Franchises. Any good ones?
#12
someone look up a Mrs Fields or Original Cookie franchise...A friend of mine was halfway interested in one since we see about 3+ carts at the mall plus the store in the food court. I told him I did'nt think it would be more than $25k for the cart and the avg sales are several hundred to several thousand daily on holidays...He told me that it was $500k+ for a franchise. I never looked it up but his price does seem awfully high to peddle some baked goods.
#13
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I thought a UPS store would be a great business, with minimal hassle. Especially with all these people selling their crap on e-Bay.
Then I realized there is already one 3/4 of a mile from my house.
Then I realized there is already one 3/4 of a mile from my house.
#14
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I bought a Sea Tow franchise and it's the best thing I've ever done. Basically Sea Tow is a membership / insurance program. I have a couple hundred members and I've towed 3 of them. It's very inexpensive to start up and Sea Tow International is very easy to work with!
Brian Hollis
www.SeaTow.com
Brian Hollis
www.SeaTow.com
#17
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Thanks for the replies, everyone. The UPS/Pack&Ship idea did jump out at me for the reason that it should have some growth potential due to the increase in home based businesses and internet sales. Like anything though, I think a lot depends on the location. Dollar stores seem to be popping up everywhere, too. I think location is EVERYTHING in that business. You would need a ton of traffic to generate the volume necessary to make it work.
I am just starting to seriously look for something that will be good fit to our skills and interests.
Keep the ideas coming. See ya, Doug
I am just starting to seriously look for something that will be good fit to our skills and interests.
Keep the ideas coming. See ya, Doug
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I read somewhere that Starbucks and Caribou Coffee (a newer coffee chain that is catching) make more money per franchise than anything else. Don't know if that's true, but sounds interesting.
Personally I'd try to buy a Harley franschise since they tend to print money, but the requirements for ownership are expensive. The nice thing is that (a former grilfriend's father had one but sold it around the time I met her) they tend to need little in the way or salesmen or mechanics since most customers know what they want and do their own wrenching. With a few knowleadgeable people and the right aftermarket equipment the franschises will print money into perpituity (but not as much as Burger King )...which is nice!
Personally I'd try to buy a Harley franschise since they tend to print money, but the requirements for ownership are expensive. The nice thing is that (a former grilfriend's father had one but sold it around the time I met her) they tend to need little in the way or salesmen or mechanics since most customers know what they want and do their own wrenching. With a few knowleadgeable people and the right aftermarket equipment the franschises will print money into perpituity (but not as much as Burger King )...which is nice!
#20
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Miller, did Starbucks recently begin to franchise? A few years ago, a buddy and I looked into one, and they did not franchise. The only exception to that was in special situations where they really wanted a store someplace, and one vendor controlled everything - like at a stadium, a rest stop, or maybe an airport.