Buying into a franchise $$$$ thread - GoFuckYourself.com

OG LennyT · 07-28-2005, 03:22 AM

I have been more and more interested in buying a pizza joint , like Little Caesars or Hungry Howies... anyone know what kind of profit turnaround to expect from this? Can you tell me any pitfalls to expect??

Any experience?

teksonline · 07-28-2005, 05:32 AM

Little Ceasars is owned by K-mart, who seems to know squat about making a buck these days.... and quite frankly ruined the franchise once they bought it. Stay away from that one... (How can you have a pizza joint with no delivery service anyhow?)

Never Heard of Howies,

Pizza Hut is too well known for its heart clogging cardboard and taste.. Totally killed themselves with their poor ingredients and overmarketing how good it is. I would not eat this stuff if i was stuck in a desert, the sand tastes better...

Papa Johns, never had it myself, but they have a great reputation and marketing team... I'd go with them, have fun in franchise school!

teksonline · 07-28-2005, 05:34 AM

oh forgot to mention the real backbone of franchises, its all about location... spent 99% of your research on the location!!!

Sharky · 07-28-2005, 06:59 AM

Out of all the franchises I would own, a pizza join is not one of them.

A friend of mine runs several different frachise restaurants and tells me that his average "Profit" on each one is only about $40k/yr. He makes his money on volume.

Sosa · 07-28-2005, 07:14 AM

Quote:

Originally Posted by sharky

Out of all the franchises I would own, a pizza join is not one of them.

A friend of mine runs several different frachise restaurants and tells me that his average "Profit" on each one is only about $40k/yr. He makes his money on volume.

Each one turning 40k/year profit isn't too bad I don't think. If the franchise fees aren't too bad and you have good managers at each place running a good place you could do well. If you know what you're doing, you can do volume just like your friend and that 40k/year really adds up.

Barefootsies · 07-28-2005, 07:25 AM

Quote:

Little Ceasars is owned by K-mart, who seems to know squat about making a buck these days.... and quite frankly ruined the franchise once they bought it. Stay away from that one... (How can you have a pizza joint with no delivery service anyhow?)

Incorrect.

http://www.ilitchholdings.com/
http://www.ilitchholdings.com/Companies/companies.html

KMart might own a franchise, but they don't own Little Ceasers. Back on topic, I've heard that the restraunt business can be a risky venture from a number of investors, and people whom have tried. A pizza joint in a good location would probably do well. Especially in a nice suburb, or new development area. If you have a nice targetted delivery area, or minimal competition, you should probably do well til the others move in.

slapass · 07-28-2005, 08:21 AM

I looked at some franchises last year. I liked the idea of buying an existing local with a proven track record. The prices are all over the board for stuff like that. The reason i did not pull the trigger is most of them, you buy a job. Running a restaurant for 40k/year is not a lot of fun. And if that is on a good size gross, one inflated expense wipes that 40k out.

EroticySteve · 07-28-2005, 08:25 AM

I looked into a White Castle franchise a few years ago. One problem, they are privately held and have no interest in franchising. Krystal burger can't touch White Castle. The frozen ones are crap.

OG LennyT · 07-28-2005, 08:33 AM

I'm not worried about location as there are a plethora in the valley (potential hotspots)
The Little Caesars buy my house always has people out the door, especially on the weekend.

Thanks for the feedback, I appreciate it.

Paco, of Large Cash. · 07-28-2005, 08:40 AM

Little Caesars will always do well because the product is so cheap, partly due to the fact that they have a low overhead.

In addition, the amount of drunkards that stumble in will alone keep em in business.

Not everyone is sitting around, working or partying at the abode waiting for the pizza dude.

HushMoney · 07-28-2005, 10:15 AM

I heard there is good money in porn.

Nismo · 07-28-2005, 10:21 AM

My dad is friends with a man who owns several Subway's and he is making a killing. Also, it is one the cheaper franchise licenses to aquire. May want to look into those.

Fletch XXX · 07-28-2005, 10:24 AM

just dont buy into a fucking coffee house.

the last thing this world needs is more hangouts for hippies and pacifists

07-28-2005, 03:22 AM	#1
OG LennyT Wall Street Pimp Industry Role: Join Date: Jun 2003 Location: Phoenix, AZ Posts: 14,345	Buying into a franchise $$$$ thread I have been more and more interested in buying a pizza joint , like Little Caesars or Hungry Howies... anyone know what kind of profit turnaround to expect from this? Can you tell me any pitfalls to expect?? Any experience? __________________ Tradeking - my online broker \| 4.95 a trade \| make real $$

07-28-2005, 06:59 AM	#4
Sharky Confirmed User Industry Role: Join Date: Mar 2002 Location: Tampa, FL Posts: 4,938	Out of all the franchises I would own, a pizza join is not one of them. A friend of mine runs several different frachise restaurants and tells me that his average "Profit" on each one is only about $40k/yr. He makes his money on volume. __________________ Sharky

07-28-2005, 08:25 AM	#8
EroticySteve Confirmed User Join Date: Mar 2005 Location: The Sunshine State Posts: 4,365	I looked into a White Castle franchise a few years ago. One problem, they are privately held and have no interest in franchising. Krystal burger can't touch White Castle. The frozen ones are crap. __________________ You deserve to make more money. I'll help you do that. Our affiliates earn up to $3/email or $107/sale email steve <at> eroticy.com - icq 290153464

07-28-2005, 08:33 AM	#9
OG LennyT Wall Street Pimp Industry Role: Join Date: Jun 2003 Location: Phoenix, AZ Posts: 14,345	I'm not worried about location as there are a plethora in the valley (potential hotspots) The Little Caesars buy my house always has people out the door, especially on the weekend. Thanks for the feedback, I appreciate it. __________________ Tradeking - my online broker \| 4.95 a trade \| make real $$

07-28-2005, 10:15 AM	#11
HushMoney Confirmed User Industry Role: Join Date: Apr 2005 Location: Hermosa Beach & Miami, FL. Posts: 2,256	I heard there is good money in porn. __________________ Hushmoney.com Interracialpass Hushpass

07-28-2005, 05:32 AM	#2
teksonline So Fucking Banned Join Date: Jan 2005 Location: At My Desk Posts: 2,904	Little Ceasars is owned by K-mart, who seems to know squat about making a buck these days.... and quite frankly ruined the franchise once they bought it. Stay away from that one... (How can you have a pizza joint with no delivery service anyhow?) Never Heard of Howies, Pizza Hut is too well known for its heart clogging cardboard and taste.. Totally killed themselves with their poor ingredients and overmarketing how good it is. I would not eat this stuff if i was stuck in a desert, the sand tastes better... Papa Johns, never had it myself, but they have a great reputation and marketing team... I'd go with them, have fun in franchise school!

07-28-2005, 05:34 AM	#3
teksonline So Fucking Banned Join Date: Jan 2005 Location: At My Desk Posts: 2,904	oh forgot to mention the real backbone of franchises, its all about location... spent 99% of your research on the location!!!

07-28-2005, 08:21 AM	#7
slapass Too lazy to set a custom title Join Date: Nov 2002 Location: Earth Posts: 14,622	I looked at some franchises last year. I liked the idea of buying an existing local with a proven track record. The prices are all over the board for stuff like that. The reason i did not pull the trigger is most of them, you buy a job. Running a restaurant for 40k/year is not a lot of fun. And if that is on a good size gross, one inflated expense wipes that 40k out.

07-28-2005, 08:40 AM	#10
Paco, of Large Cash. Confirmed User Join Date: Jun 2002 Location: --> . <-- Posts: 2,267	Little Caesars will always do well because the product is so cheap, partly due to the fact that they have a low overhead. In addition, the amount of drunkards that stumble in will alone keep em in business. Not everyone is sitting around, working or partying at the abode waiting for the pizza dude.

07-28-2005, 10:21 AM	#12
Nismo Confirmed User Join Date: May 2002 Location: FLORIDA Posts: 4,977	My dad is friends with a man who owns several Subway's and he is making a killing. Also, it is one the cheaper franchise licenses to aquire. May want to look into those. __________________ i buy massive xxx dating traffic.

07-28-2005, 10:24 AM	#13
Fletch XXX GFY HALL OF FAME DAMMIT!!! Join Date: Jan 2002 Location: that 504 Posts: 60,840	just dont buy into a fucking coffee house. the last thing this world needs is more hangouts for hippies and pacifists __________________ Want an Android App for your tube, membership, or free site? Need banners or promo material? Hit us up (ICQ Fletch: 148841377) or email me fletchxxx at gmail.com - recent work - About me