n/a Franchise owners

I have clients with such experience; they vary extremely widely.
 
The only reason I see to buy into a franchise is for the name recognition. If it's not a well-known brand-name, I wouldn't touch it. I've seen way too many small ones fail. Some guy has a successful restaurant, and tried to sell the formula as a franchise. He ended up with six completely different restaurants with six different menus, but all had the same name. They're gone now.
 
Been on both sides. Had 6 double drive-through burger joints in DFW as franchisee, became default franchisor. Both sides left something to be deisred.

Ken Ibold said:
Anyone got any experience being a franchisee (especially but not exclusively restaurant)?
Click to expand...
 
Been there with my folks during the 80's. Not a good experience for us but others have been wildly successful. Location and name recognition are two primary items to consider (other than cap costs and ROI of course).
 
You must log in or register to reply here.
Back
Top