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Started By
Message
re: How much is Todd Graves making from Canes
Posted on 5/31/24 at 11:53 pm to gizmothepug
Posted on 5/31/24 at 11:53 pm to gizmothepug
Dude left for Mylanta. Sad!
0
Posted on 6/1/24 at 12:08 am to Martini
They just built one by my house, and it opened a month ago and they still have people out there directing the drive thru.
Posted on 6/1/24 at 12:12 am to nycguy
quote:
Edit *
Was interesting enough to me, saw a podcast said, he made $27m his first nyc. store..
** 27m is going to fly over but, $8m is the most a chic fil a store will / has ever made according to the interview, Todd said they did $27m first year in NYC
quote:
Is English not your first language?
Keep editing this gibberish until we can understand WTF you are trying to communicate.
Posted on 6/1/24 at 12:14 am to nycguy
Crazy. The man became a billionaire by opening a restaurant with the simplest menu and hasnt strayed from it. Not even a added mild/spicy option
Posted on 6/1/24 at 12:23 am to Relham10
quote:
Crazy. The man became a billionaire by opening a restaurant with the simplest menu and hasnt strayed from it. Not even a added mild/spicy option
When you put it this way, it is remarkable. I wonder what kind of venture capital or private equity (if any) he raised in order to expand his operation at first.
Posted on 6/1/24 at 12:50 am to nycguy
Chick-fil-a Cathy family worth 33 Billion… GTFOH!!!!
Posted on 6/1/24 at 12:54 am to North Dallas Tiger
quote:
To calculate the Average Unit Volume for Raising Cane’s franchised locations in 2021, we will look at the sales data for the 567 Raising Cane’s units that were active in 2021. The estimated sales for those locations were $2.377 billion. That gives us an Average Unit Volume of $4,192,239 per location.
quote:
estimated
10% profit margin $419,232
15% profit margin $628,849
So somewhere in between, $500K. That would be higher than most
Chick-Fil-A. CFA employee overhead is much higher than Cane's.
Posted on 6/1/24 at 12:54 am to North Dallas Tiger
quote:
When you put it this way, it is remarkable. I wonder what kind of venture capital or private equity (if any) he raised in order to expand his operation at first.
He worked on an Alaska fishing boat to raise the initial money. That showed potential investors he was serious.
Expanding was easier because it was a proven concept.
Posted on 6/1/24 at 12:57 am to nycguy
I really don't get it. The Popeyes sandwich is twice as good at a way better price
Posted on 6/1/24 at 8:13 am to WhiskeyThief
quote:
Canes chicken sandwich has 155 ingredients
This is not possible. Link?
Posted on 6/1/24 at 8:30 am to nycguy
Many cities have traffic issues due to Cane's restaurants. It is insane.
Posted on 6/1/24 at 8:35 am to nycguy
quote:
times square
Democrats LOVE fried chicken
Posted on 6/1/24 at 8:37 am to nycguy
Great Podcast called “How I Built This” on a bunch of businesses. One episode is about him and Canes. Search for it. Worth a listen. He owns 90% of those restaurants.
Posted on 6/1/24 at 9:29 am to Motorboat
quote:
This is not possible.
Look it up
The tenders alone have 12 different types of estrogen
Posted on 6/1/24 at 9:40 am to LSUPat
quote:
Styrofoam is Houston.
Yep, my girlfriend's teenage daughter (no pics, she's 14!!) thinks Canes is the greatest known food to humanity. We have a deal going that I buy her one chicken finger for each points she scores in basketball. I've spent more in Cane's in the last 3 months than I have my entire life. All of her friends love Canes, it's packed every single time we go.
Posted on 6/5/24 at 12:45 am to nycguy
A Canes chicken sandwich has 155 ingredients. 4 carcinogenic. Europe rejects locations opening there based on ingredients found in all their food items.
Eat up New Yorkers
Eat up New Yorkers
Posted on 6/5/24 at 1:10 am to BilbeauTBaggins
quote:
Minimal workplace safety/cooking standards.
Yeah you don’t know anything about what is happening back of house or what is typical.
Posted on 6/5/24 at 1:18 am to North Dallas Tiger
quote:
$3.50 per tender
Posted on 6/5/24 at 2:10 am to nycguy
Cane's chicken is so damn plain
This post was edited on 6/5/24 at 8:11 am
Posted on 6/5/24 at 5:42 am to nycguy
Has there ever been an unsuccessful Cane's location that closed, other than the one on Corporate in BR?
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