Our aspiration is in the direction of reviving authentic conventional cuisine in a village atmosphere with trendy type of serving plus friendly hospitality, like the old days. Corporate restaurant profitability— Corporate restaurant profitability for the 13 weeks ended December 29, 2019 was 10.0% in comparison with 10.7% in the fourth quarter of 2018. The decline within the quarter was largely from taking back under-performing franchise restaurants. Total Operating EBITDA — Before the impression from the online royalty to KRIF, Total Operating EBITDA margin was 7.1% for the quarter compared to 7.4% in 2018. The mixed contributions from Corporate, Franchise, Retail and Catering, and Central segments resulted in Total Operating EBITDA margin of 6.8% for the quarter in comparability with 7.0% in 2018.
The Cons Of Buying A Franchise
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