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BlueMauMau, franchise news for franchisees - Buying a franchise



Advice or opinion on buying a franchise



 



Franchisee NPC Acquires 140 Restaurants from Wendy’s

Thu, 01 Jun 2017 18:24:46 +0000

NPC International, Inc. announced today that it has acquired 140 Wendy’s restaurants, previously operated by DavCo Restaurants LLC, from a subsidiary of The Wendy’s Company.

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Arby's Largest Franchisee Acquires 10 More Restaurants

Fri, 12 May 2017 11:04:09 +0000

(image) United States Beef Corporation, Arby’s largest franchisee, has acquired 10 Arby’s restaurants from the two Arby’s franchisees operating in Central Washington and Northern Idaho. The leaders of the Arby’s franchises being bought are Richard (Rip) Riva, president of Cascade Beef Inc. and Riva Real Estate LLC, and Deana Harris, president of 3 Rivers Roast Beef.

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Guide to Becoming a Restaurant Franchise Owner

Tue, 09 May 2017 11:21:21 +0000

Joe Sieve, who bought his first franchise restaurant 20 years ago when he was 24, admits that he didn't know what he was doing and made costly mistakes. He hopes to save new owners from some of those same mistakes by this primer of the rewards and pitfalls of the business and the steps to becoming a franchisee.

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Top Five Ways EBITDA Deceives

Thu, 09 Mar 2017 17:54:26 +0000

EBITDA (Earnings Before Interest, Tax, Depreciation and Amortization) is considered an important metric to look at when one is considering buying a franchise or small business. But hold on, advises this CTP (Certified Turnaround Professional). EBITDA deceives, he says, making the company look better than it really is. He goes so far as to call the metric "a fairy tale."

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Media Files:
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Former Hardee's Franchisee Buys 24 Pizza Hut Restaurants

Sun, 05 Mar 2017 14:48:18 +0000

Lisa Albert, an Atlanta businesswoman who formerly owned 25 Hardee's locations throughout the southeast, has finalized the deal to acquire 24 refranchised Pizza Hut units in the Baton Rouge area.

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Media Files:
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Seven Questions to Ask Your Franchisor Before Leasing Commercial Space

Tue, 21 Feb 2017 16:02:28 +0000

Many future franchisees think that when they join a franchise system, the franchisor will complete everything for them. Think again!

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Media Files:
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Lapels Dry Cleaning Introduces Area Representatives and Satellites

Tue, 27 Dec 2016 17:27:21 +0000

Lapels Dry Cleaning, a chain of over 70 franchised outlets by Hanover, Massachusetts based franchisor Next Step Franchising has launched an area representation multiunit franchise model to help it accelerate franchise sales throughout the United States.

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HVAC Franchisees Discuss the Franchise Experience

Wed, 23 Nov 2016 04:31:01 +0000

Why should an HVAC (Heating, Ventilation and Air Conditioning) specialist buy a franchise when he can be an independent businessman? Several franchisees share why they think that with the right company, the advantages are significant.

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Media Files:
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Franchisee Due Diligence of Franchisors: Lessons from Applebee's

Fri, 18 Nov 2016 04:44:06 +0000

In the November 2016 Restaurant Finance Monitor, published by John Hamburger and Franchise Times, there is an excellent article about current issues underway in the Applebee’s system. Applebee's problem is also broadly present in parts of the restaurant franchise space.

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Media Files:
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Franchise Earnings Disclosures Help Deliver Franchise System Growth

Thu, 17 Nov 2016 20:16:40 +0000

Buying a franchise is about choosing a business that you can make money at. It’s that simple. Passion for the brand is great, but passion doesn’t put money in your pocket.

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Forever Yogurt Multi-Unit Owner Tells How He Got Started

Mon, 31 Oct 2016 00:53:14 +0000

Sam Sheth, who owns three Forever Yogurt franchise locations and at least one Red Mango, shares how he chose Forever Yogurt over a couple of pizza franchises he was also considering and the road he's traveled since that decision around three years ago.

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Media Files:
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Multi-Unit Franchisee Freezes Moe's Expansion in Columbia, MO

Sun, 25 Sep 2016 22:02:27 +0000

Franchisee Jeff Offutt, who owns 44 Subway franchises, several Five Guys Burgers and Fries and 3 Moe's Southwest Grills, has put a hold on his plan to add a fourth Moe's in South Columbia because two of his three Moe's are doing "so-so" business.

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Media Files:
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Franchisee JAE Acquires Additional 97 Wendy’s Restaurants

Thu, 22 Sep 2016 18:10:10 +0000

(image) JAE Restaurant Group, the largest multi-unit franchisee of Wendy’s in south Florida, has acquired 97 new Wendy's restaurants throughout Palm Beach, Broward and Miami-Dade Counties, making it one of the largest employers in that area with a total of 5,453 employees.

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Tips in Recognizing a Franchise in Disguise

Wed, 07 Sep 2016 17:42:04 +0000

Due diligence to prospective franchise owners is important. Part of that process is governed by a rule promulgated by the U.S. Federal Trade Commission.

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Due Diligence Tips for International Franchise Opportunities

Fri, 12 Aug 2016 15:38:11 +0000

For readers who have traveled overseas, coming across certain American franchises may be a welcome reminder of home. Brands like Starbucks or McDonald's seem to have a ubiquitous world presence.

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