Quiznos in deep financial shit, Wall St Journal article ......


http://finance.yahoo.com/loans/artic...ge-quiznos-wsj

Then as an investment it does not make a great deal of sense. You have to buy all the kitchen equipment which means its immediately devalued because its `used`, you probably rent a property so that is lost money every month, you pay for the franchise so you do not even get the chance to build a marketable name of your own. Your only chance of success as a pure investment, is if you make the business work, and even then you have to consider what return you are getting in exchange for risk and amount of work put in.

Guys down is Brasil are buying Apartments when the property has not even started to get built, they wait 3 years for the property to be constructed and then sell for 50% more than they paid, or, they keep the Apartment, rent it out for a thousand or more per month, and their investment just keeps increasing while they earn a living from it. No work, very little risk, solid investment.
One guy I know, paid $90,000.00 3 years ago, now worth $260,000.00. Is going to sell and re-invest in another Apartment.

You are describing Arizona, California and Florida a few years ago. Your friend should keep that in mind .....


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Must be one hell of a sub shop. I suggest trying something a lot less costly for your first run. Last place I did I had less than $15k into. When I got tired of the 12 hour days 7 days a week it wasn't so hard to walk away. You can buy good used equipment all day long for pennies on the dollar from failed franchisees. Also seems the sub shops are in a pricing war right now due to competition so I'd imagine the profits are slim.

Yea but Brasil probably has a good amount of time. 2014 Football World Cup, 2016 Olympics, massive investment and massive boost to trade.
The new Oil finds off the coasts of Brasil will make it the 3rd or 4th largest exporter of Oil in the World, and the work is underway now, the investment that is taking place down here at the moment is enormous, and normally that would create a damn big bubble that could easily burst, but these Oil fields are going to keep it active for a fairly long time to go. Now is the time to invest in this region, especially is some of the areas where you can buy 10 acres for $60,000.00.

I owned and operated a sub shop and deli. Not a franchise though.

That would be the last type of franchise I'd look into buying.

I know no one will believe me but, I did own a franchised business for 3 years with multiple units and 40+ employess, lots of pitfalls, i only read the initial post but ill skim here a little before i add my two cents.

Your friend dodged a bullet. I know someone who got suckered into that, wound up taking a bath. I don't know how they are doing in the rest of the country but they are dying fast down here in FL. Meanwhile mom and pop ice cream shops are starting to boom. Go figure.



I looked into doing this a few years ago. Not real hotdogs though, veggie dogs. There's one in Orlando that does good business, was thinking about doing one in Ybor or downtown St. Pete. Doesn't take alot of money to get going, but even something as simple as a hot dog cart with other people manning it requires a time investment I just don't have right now, and in reality probably won't have for a few more years.

If I had a 9 to 5 working for someone else I could do it, but I can't stack a business on top of a business, not right now anyway.



I mean, in my opinion if you open up your own restaurant or you go with a chain you'd be looking at a min of a year or two of full time blood, sweat and tears getting it to where you want it to be. But I think if you were going to break out and do your own thing independent of a franchise it should be something you're passionate about, or at least something you have some hands on experience with.

If you launch your own concept you have total management over your costs, concept, etc- but the plus of going with a franchise is they put money into market research to try and stay on top of what people like and what people want. They are selling you a formula that has worked. Unless you have your finger on the pulse in that industry- especially with the high failure rate of restaurants-that's a pretty heafty dice roll.