What if we told you that you could own a store that consistently produced 30+% EBITDA margins and revenues increased 2%-5% per year due to higher volumes and prices? What if we also told you that it didn’t matter that there was an exact replica of your store being built 3 blocks away because your loyal customer base returned to your store daily to purchase your product that had almost 70% gross margins? You’d probably say that “it’s too good to be true.” Then when we showed you the data, you’d probably say “let’s build as many of these stores as possible.”
AGB 2020.1 - Starbucks (SBUX)
AGB 2020.1 - Starbucks (SBUX)
AGB 2020.1 - Starbucks (SBUX)
What if we told you that you could own a store that consistently produced 30+% EBITDA margins and revenues increased 2%-5% per year due to higher volumes and prices? What if we also told you that it didn’t matter that there was an exact replica of your store being built 3 blocks away because your loyal customer base returned to your store daily to purchase your product that had almost 70% gross margins? You’d probably say that “it’s too good to be true.” Then when we showed you the data, you’d probably say “let’s build as many of these stores as possible.”