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Reply to "Have you ever bought a franchise? "
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[quote=Anonymous][quote=Anonymous]I bought a cleaning service franchise in the mid 2000s. I gradually bought 3 more. I sold them as a unit in 2014 to another franchise owner who was building up his portfolio. I made good money (each franchise brought me home anywhere from 70-220k a year, depending on year and location) but the employee turnover was a headache and I also didn't like playing the rules of and paying for the franchise. It was nice in that I still worked my 9 to 5 job the entire time. When I had my 2 location I hired a franchise manager and even with that cut it was still very profitable. [/quote] This is interesting. Did you charge more for cleaning depending on the area? Did you think that description of working for a cleaning service in nickeled and dimed was accurate?[/quote]
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