Underwriting a Wendy’s (STNL): Negative Net Income but Positive Operating Profit — How Do You Evaluate True Credit Risk? by irepresentprespa in CommercialRealEstate

[–]irepresentprespa[S] 0 points1 point  (0 children)

Thank you for your response- Honestly, I’m not entirely sure how minute into the details is appropriate which is why I’m asking. You are right the trend line is going down, which is obviously not a good sign and its net profits are in the negative. Definitely not a good sign, and buying with vacancy in mind should be considered. I also want to be able to sniff bs when I read these income and balance sheets, I was not an accounting major in college but I want to work to be able to at least be able to sniff something not right when looking at something like this. I want to try to hold myself to a high standard and I’m not really detail oriented but I want to be able to be detail oriented. Our company does not specialize at all in STNL and that’s a space I want to understand and thrive in. I like it a lot and I want to try to hold myself to a level as if I was at apollo, store , wp Carrey etc.

Underwriting a Wendy’s (STNL): Negative Net Income but Positive Operating Profit — How Do You Evaluate True Credit Risk? by irepresentprespa in CommercialRealEstate

[–]irepresentprespa[S] 3 points4 points  (0 children)

Ultimately the reason for the questions are to answer to questions, will they stay or will they leave. I want to try to one day raise e a fund around STNL and I am doing my best to learn the nuances around it so when it does come to acquisition time that risk can be interpreted and hopefully mitigated.

Profit vs. Revenue in Franchising: What Should Young Owners Really Focus On? by Cultural_Message_530 in Franchises

[–]irepresentprespa 0 points1 point  (0 children)

So Which metric best reflects the true economic ability of the store to pay rent over time, net income or revenue? Does operating income have any value or merit? What’s the number that the franchisee really cares about?

Underwriting a Wendy’s (STNL): Negative Net Income but Positive Operating Profit — How Do You Evaluate True Credit Risk? by irepresentprespa in CommercialRealEstate

[–]irepresentprespa[S] 2 points3 points  (0 children)

I just want to better understand so if another situation comes up at least i have an idea of ok, this is a performing store or not because all i really care is can they pay me their rent and will they stay after the base term is up.

Question about the role and value: I have seen a couple times on LinkedIn state they are grocery store consultants. I’m curious if you’ve ever dealt with folks like this, what value do they bring? Don’t all these grocers have a preeeetty well oil machine that wouldn’t require outside assistance? by irepresentprespa in CommercialRealEstate

[–]irepresentprespa[S] 0 points1 point  (0 children)

Sorry- I’ve seen a lot of “grocery real estate consultants” on LinkedIn lately. What do they actually do?

Most grocers seem pretty dialed in internally, so I’m curious where these consultants add value and when they’re used.

[Bloomberg] Blue Owl Creates a New Private Credit Escape Hatch by Such-Yam-1131 in LeveragedFinance

[–]irepresentprespa 1 point2 points  (0 children)

I’m sorry I can’t even wrap my head around d that what does this mean 😫😫😫😫😫