Due to the poor performing economy at this stage it will be advice able to
clearly look at the future of the Simply Asia Franchise. It came under my
attention that the Parklands / Sunningdale branch was declared insolvent
just a week ago. Therefore, I must comment with regret that clearly this
Franchise is not performing that well as everybody believe. The trend of
Thai food can not be classified in the same category as sushi and it is
exactly what it is, a trend.
For all investors out there, I will look twice before investing in a dying
franchise.
Due to the poor performing economy at this stage it will be advice able to clearly look at the future of the Simply Asia Franchise. It came under my attention that the Parklands / Sunningdale branch was declared insolvent just a week ago. Therefore, I must comment with regret that clearly this Franchise is not performing that well as everybody believe. The trend of Thai food can not be classified in the same category as sushi and it is exactly what it is, a trend. For all investors out there, I will look twice before investing in a dying franchise.
John Scott Restauranteur