How was 2013 for the Johnny Rockets Franchise operations and how is the year ahead shaping up?
Last year (2013) went really well for our Johnny Rockets operations. As with any business, challenges were present everywhere like the rise of competition in the food industry, price sensitivity related concerns of the consumers, increasing price of the raw materials, not enough excellent real estate for the brand to expand and domestic economic related matters. Even with so many challenges as mentioned above in the food industry, we view the future very positively and are still planning on expanding the brand in the Philippines.
What age group would you say are you seeing most growth in patrons to your Johnny Rockets Franchises?