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If Yall Were To Franchise A Business Which One Would You Choose And Why?


 


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 4 weeks ago '19        #26
FP1305 
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$332 | Props total: 569 569
I probably do a Cookie Night owl spot in my own hood. The only one is in the south and that sh*t always packed mane..

 4 weeks ago '08        #27
Real King James 58 heat pts58
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$34,387 | Props total: 14509 14509
Taco Bell in Houston cause there's no competition. They don't even give out coupons like every other fast food joint cause they don't have to.

If you want to eat Mexican out here your only other choice is Chipotle but they're more fast-casual.

 4 weeks ago '17        #28
ThatGuyThere 
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I have a client who franchised 3 nothing bundt cake stores. He said it cost about 300k to start each store and he is k*lling the game. Each store has 2 managers and he stops at each store daily to check in.

 4 weeks ago '04        #29
NBA Brawler 123 heat pts123
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$18,407 | Props total: 3852 3852
 ThatGuyThere said
I have a client who franchised 3 nothing bundt cake stores. He said it cost about 300k to start each store and he is k*lling the game. Each store has 2 managers and he stops at each store daily to check in.
We got one of those out here. Thought it was just a local spot at first.

 2 weeks ago '04        #30
biscuit 127 heat pts127
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$26,095 | Props total: 19072 19072
I was just looking at this sh*t the other day.

This article is from 2014...




[pic - click to view]



Owning a McDonald's franchise can be a lucrative business, but it requires a lot of cash.

The average McDonald's restaurant generates $2.5 million in sales annually, making it the second-highest-grossing chain in the US by sales per unit behind Chick-fil-A, according to QSR magazine.

But to open a single restaurant, the company requires that potential franchisees have liquid a*sets of at least $750,000.

Startup costs, which include construction and equipment expenses, average between $955,708 and $2.3 million, according to McDonald's. The total is determined by the geography and size of the restaurant, as well as by the selection of kitchen equipment, signage, style of decor, and landscaping, the company says.

Franchisees must pay 40 percent of the startup costs with cash and other non-borrowed resources, while the rest can be financed.

In addition to those costs, McDonald's charges a $45,000 franchisee fee and an ongoing monthly service fee equal to 4% of gross sales. Franchisees must also pay rent to the company, which is a percentage of monthly sales.

Related: What’s Wrong with McDonald’s

Franchisees have historically paid about 8.5 percent of sales in rent costs, though some pay as much as 12 percent, according to a 2013 Bloomberg report.

McDonald's franchisee startup costs are similar to those of KFC, Wendy's, and Taco Bell.

Subway, by comparison, is far less expensive, costing between $116,000 and $262,850, according to the company. Subway also requires minimum liquid a*sets of only $30,000 to $90,000.

This article originally appeared in Business Insider.
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 1 week ago '04        #31
100percent 1 heat pts
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$1,031 | Props total: 144 144
Sheetz

 1 week ago '06        #34
Stackz 7 heat pts
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$4,077 | Props total: 806 806

 1 week ago '18        #35
dacoolestg 
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$499 | Props total: 990 990
Dominos for sure depending on location itd net some serious paper
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 1 week ago '05        #36
dasill 12 heat pts12
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$7,374 | Props total: 7226 7226
I would open a fuzzy's taco

Or a chick-fila

 1 week ago '19        #37
Fisher 7 heat pts
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$104 | Props total: 353 353
Id buy a car wash and hire hot girl to clean the cars and suck d*ck in the back of them for more money

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