$OPES what is misleading is insinuating only a couple franchises have closed. All across this great land bfi franchises have failed From Alaska to Ohio to tx and the worst is at least 5 I know of in the great state of Florida some pre covid some post - coral gables great location pre covid - Sunny isles great location , during covid, the Burger King, McDonald's, and 2 steak places in same shopping center and a deli made it through fine - Deerfield beach great location on a1a near beach just like original store -2 franchises in Naples failed and bfi bought the built out stores. The franchises lost everything Also comparing this to Starbucks is wrong as they own and operate most stores, compare to dnkn which was all franchise and whose market cap creation has been a fraction of sbux I have never had more conviction in a short but unfortunately I have to wait until deal closes