I heard he's been offered money for expansion a fe

I heard he's been offered money for expansion a few times and he turned it down.

I think the offering is carved in stone with him.

Also, to answer your question about business financing...he can't get traditional business financing because the stores cannot be used as collateral, they aren't profitable.

So, unless he has a multi-million dollar home he wants to mortgage, he's stuck with less attractive financing options.