This thread is hilarious. Let me say this in my most educated voice
Braums ain't goin away
This thread is hilarious. Let me say this in my most educated voice
Braums ain't goin away
easy180, There is nothing funny at all. The bottom line is this, it they don't change, many Oklahoman's will lose their jobs ( to an outside corporation ). Most may not understand, Braum's Corp is NOT a deeply funded ( Public Co ) or even a National Company with 2500 stores at its fingertips for revenue. This is a company that is ONLY in a few local states. This is a regional company with a loyal customer base for the milk.
They were OK when the competition was not here and could survive on a mediocre product. They are losing customers in OKLAHOMA now. That is the difference. ( i don't have time for a full report here, but this is a wake-up moment ).
Like I said before, Braum's is NOT a National Company w/ 2500 stores for revenue. They may not be able to "weather" the financial storm. Braum's is a fully integrated company ( for products, this helps, but you must maintain a large % for margin w/ each $ / generated ). The company can't survive on ( fewer customers ) w/ each location. It doesn't add up.
Totally different enterprises! When the former Backyard Burgers location on Hefner just east of Rockwell closed and the location became a Freddie's, of course we tried it. The first time around, their "steakburger" was a novel change from Johnnie's, McD's, Sonic, or Braum's. The second time wasn't so good but still okay. The third time was our last. Almost inedible. And we've not been back since.
Which is no defense of Braum's sandwiches. We don't order them any more, either, but do go back for milk and for shakes. We've found huge differences between the three Braum's locations closest to us (MacArthur north of Memorial, Hefner and Rockwell, and NW Hiway west of Council). The MacArthur location is always in good condition, Hefner hardly ever is, and NW Hiway has little consistency. My conclusion is that the perceived variations are entirely due to the individual store managers -- and criticism should be aimed at corporate for its failure to demand consistency from those individuals.
BTW, there's similar variation among the Santiagos' McD franchises, and the various Sonics I patronize during their Happy Hours. I think it's inherent in the franchise system as opposed to company-owned outlets. Of course, Braum's isn't franchised so far as I can determine, so my conclusion isn't totally generic -- however corporate seems to be treating the individual managers as franchisees rather than as employees!
Please post a link to your source of information regarding what you assert to be their below-average % margin for each dollar generated. As you clearly have access to their corporate financials, please also post figures that back your claims regarding same-store sales year-to-year, profitability, revenue, and customer counts in order to be making such unilateral proclamations about their financial health. And I'm still looking for the hard numbers that back up the 65% assertion you made earlier. Your response to me on this previously was to tell me to just "keep waiting in the drive through" or something equally inane, tossing tinfoil into radar, when all you have to do is post the facts behind your posts. I'm sure you have them, don't you?
Because someone who posts your kind of information, but is unable to substantiate it with facts would rapidly be exposed as someone talking out of their posterior otherwise.
Jim Kyle...I live just down the street from Freddie's. A fiend and I went there once in early 2013. The other day I saw they were advertising "Philly Steak Sandwich." I almost stopped in to get one because I am always trying to find a REAL Philly Cheese Steak Sandwich (Pat's King of Steaks). Recalling my first experience at Freddie's, I decided to go to City Bites instead.
SoonerDave...I will give it a try, when the weather clears up. Thanks! Got any recommendations for REAL (not frozen) Chile Rellenos?
sdave, you're not going to drag me into a website debate on corp financials, you had trouble w/ the easy math, why would I help you more? ...and I certainly don't need to spend time with you on this. You can stick you head in the sand as a customer, fine. It's a very simple note sdave, stores that offer lunch and don't have any lunch customers? ... is by definition "on there way out".
sdave, ...that's my reference.
Actually, it's "on their way out.."
As for "lunch stores that don't have any lunch customers," please post your reference that has information verifying that Braum's, across all their stores, now has zero customers in what they define to be their "lunch" business window, and include same-store performance over the last, say, five years. I'm just asking you to post the source of your information, and you consistently refuse.
While you continue to make this personal toward me, OKVis, all I'm asking is for you to post the sources of your hard financial information to which you obviously have access...and every time I ask for it, you come after me with things like "sticking your head in the sand," etc. I'm certain I'm not nearly as intelligent as you, OKVis, but I'm trying to educate myself with facts as best I can...and you clearly have the information, and all I'm asking you to do is share it with all of us...
Meanwhile, as we all wait for your hard information sources, the crickets just keep chirping.
As I said, I'm just waiting for the facts behind your posts, not your personal opinions circumscribed in words that try to sound like you have knowledge you really don't. But I still hold out hope. Very interested in seeing the hard sources for your financial information.
sdave, I'm glad you agree.
sdave, I'm not obligated to you. You can't afford my report. You had made the "unreasonable" statement that there was Zero Overlapping in their product offering...and I showed you how you were wrong. Now, if you can't understand the simple / common points, then I can't help with the deeper issues into Braums future / health. This may not be your area of strength.
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