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Mike AI

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#1

Best Franchise Reaturant

05-10-2003, 06:28 PM

Seeing PK's post on Subway, got me thinking....

What is your favorite franchise reasturant?

If you could open any franchise store, which one would it be? Which would make the most money?

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#2

05-10-2003, 06:29 PM

Bubba's Quick-E-Mart
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#3

05-10-2003, 06:30 PM

KFC or TacoBell

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#4

05-10-2003, 06:31 PM

Originally posted by EscortBiz
KFC or TacoBell

Of all the KFC's I've seen, save for 1 or 2, they've all been scarce for customers. Doesn't anyone like KFC anymore?
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#5

05-10-2003, 06:33 PM

I like logans ribs.

Fudruckers has killer burgers and mustard.

Caspers has the best hotdogs and garlic fries.

Cattlemens steak house "northern california thing" is the best steak house period.

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#6

05-10-2003, 06:37 PM

McDonalds was the highest grossing franchise in 2002...Subway was 2nd... but I'd open a 7-11 or some in-out convience store(plan to do that in the next 3 years)...Less up front money,steady business when you pick the right area,not as many hassles obviously...not as much profit since theres one on every corner but it's still a good investment

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#7

05-10-2003, 06:38 PM

Guess I got confused with franchise resturant and fast food place.

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#8

05-10-2003, 06:39 PM

I love KFC!

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Mike AI

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#9

05-10-2003, 06:39 PM

Yeah the KFC - Taco Bell is a good thing... the combos are nice, with 3 reaturants in one place.

Subway is good, lots of name recognition.... but wonder if there are any places that does not have a subway now...

Anyone have a Buffalo Wild Wings sports bar around?

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#10

05-10-2003, 06:40 PM

Originally posted by nocostporn
not as much profit since theres one on every corner but it's still a good investment

There is definately "as much" profit and usually more.

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#11

05-10-2003, 06:40 PM

BAja Fresh, Rubios or Taco Cabana

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#12

05-10-2003, 06:41 PM

Originally posted by freeadultcontent
Cattlemens steak house "northern california thing" is the best steak house period.

Ever been to Smith & Wollensky's or Mortons?
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#13

05-10-2003, 06:42 PM

I used to own 2 Dunkin Donuts franchisee's in upstate NY for 5 years. I sold them in the early 90's. It sucked in numerous ways. Mostly, it was the the sleep deprivation from having a store that is open 24/7/365 employed by mostly minumum-wage high school kids who don't give a rats-ass about your store and their ability to consistently show up for all their shifts let alone act like a professional on the job. The day never ended. I thought I would die of stress before 40 if I kept at it so I sold and moved to Silicon Valley and started up an Internet biz.
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#14

05-10-2003, 06:42 PM

NoCostPorn, lots of 7-11 times of business' have been having problems down south.... hard to compete when you have walgreens on every corner, and are upon 24 hours now.

I think 7-11s are a dying business.

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#15

05-10-2003, 06:43 PM

popeyes chicken. run one of them in the ghetto and you make bank.

Ever notice that pretty much everything added to the Constitution after the original was a mistake.
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#16

05-10-2003, 06:44 PM

Hershie, that is a good story - imporant lessons to learn there.

Yeah best steak house chain - Ruth Chris - without a doubt!!

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#17

05-10-2003, 06:44 PM

Originally posted by stocktrader23

There is definately "as much" profit and usually more.

depends I guess...Where I use to live there were 5 convient stores within a 3 mile radius..on the other hand theres a 7-11 leading off a high trafficed 2 way road that everybody coming out of the town uses to go to work...hard to get a location like that though

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#18

05-10-2003, 06:45 PM

Subways are a crappy franchise to get into unless you have the financial wherewithall to open several and get economies of scale right away. Look at their prospectus they must give to potential franchisees. It states that the liklihood that you will make money unless you open up multiple stores is slim. You are in effect, buying yourself a job to stand there and smaear mustard on ungrateful people's subs all day or hire someone and lose even more.
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#19

05-10-2003, 06:46 PM

popeyes chicken. run one of them in the ghetto and you make bank.

HEHE I am in New Orleans, home of popeyes... I like their chicken better then KFCs...

Funny thing is outside of NO - people consider Popeyes ghetto.... ( though I guess since NO is mostly ghetto - it makes sense)

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#20

05-10-2003, 06:48 PM

Originally posted by Mike AI
NoCostPorn, lots of 7-11 times of business' have been having problems down south.... hard to compete when you have walgreens on every corner, and are upon 24 hours now.

I think 7-11s are a dying business.

our area is like the fuckin 7-11 capital lol..They are looking to franchise 80 more this year... Wa-Wa is moving in though ut I don't see 7-11 going anywhere,the way the stores are branded and so simple I couldnt see them dying...I havent seen ONE 7-11 close in the MD/DC area.. a lot of fast food restaurants though

you can get in for under $50k...worth the chance for me,thats my plan when I'm done in adult

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#21

05-10-2003, 06:50 PM

McDonalds franchisees are up in arms and losing their shirts lately. Besides cannibalization from haveing too many close by in the US...they were forced to spend $100k retrofitting their kitchens a few years back for the "just in time" menu cooking scheme they came up with in head office to lure people back who hated the heat lamped burgers sitting around. Same store sales are slipping every year and costs are going up because of their discounted menu offerings. They haven't had a menu success since Chicken McNuggets in the early 80's. Unless you own a bunch of McDonalds and can weather the storm - you are losing money if you have anywhere near the average sales volume of their stores.
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#22

05-10-2003, 06:52 PM

krispy kreme

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#23

05-10-2003, 06:53 PM

question for anybody that has info on the subject...how do icecream shops do? Carvel icecream cost over $100k to franchise and you have to have a gigantic net worth...is there a lot of money in icecream??...never went to buy icecream from other than the grocery store before lol

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#24

05-10-2003, 06:57 PM

outback

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#25

05-10-2003, 06:59 PM

Denny's. It's the same food you get at any other fast-food restaurant, except that you pay twice as much for it.
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#26

05-10-2003, 08:21 PM

Originally posted by Mike AI
Seeing PK's post on Subway, got me thinking....

What is your favorite franchise reasturant?

If you could open any franchise store, which one would it be? Which would make the most money?

Copeland's.
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#27

05-10-2003, 08:23 PM

Claim Jumper

Chart House

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#28

05-10-2003, 08:30 PM

chickfila

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#29

05-10-2003, 08:31 PM

Originally posted by Gutterboy

Ever been to Smith & Wollensky's or Mortons?

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#30

05-10-2003, 08:34 PM

Originally posted by AdultNex

Of all the KFC's I've seen, save for 1 or 2, they've all been scarce for customers. Doesn't anyone like KFC anymore?

You must not be in the south. They're packed down here. Everybody loves that soul food.

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#31

05-10-2003, 08:40 PM

Originally posted by rooster
popeyes chicken. run one of them in the ghetto and you make bank.

First I just realized that your nic is Rooster and you just mentioned popeyes..LOL, kinda cute.

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#32

05-10-2003, 08:40 PM

planet smoothie not really a resturant but damn good smoothie's and only 30-40k investment to be part of their chain plus your building cost i believe you can read up on it here
http://www.planetsmoothie.com/opportunities/signon.html

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#33

05-10-2003, 08:48 PM

if you're going for a money making franchise TGI fridays is the shit. any popular restaurant driven by alcohol sales actually would be a good choise. in a restaraunt alcohol can account forr 60% of your profits. my day job is a cook at TGI Fridays, and we do about $18,000 - $20,000 a night on a busy weekend.

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#34

05-10-2003, 08:51 PM

Chic-Fil-A

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#35

05-10-2003, 09:02 PM

Hershie's right about Subway, i looked into it a long time ago, all you're doing is buying yourself a job. Most people though do add franchises, 10 franchises making 30 grand each ain't bad.

Best thing to do is find a franchise that isn't in your area, then do research and then see if the franchise corp is willing to open up in new territory.

Chick-fil-a isn't all over America and Canada, might be a good one.
In n' Out Burger is just West Coast. The way people talk about it I'd definitely check it out.

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#36

05-10-2003, 09:02 PM

Originally posted by stocktrader23

There is definately "as much" profit and usually more.

good money in alcohol and tobacco
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#37

05-10-2003, 09:04 PM

A third on Chick-fil-A! Heck, you get Sunday's off.

But it's VERY tough to buy a franchise. He's very religious and very picky. We sold my grandfather's farm to him and he turned it into a home for foster kids. Genuinely an incredibly good person who turned it into a good company.

Not to mention the best damn chicken sandwiches and lemonade!
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#38

05-10-2003, 09:06 PM

Originally posted by Mike AI
Yeah the KFC - Taco Bell is a good thing... the combos are nice, with 3 reaturants in one place.

Subway is good, lots of name recognition.... but wonder if there are any places that does not have a subway now...

Anyone have a Buffalo Wild Wings sports bar around?

Yea, there's a few BW's here... actually, I had lunch there today. I usually go once a week... steady crowd, good food, reasonable price
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#39

05-10-2003, 09:17 PM

I would open a Krispy Kreme--it is the sucrose version of crack cocaine. You have people lining up both on foot and in cars for this stuff. It's sick--has bling bling written all over it.

Good luck getting a franchise though.

Second place: Papa John's Pizza. Makes money like gangbusters plus it seems fun
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#40

05-10-2003, 09:21 PM

Originally posted by goBigtime

good money in alcohol and tobacco

Tobacco has the lowest markup next to gas.

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#41

05-10-2003, 09:21 PM

Originally posted by BadBoyBill4281
planet smoothie not really a resturant but damn good smoothie's and only 30-40k investment to be part of their chain plus your building cost i believe you can read up on it here
http://www.planetsmoothie.com/opportunities/signon.html

hmmm sounds good. How much to expect in profit every year, though?
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#42

05-10-2003, 09:23 PM

Originally posted by stocktrader23

Tobacco has the lowest markup next to gas.

Volume, brotha, volume. With over 20 million smokers (in the US alone!) averaging 1 pack every day...that's a shit load of $$$ even if markup is cents on the dollar.
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#43

05-10-2003, 09:31 PM

Bubba Cathy is my neighbor and the owner of *ALL* Chick-Fil-A's with his father, Truett (the founder of the company). There are no franchises.....all of the stores are owned by the family.

Someone said Claim Jumpers. I do not know anything about their franchise availabilities, but I have eaten there in PHX and SEA and both were fantastic....and PACKED with people.

My suggestion is P.F. Changs, but I am almost sure that they require you to manage a location for 2 years before they will make you a partner (what they call their franchise owners).

Mike, I have a friend in Tampa that you may know that is selling something like 100 Wendy's Restauraunts....why not just buy his?

--T
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#44

05-10-2003, 09:48 PM

Originally posted by SweetT
Bubba Cathy is my neighbor and the owner of *ALL* Chick-Fil-A's with his father, Truett (the founder of the company). There are no franchises.....all of the stores are owned by the family.

You can get a CFA franchise - you just never legally "own" it - you're called an "operator". I think right now the fee is $500K to get a franchise. I knew someone that did this 15 or so years ago and got booted because of an extra marital affair. Ol' Truett wasn't happy, lol, and he wants to keep control of who's running the stores!

Truett is who we sold the ranch to. He wanted us to donate it, hehehe. The day I can donate a few million is the day I stop posting in message boards.

All this talk is making me HUNGRY!!
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#45

05-10-2003, 09:57 PM

Hey Peaches!! How goes it?? How was the weather last week up there? I was told that I might want to come up and check on my place up there, but I havent even had time to call....I figured someone would call me if it was hit by a tornado or something

I am not really sure about all of the details on the franschise thing, but I was under the impression that an Operator was just a glorified manager that had some incentives built in. I was also told that it was only like $5k to become an Operator and you never owned a single percent of the stock and that it was generally designed for a way to reward good employees of the company......but I could be wrong.

--T
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#46

05-10-2003, 10:11 PM

The KFC on 8 Mile Rd. in Detroit probably does 5 million a year in sales or more. The one on 7 mile and the Lodge used to run out of chicken at night when I used to hang with a friend down there 10 years ago.

lol

Me personally? I'd pick SubWay.

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#47

05-10-2003, 10:14 PM

...the burger business is tough business. My brother owns about 60 checkers locations down south and from what I'm told the burger wars are hell.

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#48

05-10-2003, 10:17 PM

In 'n Out Burger is really hot here, but from what I gather its hard to get franchises. I drive by the only In 'n Out in the East Bay every so often, and no matter what time of day there are always 30+ cars backed up around the parking lot waiting to get into the drive thru.
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#49

05-10-2003, 10:26 PM

My personal favorite chain is a restaurant called Nando's in the UK. Best grilled food I have had in a fast food restaurant!

But, for profit I would open up a Wet Willie's style frozen daiquiri bar in every warm market in the world.

Nothing sells better than drinks and buffalo wings!

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#50

05-10-2003, 10:26 PM

Originally posted by Gutterboy
In 'n Out Burger is really hot here, but from what I gather its hard to get franchises. I drive by the only In 'n Out in the East Bay every so often, and no matter what time of day there are always 30+ cars backed up around the parking lot waiting to get into the drive thru.

Hell yeah its the shit and great food too

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