Thursday 2 April 2009

BASKIN ROBBINS FRANCHISEES RUN TO GET OUT OF SYSTEM THAT'S BLEEDING CASH

A message from a current Baskin Robbins franchisee has continued to expose the damage being done by Allied Brands Ltd (ABQ) to the system.

Existing franchisees have seen their profits stripped away by the unconscionable massive price rises in ice cream as well as other "captive" items (paper goods, cups, cones, supplies) that MUST be purchased from Allied Brands Ltd.

As a result, more than 24 Baskin Robbins franchises are now FOR SALE in Australia.


The vast majority of these shops are existing locations.

Allied Brands Ltd. share pricing hovers at .135/share - down by 60% from their share float. The company is now valued at 22% LESS than was paid for Cookie Man, Kenny's Card Shops, and Awesome Water - not counting Baskin Robbins, the only international brand!

No comments:

Post a Comment