What might be the downside of buying a franchise VS buying commercial real estate VS a residential property. I'm not sure about the appreciation of the franchise but I think the profits will be disproportionally better than the rental properties. I know that ff joint might be more hands-on but profit sharing with manager/employees might save me that headache. TC 0 New grad, born with a silver spoon lol
There’s no Jimmy John’s in the entire South Bay. If you are thinking of getting a franchise, then consider having a JJ’s near an office or a university campus
I like their quick service more than their subs lol. Thanks
A recession can change things pretty quickly.
Could you please be more specific?
You can expect sales to fall during a recession since people will start losing jobs aka disposable income. Secondly, the credit environment may also become stringent and add pressure if you are planning on using short term debt to finance your business.
Please open a panda express in downtown Seattle. I don't even know if it's a franchise but open one anyways....plz...
Paaandassssss!!!! Kung pao chicken with string beans with mixed Veges and fwaird ryceee!!!!
I appreciate your enthusiasm but I was looking to get some opinions on the risks of ff franchise compared to real estate rentals .
Don’t. The franchise fast-food model is dying. RE costs, changing tastes, employee costs, massive franchise fees, increased competition are cutting into margins. Compare this with the rise of niche fast casual paired with delivery entities like UberEats/DoorDash etc and you are on the cusp of a *massive* disruption. Don’t believe me: Spend some time studying the shit show that is Subway. Cheers.
I thought Blind gives write access only after work email verification process. @chunlee how did u manage to do that with $0 TC whatever job? 😉
You thought wrong. There are several of us with $0 TC
Every evening I explore various fast food options.
🙄 go back to your cave.
I'm doing an McD run. Want anything?