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Anybody ever bought into a Franchise?

Posted on 6/25/15 at 10:27 pm
Posted by Rover Range
Member since Jun 2014
2768 posts
Posted on 6/25/15 at 10:27 pm
I'm considering buying into one, but would need help with a private investor or SBA loan. What is some pertinent information I need for the potential investor from the Franchisor? I


The total cost to buy in

The financial performance of the stores that are currently open in the US

The investors ROI

List of costs

Franchise agreement

Any insight would be appreciated
Posted by undrafted
DHA
Member since Oct 2009
1000 posts
Posted on 6/26/15 at 9:36 am to
Yes my siblings and I bought into one and I would worry way more about the person managing it that anything else. We are part of a fund that owns a few franchises and I hate it. The guy that runs it is just a money guy and the restaurants need restaurant people managing them.
Posted by Rover Range
Member since Jun 2014
2768 posts
Posted on 6/26/15 at 10:11 am to
Well if I buy into this particular franchise, I would run operations. Not the restaurant industry; clothing industry.
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 6/26/15 at 11:45 am to
Theft is a huge deal
Posted by LSUFanHouston
NOLA
Member since Jul 2009
36994 posts
Posted on 6/26/15 at 12:32 pm to
I tried buying an NFL Franchise, they told me I didn't have enough money.

If I were to invest in one as a silent investor, I would want to know about your background, why you are qualified, and what the market looks like in your area.
Posted by broadhead
Member since Oct 2014
2099 posts
Posted on 6/26/15 at 2:05 pm to
Yes, and it was a huge mistake. In the future I will only consider huge established brands like subway, smoothie king and the like to get into.
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