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asphaltgambler asphaltgambler is offline
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Join Date: Nov 2004
Location: Nokesville, Va.
Posts: 8,225
Experience with Franchises?

Read an article last night; local rag profiling several local people who have left their employers to find a better opportunity with franchises in this economy. One couple started opened a Little Ceasar's, one a Popeye's, etc.

The whole article profiled 5 people, all but one starting brand new brick and mortar, businesses. All less than a year old.

I get the positive reasons, proven business plans, marketing, branding, etc. BUT my understanding is that most of these gleen 3-6% off of GROSS sales, + annual/monthly fees, advertising fees, etc.

Seems to me thst most are only making money for the franchisor. I have also seen many (fast food mostly) in my area go under.

Anyone here have direct/indirect experience and want to chime in??
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Old 07-28-2011, 10:20 AM
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