I want to own a franchise restaurant.

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step-dawg

Golden Member
Feb 29, 2000
1,531
0
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Boston market sucks now. used to be pretty good. then they started skimping on portions and raising prices. at least all the ones around austin and houston are like that. bleh.
 

Yreka

Diamond Member
Jul 6, 2005
4,084
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76
Someone open a Steak & Shake in the East SF Bay Area STAT !

Dunno why, but I love that place.
 

mattocs

Platinum Member
Jan 25, 2005
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A lot of bigger places want at least 10 million in assets to let you francise. I am sure a small pizza shop or something might be easy.
 

CaptnKirk

Lifer
Jul 25, 2002
10,053
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Start your own - you don't need no steenkin' franchise to drain your budget.

Colonel Chicken started with one resturant - after he retired . . on a showstring.


Nukem Burgers & Mutant Fries !
 

labgeek

Platinum Member
Jan 20, 2002
2,163
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Originally posted by: KLin
Got 500,000 bucks for the franchise fee?

EDIT: FYI No franchise opportunities right now.

Boston Market doesn't do a franchise fee like others... Or at least didn't previously. And you're off by a digit or so ANYWAY. Even McD's is like $45-50K not $500K. But you will need about that amount to open, and much of it will need to be liquid.
 

SupaDupaCheez

Platinum Member
Nov 21, 2000
2,034
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I'm pretty sure that Boston Market had some major growth problems a couple of years ago. They grew way too quick and gave a franchise to just about anybody who walked in the door. Corporate ended up buying many of their stores back while closing others that were just too far gone.

Boston Market has pretty decent food. You figure you can walk in there and get some pretty good food in about the same time as it takes to get a bigmac value meal.

SDC
 

Juice Box

Diamond Member
Nov 7, 2003
9,615
1
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IMO.....opening a food franchise is always a risky business.....it is totally hit or miss. Perhaps look into something more along the lines of non food.....I worked at a Frame shop (the great frame up to be specific) and it did quite well...just all about location and consumer need. You need to research it a lot, but a couple-owned small business could do quite well and leave you happy in the meantime....if I were you, id stay away from food....very stressful work and high possibility of not working out.
 

suse920

Diamond Member
Feb 7, 2005
6,889
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dunking dounuts ftw. I know i couples guys who own them, they make some good cash. We have 6-7 in my small town and they all are ALWAYS crowded.
 

labgeek

Platinum Member
Jan 20, 2002
2,163
0
0
Originally posted by: Juice Box
IMO.....opening a food franchise is always a risky business...

It's general considered LESS risky to open a franchise (at least a major one).

> sites are picked and prepped or at least approved by the company
> you have to prove you have the finances to open and run it
> they train you
> they provide a consistent proven product



 

mugs

Lifer
Apr 29, 2003
48,920
46
91
Originally posted by: NuclearNed
Originally posted by: KLin

Damn corporations.

Indeed. That was a very interesting read.

They focused on one couple who bought a franchise in a TINY chain that doesn't even exist anymore. I don't know if I would call that a typical experience. My parents owned a franchise for 25 years and didn't have those kinds of problems.
 
Nov 5, 2001
18,366
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Originally posted by: labgeek
Originally posted by: KLin
Got 500,000 bucks for the franchise fee?

EDIT: FYI No franchise opportunities right now.

Boston Market doesn't do a franchise fee like others... Or at least didn't previously. And you're off by a digit or so ANYWAY. Even McD's is like $45-50K not $500K. But you will need about that amount to open, and much of it will need to be liquid.


No, I think he's talking about required startup capital, which according to McDonalds can be from $493,000 to over $1,000,000 required.
 
Nov 5, 2001
18,366
3
0
Originally posted by: labgeek
Originally posted by: Juice Box
IMO.....opening a food franchise is always a risky business...

It's general considered LESS risky to open a franchise (at least a major one).

> sites are picked and prepped or at least approved by the company
> you have to prove you have the finances to open and run it
> they train you
> they provide a consistent proven product


IF they do all that. Read the article someone linked to above....they sometimes TAKE YOUR MONEY AND RUN.
 

BurnItDwn

Lifer
Oct 10, 1999
26,369
1,879
126
Originally posted by: captains
Originally posted by: Saulbadguy
There aren't near enough White Castles.

qft


Hmm ... there's one about 10 minutes south east of where I work. There's also one about halfway home from work. Then, on my 20 mile drive home, I pass another about a mile from where I live.

I'm never too far from a White Castle ... mmmmmm
 

imported_nautique

Senior member
Jul 14, 2004
346
0
0
It's not always a good idea but I have a friend whose dad owns like 9 dunken doughnuts in fl and they do well and my dad used to own a mcdonalds in tn and it did well. Just location and luck. But thye have other people run them not themselves.