Anonymous
10/06/2016 23:43
Subject: Re:Have you ever bought a franchise?
Depending of the franchising yes. I bought my business thru Michael K.he has a few business to sell in Maryland and DC. He may help you with your questions. easy guy to deal with.
michael@barschrealty.com
(708)2171666
michael@barschrealty.com
(708)2171666
Anonymous
10/04/2016 21:08
Subject: Re:Have you ever bought a franchise?
Anonymous wrote: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.
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?
Anonymous
10/04/2016 19:19
Subject: Re:Have you ever bought a franchise?
A friend bought a Subway franchise, $20,000.
A neighbor bought a McDonalds, he was a manager for years. I think he bought in for $10,000 but that was 25 or more years ago.
We were offered a pizza place buy in but family owned. Passed. He wanted $15,000 but we didn't trust his money skills.
A neighbor bought a McDonalds, he was a manager for years. I think he bought in for $10,000 but that was 25 or more years ago.
We were offered a pizza place buy in but family owned. Passed. He wanted $15,000 but we didn't trust his money skills.
Anonymous
10/04/2016 19:14
Subject: Re:Have you ever bought a franchise?
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.
Anonymous
10/04/2016 19:10
Subject: Have you ever bought a franchise?
What kind?
Anonymous
10/04/2016 18:46
Subject: Have you ever bought a franchise?
I'm thinking of buying a franchise in the area. Any tips? It's a lot of money to put down.