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Franchise Fee- Worth it ?
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The only person I know who has made a success of a franchise is a mate who bought in and has a MacDonalds in a prime spot, did cost him 250k though.
Don't fall into the trap of thinking Mcdonalds is a sure fire money spinner.
I know someone who was ruined with this franchise, he was going great guns for 4 years making a £200k profit for himself and then the franchisor hit him with a compulsory 160k restaurant re-fit bill that he had to fork out himself.
So he actually made less than his staff each year but didn't realise until it was too late.
Franchising is a mine field0
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