbr moment is brewing.
     
  9. Bunky

    Bunky .

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    it's got nothing to do with me. that's the new board of directors getting out from under a shit load of debt created by the former board. we all knew this was coming when the former ceo loaned the co. a couple million and collateralized it with the trademark and some other shit. it's all kind of sketchy..to me, anyway.

    in the meantime, 2/3 of corporate staff has been let go. about 20 corporate stores have closed, ie. stores corp. helped finance about 5 years ago to just about anyone willing to go at it, and watched those franchisees abandon ship when the honeymoon was over. that's where they lost their asses. and using most of our marketing money to sponsor austin city limits. in that same time, quiznos, mcalisters, jason's, panera, etc have come up and smoked us. corporate fucked a fair amount of franchisees. fortunately, i'm hanging in there. we're almost clear. so support me while and when you can.
     
  10. Southern_Yankee

    Southern_Yankee Full Access Member

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    :xyzthumbs

    Is DD enough :rofl:
     

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