Category: Insights

Insights Journal: December 2020

We were curious what multi-unit operators thought about the use of lockdowns to manage COVID so we conducted a survey with the following questions:
1. Lockdown effectiveness?
2. Is there a better way than lockdowns?
3. What solutions would be better?

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Insights Journal: November 2020

• 2020 new build ROIs continued a declining trend, reflecting: higher construction costs; moderating new build AUV growth; and store-level margin pressure.
• A ramping build vs. buy ratio reflects the above trends in addition to declining acquisition multiples.
• This suggests that growth minded operators are more likely to buy than build for the time being.

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