- Oct 28, 1999
- 62,480
- 8,340
- 126
Owning a bar is *very* different than a franchise restaurant.
One. No franchise fees.
Two. A lot of your staff is paid at wait staff rates and for tips.
Three. You are free to buy food from whereever you want and not forced to from the franchise corporate food supply.
Four. Booze profit margin is A LOT higher than a cheeseburger's.
Five. It's a largely cash business and you can shuffle money a lot easier than fully electronic franchise business does.
Six. They are really nothing alike. At all.
One. No franchise fees.
Two. A lot of your staff is paid at wait staff rates and for tips.
Three. You are free to buy food from whereever you want and not forced to from the franchise corporate food supply.
Four. Booze profit margin is A LOT higher than a cheeseburger's.
Five. It's a largely cash business and you can shuffle money a lot easier than fully electronic franchise business does.
Six. They are really nothing alike. At all.
