Franchising
11 Threads
Every franchisee must pay a royalty to the franchisor Every franchisor structures them differently Here are 7 different royalty structures:
Want to own a business, but don't have an idea? I've researched over 1,000 franchises this year. Here's the top 10 emerging franchises of 2022: https://t.co/9fD54r4YL4
Buying 1 franchise is typically buying a job.* But multi-location ownership is where real wealth can be made. Emerging franchises offer available territory and the ability to se...
12 business lessons I've learned from interviewing 12 multi-million dollar franchise owners:
DIPPIN' DOTS HAS BEEN ACQUIRED The "ice cream of the future" was purchased out of of bankruptcy for just ~$12M by Scott Fischer in 2011. Today, he sold it to J&J Snack Foods for...
There's a cookie franchise taking America by storm. Founded in 2017, Crumbl already has: β’ 428 stores open β’ Average revenue of $1.68M β’ Avg net profit per store of $357,000 π€―...
McDonald's is the KING of fast-food. But over the years they've ventured outside their core business, and experimented with burritos, pizza, & even selling DVD's. Here's a breakd...
Chick-Fil-A is closed every Sunday. Despite being open 52 less days each year, they generate more revenue per location than ANY restaurant in the world. Their success is no accid...
At it's peak in 2007, Quiznos had ~5,000 stores and was doing close to $2B in revenue per year. Today they have ~200 stores left and can't stop the bleeding. Here's how the toas...
#Didyouknow Sapphire Foods and Devyani International are two franchisees for Yum Brands in India? Yum Brands follows a dual franchisee system in India, similar to McDonaldβs. Sapp...
McDonald's doesn't sell burgers, it sells franchises. It's a real estate company, not a fast-food restaurant. [THREAD] https://t.co/CsmtAqYeHR
