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Old 07-21-2011, 01:16 PM  
Paul Markham
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Join Date: Jun 2001
Location: On the sofa, watching TV or doing my jigsaws.
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Quote:
Originally Posted by marketsmart View Post
very good information...

the franchise fee is only $35,000 and 5% of gross...

the total upfront cost will be around $200,000 including improvements and operating costs for the first 6 months...

even with a manager, they are claiming that the net profit should still be between $10,000 to $15,000 per month based on their average store, but like stated in this thread, i dont want to work in the store and if i can't be a hands off owner it probably wont make sense...




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So you want to spend $200k to let someone else run it for you?

I have a bridge to sell you.

Seriously, think about it. Never go into a business you don't understand unless you start at the bottom without putting up a lot of money. Never trust others to run it.

Researching on GFY is a bad start.
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