Further to my post ten days ago about the opportunity for newsagents near a Kenny’s Cardiology store, the ASX yesterday announced the suspension of Allied Brands, the parent company, because of a pending announcement regarding The Cookie Man franchise.
If you own a newsagency near a Kenny’s store, do some research on the opportunity.
The “opportunity” is clear. Allied Brands is a rogue franchisor, run by criminals, who’ve now been caught out and the company has collapsed. Kenny’s was a troubled company even before being bought by Allied. They’ll all be gone shortly.
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