I want to own a franchise restaurant.

[NuclearNed]

The wife and I have been thinking and talking about starting our own business. We're both tired of working for other people, and if we can come up with something good we may take the plunge.

We live near a decent sized college town (Johnson City, TN - population ~60,000). Instead of starting from the ground floor and creating our own business, I think I would like to start a small franchise store, fast food or whatnot. Specifically, I think a Boston Market would do well in our area, and I don't think there are any others within a 2 hour radius. I would love to start something like a PlayUSA or a Dave & Buster's, but I don't think I'll ever have that type of capital that a larger place like that requires.

Has anyone else done something like this? What is everyone's opinion on Boston Market? It seems like I used to like them when I lived in Atlanta.

 

[KLin]

Got 500,000 bucks for the franchise fee?

EDIT: FYI No franchise opportunities right now.

 

[miri]

They had a boston market near where I live in Virginia, they put it in a crowded mall and it still went out of business.

 

[NuclearNed]

Originally posted by: KLin
Got 500,000 bucks for the franchise fee?

Thats definitely a problem, but one I think I can get around.

 

[NuclearNed]

Originally posted by: miri
They had a boston market near where I live in Virginia, they put it in a crowded mall and it still went out of business.

So they suck? I used to like eating there in the late 90's.

 

[miri]

Originally posted by: NuclearNed

Originally posted by: miri
They had a boston market near where I live in Virginia, they put it in a crowded mall and it still went out of business.

So they suck? I used to like eating there in the late 90's.

Dunno, I ate there once, it was ok, nothing special. I do eat their TV dinners on occasion. Actually the TV dinners taste a lot like the restaurant and are cheaper.

 

[Yreka]

Originally posted by: miri
They had a boston market near where I live in Virginia, they put it in a crowded mall and it still went out of business.

Same here, we had a few out here in the valley. Decent population, but also lots of competition. All 3 went out of buisness within a year or two.

 

[RandomFool]

Last Time I ate at a Boston Market I had the worst diarrhea of my life...it was terrible

 

[TNM93]

Originally posted by: NuclearNed

Originally posted by: miri
They had a boston market near where I live in Virginia, they put it in a crowded mall and it still went out of business.

So they suck? I used to like eating there in the late 90's.

I live near a Boston Market and it's always dead. I would invest in a Starbucks or something more trendy. I knew someone who owned around 5 franchises. They were very well off as a result.

 

[geno]

Dunkin Donuts, they all make money, all the time

 

[IamElectro]

I can tell you it will not be cheap.
Franchise fee
Building construction
Equipment and Inventory
Employee Training
Cash in bank until it business get going

My guess is that you would need 750k or better to get rolling in that business.

 

[royaldank]

TN franchise rights for Boston Market were sold a long time ago. Subways are cheap to aquire and open. Might want to try and get one of those and then keep adding after a year or two.

 

[kranky]

Interesting info about owning a franchise.

 

[sharkeeper]

Yes they suck.

 

[CaptnKirk]

Originally posted by: geno
Dunkin Donuts, they all make money, all the time

You also get to be a Police Department District Sub-Station, protection comes with the territory,
but you loose a couple hundred in proffit with the perks.

Or, open up a Tennesee Legacy Business - got copper tubing & corn ?

 

[Mayfriday0529]

Originally posted by: NuclearNed

Originally posted by: miri
They had a boston market near where I live in Virginia, they put it in a crowded mall and it still went out of business.

So they suck? I used to like eating there in the late 90's.

I don't like them, but my mom loves them. every evening when driving home from work i pass a Boston Market and its packed!!! people fighting for parking spots and huge line.

 

[Mayfriday0529]

Originally posted by: geno
Dunkin Donuts, they all make money, all the time

About 5 new Dunkin Donuts/baskin robbins have open up around my area, all within one year. Good business.

 

[astrosfan90]

Krispy Kreme!!!!

 

[Medicine Bear]

Just get yourself a few ho's. Much easier and way better profit margins.

 

[KLin]

Originally posted by: kranky
Interesting info about owning a franchise.

Damn corporations.

 

[NuclearNed]

Originally posted by: KLin

Originally posted by: kranky
Interesting info about owning a franchise.

Damn corporations.

Indeed. That was a very interesting read.

 

[Hammer]

it's too bad In-n-Out isn't a franchise. if i could put one here in austin near UT, i'd be a rich man.

 

[KLin]

Originally posted by: Hammer
it's too bad In-n-Out isn't a franchise. if i could put one here in austin near UT, i'd be a rich man.

Just call it Out-n-In.

Or even better, N-in-Out :laugh:

 

[Saulbadguy]

There aren't near enough White Castles.

 

[captains]

friend of a friend opened aJersey Mikes