Become a Franchise Owner

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This topic contains 6 replies, has 6 voices, and was last updated by Hollowtips  hollowtips 2 years, 9 months ago.

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  • #465393
    +2

    Anonymous
    6

    This is an easy way to make more money in addition to what you already. Your salary should never be your only source on income. I’ve recently done some research and discovered the art of franchising business. Now what is franchising, franchising is being the owner of your own business that is under the name of a nationwide or global business.

    In other words, one business that I found interesting was Subway. It has a $15,000 franchising fee which would allow me to use the Subway name, and licensing. Then comes the training, (gotta know what running a SubWay entails.) So you go to training at their main HQ in Rhode Island for two week training. Then you’ll be able to go and buy a building, and SubWay will build the store. Long story short, you’ll be the owner of your own store and will have to run and operate it.

    SubWay was one of the thousands of different businesses that you can open up a franchise store of. It would be great for you to have a regular job and a franchise store owner job on the side. I’ve read some cases where a Subway owner made over $70,000 in profits yearly. Every case is different, some make more, some make less. But that’s money that you could put towards anything else that you want.

    Me personally, I saw 3 or 4 businesses that I would seriously consider doing when the time was right. Imagine being that guy in town that everyone knows as the big business owner running the city. You can do anything from restaurants, to coffee shops, ice cream shops, fitness gyms, even an urgent care medical center. Do some research, and find something that fits you. Hell tell the MGTOW crew about it, we have guys here from all over the world. You never know when something that is said on here, can help someone else later in life.

    Be a blessing to somebody else. Venom Out!

    #465401
    MGTOW Knight
    MGTOW Knight
    Participant
    7477

    I’ve actually looked into that. It seems like a good way to make income after retiring. My dad and his buddy are thinking of opening a frachise business after they retire. My dad is gonna retire in 5 years, so I’ll hopefully get some good insight into how they run it. Hell I might manage it for them.

    Fuck bitches... literally and metaphorically

    #465412
    +1

    Anonymous
    6

    I’ve actually looked into that. It seems like a good way to make income after retiring. My dad and his buddy are thinking of opening a franchise business after they retire. My dad is gonna retire in 5 years, so I’ll hopefully get some good insight into how they run it. Hell I might manage it for them.

    That will be good experience for you, maybe if the business does really well. They can open up another store and you can own that one. This is really a great opportunity, and not many people are going to take advantage of it. The one I really would like to open is that urgent care medical center, especially if I can open up a pharmacy along with it. I’m in the South, and with Soul Food comes bad health problems unfortunately. Just look at your area, and you’ll get a pretty good idea of what people will spend their money on

    #465596
    Jimbob15217
    jimbob15217
    Participant
    491

    Franchisees beware: unless you own the real estate where you intend to operate the franchise business (and your franchisor inspects it prior to authorizing the franchise and it meets with their approval as a site for a new franchise), you will most likely be leasing or subleasing your business premises from the franchisor. This creates an ongoing relationship between franchisor and franchisee and the rights and responsibilities of the two parties will be set out in the franchise agreement. And those provisions will be substantial. In other words, you cannot expect to sign the initial agreement and be rid of your franchisor. He will be your landlord or your co-signer and co-tenant. In addition to your monthly franchise fee you will be paying rent to your franchisor and you cannot expect your franchisor to lease the premises for you on a break-even basis. Indeed, most franchises derive the greatest part of their revenues from their real estate operations. Something to think about. Good luck.

    #465769
    +1
    Aussie
    Aussie
    Participant
    2509

    I just watched the movie “The Founder” Very interesting about the story of how Mcdonalds began and got huge. Well worth watching if you like that sort of thing.

    " I feel threatened "

    #466099
    +1
    Gerald
    Gerald
    Participant
    3620

    I nearly opened a Quizno’s a few years ago, then blue pill me got married. Love Quizno’s but glad I didn’t as they are mostly gone around here.

    No longer can we walk away, we must run. Remove the motive power.

    #466398
    Hollowtips
    hollowtips
    Participant
    681

    One of my uncles did this and went from having one to 4 dairy queens in one city after a couple of year. I don’t know how much money he was making but he started in his 30’s had no other day job and retired in his 50’s. He owns a cabin at a ski hill and has a paid off house that must be 4000-5000 square feet. Plus he had 4 kids so I’m sure over a 10 year period you could make a million dollars easily depending on what you franchise.

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