Raymond Kooner
👤 PersonAppearances Over Time
Podcast Appearances
Question on that though, like did you recommend getting, like I try to get them equity, because I want them to come along for the ride, or does that cause, I mean, that would increase our EBITDA, obviously, because it wouldn't be payroll that 20% would go under, it would... improve our EBITDA, but then it also gives them ownership or would you not recommend doing that?
Question on that though, like did you recommend getting, like I try to get them equity, because I want them to come along for the ride, or does that cause, I mean, that would increase our EBITDA, obviously, because it wouldn't be payroll that 20% would go under, it would... improve our EBITDA, but then it also gives them ownership or would you not recommend doing that?
Because there's months where they hit, like, if they're 20% and they could be taking on, like, $12,000, $15,000 profit in the next month, but then that kills our EBITDA for the next month, if that makes sense. Because it's coming out of payroll versus distribution. Yeah. I don't know if that makes sense.
Because there's months where they hit, like, if they're 20% and they could be taking on, like, $12,000, $15,000 profit in the next month, but then that kills our EBITDA for the next month, if that makes sense. Because it's coming out of payroll versus distribution. Yeah. I don't know if that makes sense.
Because there's months where they hit, like, if they're 20% and they could be taking on, like, $12,000, $15,000 profit in the next month, but then that kills our EBITDA for the next month, if that makes sense. Because it's coming out of payroll versus distribution. Yeah. I don't know if that makes sense.
It's basically progress. Maybe it's too small thinking.
It's basically progress. Maybe it's too small thinking.
It's basically progress. Maybe it's too small thinking.
So Auburn and Federal Way for sure. Okay, what's the revenue of those two? Revenue is roughly $40,000 a month. Okay, so like $500K-ish. Yeah, $500K. Okay, that's the issue. Yeah, which is like our breaking number, right? Then Capitol Hill and Bellevue are higher than that, so they're middle.
So Auburn and Federal Way for sure. Okay, what's the revenue of those two? Revenue is roughly $40,000 a month. Okay, so like $500K-ish. Yeah, $500K. Okay, that's the issue. Yeah, which is like our breaking number, right? Then Capitol Hill and Bellevue are higher than that, so they're middle.
So Auburn and Federal Way for sure. Okay, what's the revenue of those two? Revenue is roughly $40,000 a month. Okay, so like $500K-ish. Yeah, $500K. Okay, that's the issue. Yeah, which is like our breaking number, right? Then Capitol Hill and Bellevue are higher than that, so they're middle.
They are all within 30 miles. Oh, so all of them are in one city. Yeah, so in the same area. But Auburn, Federal Way, and Kent are awesome because they're like within five miles. And it's so easy to rotate stuff after, et cetera. So do you say Kent, Federal Way, and what was the other one? Auburn, for like five, 10 miles. Auburn, interesting. But those are two new ones, right?
They are all within 30 miles. Oh, so all of them are in one city. Yeah, so in the same area. But Auburn, Federal Way, and Kent are awesome because they're like within five miles. And it's so easy to rotate stuff after, et cetera. So do you say Kent, Federal Way, and what was the other one? Auburn, for like five, 10 miles. Auburn, interesting. But those are two new ones, right?
They are all within 30 miles. Oh, so all of them are in one city. Yeah, so in the same area. But Auburn, Federal Way, and Kent are awesome because they're like within five miles. And it's so easy to rotate stuff after, et cetera. So do you say Kent, Federal Way, and what was the other one? Auburn, for like five, 10 miles. Auburn, interesting. But those are two new ones, right?
So like Auburn and Federal Way, kind of hard to judge. And if you looked at our EBITDA now, like if you did six months trailing versus 12, it would probably be a lot higher ratio than that because they were kind of eating themselves in the beginning when I first opened it. You had to put some cash into it. Exactly, yeah.
So like Auburn and Federal Way, kind of hard to judge. And if you looked at our EBITDA now, like if you did six months trailing versus 12, it would probably be a lot higher ratio than that because they were kind of eating themselves in the beginning when I first opened it. You had to put some cash into it. Exactly, yeah.
So like Auburn and Federal Way, kind of hard to judge. And if you looked at our EBITDA now, like if you did six months trailing versus 12, it would probably be a lot higher ratio than that because they were kind of eating themselves in the beginning when I first opened it. You had to put some cash into it. Exactly, yeah.
Okay.
Okay.
Okay.