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I think Hagar owns the Cabo Wabo brand but he sold half of his tequila business off and got I believe $80 million for it. It was probably a good move, once something grows to a certain level it's just more to manage and is the brand going to hold up? I think he just saw expanding the brand was going to be a headache and not worth it.
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No! You can't have the keys to the wine cellar! -
Whatever. Anyone opening a Cabo Wabo franchise deserves to go down in flames.Scramby eggs and bacon.Comment
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I'll admit this (and you can ban me for a lifetime because this is a heavy confession) I've been to his Cabo Shithole In Vegas and it is one of the most over-priced, poorly run watering holes in that town. Rude waitresses, bartenders who don't know shit about making a Cosmopolitan (yeah, pseudo-sophistication snobbery, I know) and this sinking feeling the joint used to be a T.G.I.F. franchise.Comment
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The Cabo Wabo brand was never strong enough to franchise. You have to have something good enough to intimidate with. You then show up unannounced and check the quality and if it doesn't meet your standards you threaten to pull the franchise and strong arm the owner into submission. If you don't do that, the franchise goes to hell.No! You can't have the keys to the wine cellar!Comment
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Successful franchises basically have one person behind the scenes making it happen. Once you become publicly owned it goes to corporate shit because ownership is too diluted.No! You can't have the keys to the wine cellar!Comment
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