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Mutt · 11-03-2007, 02:51 PM

do a GFY search on username 'Hershie' and use keyword(s) 'donuts' - there are a bunch of threads over the years about franchises that he's posted. He knows of what he speaks, he owned the master franchise rights to Dunkin Donuts in upstate NY. he said he bailed before he had a heart attack before he was 40. you work for the company - they call every shot and what Hershie said in one thread, you can work your ass to the bone for 5 years and be ready to cash out and sell it to somebody else when suddenly the franchisor informs you that to keep your franchise you have to renovate all your stores to their brand new look and signage to the cost of 100K per store. that does happen. you don't have a say in that shit.

franchises aren't always just buying a job - if you get in on the right thing at the right time and work it as a family business you can lay the groundwork to wealth - i have an aunt and uncle who did it - actually 'had' - my uncle died many years ago and my aunt just died this year.

11-03-2007, 02:51 PM
Mutt Too lazy to set a custom title Industry Role: Join Date: Sep 2002 Posts: 34,431	do a GFY search on username 'Hershie' and use keyword(s) 'donuts' - there are a bunch of threads over the years about franchises that he's posted. He knows of what he speaks, he owned the master franchise rights to Dunkin Donuts in upstate NY. he said he bailed before he had a heart attack before he was 40. you work for the company - they call every shot and what Hershie said in one thread, you can work your ass to the bone for 5 years and be ready to cash out and sell it to somebody else when suddenly the franchisor informs you that to keep your franchise you have to renovate all your stores to their brand new look and signage to the cost of 100K per store. that does happen. you don't have a say in that shit. franchises aren't always just buying a job - if you get in on the right thing at the right time and work it as a family business you can lay the groundwork to wealth - i have an aunt and uncle who did it - actually 'had' - my uncle died many years ago and my aunt just died this year. __________________ I moved my sites to Vacares Hosting. I've saved money, my hair is thicker, lost some weight too! Thanks Sly!