Good morning.
Today, we’re back with a new idea which we’re really excited about. This is a fast growing restaurant business operating a proven franchise model.
The company is trading in line or cheaper than peers despite having a much larger opportunity for growth. We think the company can more than double store count over the next five years.
Today’s analysis includes a bottom up DCF model, scenario framework and social media research to validate consumer sentiment.
We think there’s a case for 35-70% upside over the next 12 months. Let’s dig in…