Noble Roman’s Last Gasp?
March 30, 2008 by Sean Kelly
Filed under Business
(FranchisePick.com) In Noble Roman’s Last Gasp Effort to save its Franchise Michael Goode at Goode Value Investing writes:
I have previously criticized Noble Roman’s (OTC BB: NROM) for over-aggressively expanding and for management blaming its franchisees when those franchises failed. Noble Roman’s has now taken over six struggling Indianapolis-area stores from a franchisee in a bid to prove that its franchisees can operate profitably. This reeks of desperation, and it is also a repudiation of the company’s recent strategy of owning no stores. Also, Noble Roman’s did not file a form 8-k to announce the move, something that appears to be …read more
ARE NOBLE ROMAN’S FRANCHISE OWNERS FAILIERS?
March 22, 2008 by Sean Kelly
Filed under Business
(FranchisePick.Com)
“i say to whiners this – Failiers blamethe winners and winners quastion winners.
to be fair i am a franchisee of noble roman’s.”- sal mohd
Over at Goode Value Investing Blog, stock blogger Michael Goode criticized franchisor Noble Roman’s Paul Mobley for 1) whining publicly about having crappy franchisees, and 2) having crappy franchisees. But it was Michael Goode who looked foolish in the end, as franchisee made Goode’s point twice as convincingly in 1/8th of the words.
Goode slammed the Paul Mobley comments quoted in an article with Daniel Lee of the Indianapolis Star:
In describing the company’s expansion troubles, [Mobley] placed …read more




