Charles Watson
speaker
858 appearances
2 recordings
1 series
first heard Jan 2021
last heard Jan 2021
Charles Watson’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
You know, we opened a ninety nine locations this year.
You know, you're looking at 130, 140, 150, 160 for us each year going forward.
So that's measured growth, right?
It's not we're gonna do 150 and then we're gonna open 500, right?
I've
I've learned enough lessons about overexpanding too quickly.
I had a call just before this with our ownership group and
It was well, what do we think franchise development's going to be this year?
Of course, I gave a number, but the number is what it needs to be in terms of how many good fit franchisees are out there, right?
Because whether it's for us, whether it's 217 or 249 or 226, I have a team that it's their job to find partners for us, right?
And so they spend a lot of time doing that.
Tropical Smoothie Cafe is a brand.
You know, quite honestly, we're still primarily single unit franchisees.
We do have some franchisees that are now at the five, 10, 15.
Our largest franchisee, Dyne Hospitality Group, is at about 70 units right now.
They'll scale to 150 or so over the next five years, would be my guess.
But we're just at the beginning of that consolidation phase where some of the more astute and better capitalized operators are beginning to provide an exit for some of the single unit operations.
Operators, but not to a crazy degree.
915 units.
We have over 400 franchisees, Stan.
Showing 781–800 of 858 · page 40 of 43
← Previous
Next →