The Travelin Man
- Joined: 3/25/2003
- Location: Central FL
Tue, 03/6/12 12:24 PM
MONTREAL - The deal is done for nearly $10 million and the declaration has been made: There will be only one Schwartz’s deli, and it stays on the Main.
Read more: http://www.montrealgazette.com/life/Schwartz+sold+franchised/6254312/story.html#ixzz1oMHZvYEq
Apparently, even our Canadian friends fear the chain-ization of their beloved treasures. Franchising had been rumored for some time - and, especially when someone is plunking down that kind of coin for the operation, you have to wonder how they plan to recoup their investment. Used to be $10M in Canadian money was only about $345 US, but now not so much.