U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Florida > Tampa Bay
 [Register]
Tampa Bay Tampa - St. Petersburg - Clearwater
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 11-17-2009, 07:20 PM
 
1,139 posts, read 2,857,735 times
Reputation: 790

Advertisements

Am sure everyone did 'dream' or 'want to' quit their full-time job and buy another business or atleast run it on a part time basis to have alternative income.

The recession may have changed your plans but are you still considering it?

Business Week had an article on the evolution of 'Subway's $5 Footlong' and it seemed like successful entreprenuers had 5, 10 and even 50 franchises.

Do you really need to have several franchises to make decent money?

Does anyone here own a franchise here?
Reply With Quote Quick reply to this message

 
Old 11-18-2009, 08:16 AM
 
3,923 posts, read 10,292,044 times
Reputation: 5212
Not me personally, but a family I recently worked with has 19 Burger Kings .
Reply With Quote Quick reply to this message
 
Old 11-18-2009, 04:09 PM
 
Location: Naperville, IL by necessity; Pinellas by choice
214 posts, read 597,722 times
Reputation: 78
Depends on the franchise and buy-in can be VERY expensive. I've looked into a couple of companies and decided not to invest, at least not yet.
Reply With Quote Quick reply to this message
 
Old 11-18-2009, 05:06 PM
 
3,923 posts, read 10,292,044 times
Reputation: 5212
A good place to search for franchises is BizBuySell.com.
Reply With Quote Quick reply to this message
 
Old 11-18-2009, 05:27 PM
 
1,139 posts, read 2,857,735 times
Reputation: 790
Quote:
Originally Posted by TampaKaren View Post
Not me personally, but a family I recently worked with has 19 Burger Kings .
I guess that's how millionaires are made...

Am hoping there would be more franchise owners who will come forward and post their experience(s)..
Reply With Quote Quick reply to this message
 
Old 11-18-2009, 09:40 PM
 
515 posts, read 1,044,909 times
Reputation: 410
That's the kind of thing where there is likely to be a dedicated 'community' website with its own set of forums.
Reply With Quote Quick reply to this message
 
Old 11-19-2009, 04:20 AM
 
5,453 posts, read 7,755,838 times
Reputation: 2141
Quote:
Originally Posted by TampaKaren View Post
Not me personally, but a family I recently worked with has 19 Burger Kings .
That's horrible.....get rich making people fat! that's the way to become a millionaire! sorry I can't help it, I hate fast food......

However, how about YOU coming up with a healthy franchise? something that would keep people healthy? and then you franchise THAT to others......and maybe this way we can lower that 60% of the population being overweight and diabetic and lower some medical bills!!!!!!!!!!!!!!!!!!!!!!??? how's that?
Reply With Quote Quick reply to this message
 
Old 11-19-2009, 06:12 AM
 
1,139 posts, read 2,857,735 times
Reputation: 790
Quote:
Originally Posted by algia View Post
That's horrible.....get rich making people fat! that's the way to become a millionaire! sorry I can't help it, I hate fast food......

However, how about YOU coming up with a healthy franchise? something that would keep people healthy? and then you franchise THAT to others......and maybe this way we can lower that 60% of the population being overweight and diabetic and lower some medical bills!!!!!!!!!!!!!!!!!!!!!!??? how's that?
Am sorry. No one is asking you to visit the non-healthy franchise & eat your meal.
You have a CHOICE.

Anyway, am not here to debate what's healthy and unhealthy. so, please lets stick to the topic.

Am just surprised at the anecdotal evidence that owning 1 or 2 franchises just won't cut it out..you have to own several to make a decent living...
Is this the same for all franchises? Auto Mechanic Shops? Tax Services? Fast Food Places?
Reply With Quote Quick reply to this message
 
Old 11-19-2009, 08:42 AM
 
25,803 posts, read 39,007,818 times
Reputation: 13790
Some are asking a real high franchise fee that in order to make money you really have to have a low rent and other low costs otherwise you are just working for the franchiser and not making any money your self.

A lot of Westshore pizza's are for sale...
Reply With Quote Quick reply to this message
 
Old 11-19-2009, 08:59 AM
 
5,453 posts, read 7,755,838 times
Reputation: 2141
"Am just surprised at the anecdotal evidence that owning 1 or 2 franchises just won't cut it out..you have to own several to make a decent living...
Is this the same for all franchises? Auto Mechanic Shops? Tax Services? Fast Food Places?"

and it is over $200k to own ONE.......imagine having to buy more that one? I think with the money spent on one, you can actually open an original shop...............and end up making more money for yourself....
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2016 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Florida > Tampa Bay
View detailed profiles of:
Follow City-Data.com founder on our Forum or

All times are GMT -6. The time now is 09:34 PM.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top