The Wolf of Franchises π
Sharing insights on franchises & the entrepreneurs behind them | @dunkindonuts stan | Tweets aren't financial advice |
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In 1997, a Mexican immigrant arrived in Dallas and opened a Golden Corral franchise. 25 years later, he owns & operates 1,200 franchises that generate over $1,000,000,000 in annua...
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€―...
In 1969, a tech hobbyist moved to Silicon Valley and began tinkering with some projects. 7 years later, he sold his video-game company Atari for $28,000,000 - and was itching to s...
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...
Despite the slogan βice cream of the futureβ, Dippinβ Dots went bankrupt in 2011. After a savvy acquisition by an oil tycoon for ~$12M, they now do over $330,000,000 in revenue pe...
Subway has more locations than any restaurant in the world. But they've been closing stores by the THOUSANDS in recent years. Here's the story of their controversial rise to succ...
In 1921, two entrepreneurs decided to launch a burger restaurant. But there was a problem: burgers weren't popular, or even considered safe to eat. Here's how White Castle change...
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...
McDonald's is temporarily closing 850 stores in Russia that account for 9% of total annual revenue. Credit to them: many corporations only play the PR game until it actually hurts...
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...