Inference. Many of the Existing Site’s customers will be drawn to the traffic generators in the new center, and allocate some of their limited eating out dollars to whatever restaurant choices are available when they are there, since it is convenient. All or a substantial portion of the 8% drop in sales can reasonably be attributed to the new center. Multi-State Disclosure Document Control No. 040114 Exhibit E to Procedures for Resolving Disputes Relating to the Development of New Restaurants Example 4: Same as Example 3, except that a new EPL Restaurant opens at the new Power Center 6 months after the last anchor tenant opens. Existing Site’s sales then decline further, to a 12% overall decline vs. before the Power Center opened, as follows: 12 months prior to New Power Center opening $ 83,333 — First 6 months New Power Center open $ 76,666 (8 %) Next 12 months New Restaurant Open $ 73,333 (12 %) Inference: It would appear that the majority of the decline is due to the existence of the new Power Center (8%), and that only about 4% is due to the New Restaurant (= 12%-8%).
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Sources: Franchise Development Agreement (El Pollo Loco Holdings, Inc.)
Inference. Many of the Existing Site’s customers will be drawn to the traffic generators in the new center, and allocate some of their limited eating out dollars to whatever restaurant choices are available when they are there, since it is convenient. All or a substantial portion of the 8% eight percent (-8%) drop in sales can reasonably be attributed to the new center. Multi-State Disclosure Document Control No. 040114 Exhibit E F to Procedures for Resolving Disputes Relating to the Development of New Restaurants Example 4: Same as Example 3, except that a new EPL Restaurant opens at the new Power Center 6 months after the last anchor tenant opens. Existing Site’s sales then decline further, to a 12% twelve percent (-12%) overall decline vs. before the Power Center opened, as follows: 12 months prior to New Power Center opening $ 83,333 — First 6 months New Power Center open $ 76,666 (8 (-8%) Next 12 months New Restaurant Open $ 73,333 (12 -12%) Inference: It would appear that the majority of the decline is due to the existence of the new Power Center (8eight percent (-8%), and that only about 4% four percent (-4%) is due to the New Restaurant (= 12%-812% - 8%).
Appears in 1 contract
Inference. Many of the Existing Site’s customers will be drawn to the traffic generators in the new center, and allocate some of their limited eating out dollars to whatever restaurant choices are available when they are there, since it is convenient. All or a substantial portion of the 8% drop in sales can reasonably be attributed to the new center. Multi-State Disclosure Document Control No. 040114 Exhibit E to Procedures for Resolving Disputes Relating to the Development of New Restaurants Example 4: Same as Example 3, except that a new EPL Restaurant opens at the new Power Center 6 months after the last anchor tenant opens. Existing Site’s sales then decline further, to a 12% overall decline vs. before the Power Center opened, as follows: 12 months prior to New Power Center opening $ 83,333 — First 6 months New Power Center open $ 76,666 (8 %) Next 12 months New Restaurant Open $ 73,333 (12 %) Inference: It would appear that the majority of the decline is due to the existence of the new Power Center (8%), and that only about 4% is due to the New Restaurant (= 12%-812%- 8%).
Appears in 1 contract
Sources: Franchise Development Agreement (El Pollo Loco Holdings, Inc.)