The Wolf of Franchises π
Sharing insights on franchises & the entrepreneurs behind them | @dunkindonuts stan | Tweets aren't financial advice |
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A typical Planet Fitness has 7,500 members, of which only ~10% show up on a given day. In fact, the large majority of their 17,000,000 members worldwide rarely go to the gym. The...
My top 10 threads in 2022 generated: β’ 50,000 likes β’ 9,000 retweets β’ 16,000,000 impressions From Pizza Hut to Panda Express, here are the top 10 stories I told this year: https...
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
What has smoked brisket, beaver nuggets, and a whole lot of gasoline? Only 1 business on planet earth. Meet Buc-ee's, the most interesting gas station in the world: https://t.co/...
In-N-Out Burger has a cult following unmatched by any other brand. New restaurant openings create 14+ hour lines that require cops to manage the overflowing traffic. Here's their...
1 year ago I started this twitter account. 48,000+ followers later, here's everything I've learned so far: https://t.co/5xtXPWsq3B
In 1971, a 28 yr-old bought the rights to Burger King in Australia. But upon realizing the trademark was taken, he rebranded to "Hungry Jack's". After growing it into a national...
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...
In 1985, two friends went all in on starting their own restaurant. In the next 15 years, they'd watch it grow to 1000+ locations, IPO, go bankrupt, AND get acquired by McDonald's...
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...
In 1970, a businessman bought the rights to bring McDonald's to Japan. But when CEO Ray Kroc arrived 3 days before the 1st store was set to open, he was SHOCKED. Construction ha...