AWRRF - BBQ Holdings's Strategy Is Working And The Stock Is Cheap
- BBQ is run rating ~$715M in system wide sales yet has an enterprise value of ~$145M.
- CEO Crivello has quietly taken EBITDA from $4M in 2017 to the current run rate of $27.5M+.
- BBQ has a battle tested growth algorithm that should drive extraordinary returns for shareholders over the next 5 years - in similar fashion to BBQ's last 5 years.
- BBQ will likely generate $18.5M+ in royalty and license revenue, which is a highly valuable cash flow stream and alone is worth more than the current stock price.
- BBQ management has a proven track record and is highly aligned with shareholders.
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BBQ Holdings's Strategy Is Working And The Stock Is Cheap