I have an opportunity to purchase a Gloria Jeans from someone retiring. Seems pretty difficult to find any info on that particular franchise. Where do you sir e your numbers?
@@Vettedbiz United States, Wisconsin. I would be taking over for an existing location. That’s weird, I was looking at recent reviews from his location and others in the area, and the corporate response had said that there are more coming soon near us.
@@Vettedbiz thanks for replying. Here’s where I’ve been looking: • Transworld • BizQuest • BizBuySell • FranBizNetwork • Loopnet Right now, the best I’ve found (that is still available) is a FSR with a MVIC/SDE multiple of 2.99x (which seems slightly high. It seems like 2.22-2.25x are market?). I’d love to hear where you’ve seen QSR brands for sale?
@@Hcjfnzjc Bizbuysell has opportunities just difficult to navigate. We made a video on how to find the deals there- www.vettedbiz.com/franchise-for-sale-on-bizbuysell/ Also check out: www.wesellrestaurants.com/restaurant-for-sale-near-me/All AND www.nationalfranchisesales.com/listings
@@Vettedbiz thank you for advising. I’m submitting an LOI today for a QSR franchise that I found from We Sell Restaurants. Watched one of your videos covering this franchise and feel good about what I’m getting into. Now it’s time to find $2M of funding🤞🤙🏻
Chick fil A isnt that great because you DONT OWN ANY OF IT! You arent a owner, you are an ":operator"You arent allowed to own multiple units or any other franchise. I feel like the goal of a franchise is to have it become somewhat passive. You working in the background once you have a solid team and GM/leader. You are required to work at that Chick fil A. This is info Ive researched.
Most franchises require the owner to be actively involved for 1-5+ years. If you want a passive investment, buy stock in a franchise company like McDonald's
Why are we even talking about Chick-fil-A is an opportunity for anyone on this planet lest I found out you could wait for 10 years and might not be able to open one up it's almost impossible to open 1 of them up impossible possible I erase that of my list
You brought up a great point. The best opportunities are exclusive. Some Chick-Fil-A franchisees open much faster than 10 years. We talk about Chick-Fil-A because everyone is asking us about it.
Need help finding the right franchise? Click here:
www.vettedbiz.com/franchise-s...
At Titus Center we appreciate Chick fil A. We have a local franchisee who has helped 19 of our graduates become franchisees!
Wow! Impressive
I have an opportunity to purchase a Gloria Jeans from someone retiring. Seems pretty difficult to find any info on that particular franchise. Where do you sir e your numbers?
In what country? I don't think they are selling more franchises in the U.S.
@@Vettedbiz United States, Wisconsin. I would be taking over for an existing location. That’s weird, I was looking at recent reviews from his location and others in the area, and the corporate response had said that there are more coming soon near us.
What do you think of a Cinnabon franchise?
I loved it as a child. As a business, I think the payback period is a bit long.
What do you think of bubble tea franchises?
Low average revenue compared to the businesses on this list but good profit margins!
I read that service based franchises are a better investment rather than food ones do you agree?
@@behindthebuild8016 depends on the concept but generally payback period is shorter.
I want to own all of them Lmaoo🤣
Hahahah but you can just pick one!
I can’t seem to find any existing stores for these franchises on the market. 😤
Where have you looked so far?
@@Vettedbiz thanks for replying.
Here’s where I’ve been looking:
• Transworld
• BizQuest
• BizBuySell
• FranBizNetwork
• Loopnet
Right now, the best I’ve found (that is still available) is a FSR with a MVIC/SDE multiple of 2.99x (which seems slightly high. It seems like 2.22-2.25x are market?).
I’d love to hear where you’ve seen QSR brands for sale?
@@Hcjfnzjc
Bizbuysell has opportunities just difficult to navigate. We made a video on how to find the deals there-
www.vettedbiz.com/franchise-for-sale-on-bizbuysell/
Also check out: www.wesellrestaurants.com/restaurant-for-sale-near-me/All
AND
www.nationalfranchisesales.com/listings
@@Vettedbiz thank you for advising. I’m submitting an LOI today for a QSR franchise that I found from We Sell Restaurants. Watched one of your videos covering this franchise and feel good about what I’m getting into. Now it’s time to find $2M of funding🤞🤙🏻
@@Hcjfnzjc nice! Feel free to email me if you'd like some lender contacts. Patrick@vettedbiz.com
Chick fil A isnt that great because you DONT OWN ANY OF IT! You arent a owner, you are an ":operator"You arent allowed to own multiple units or any other franchise. I feel like the goal of a franchise is to have it become somewhat passive. You working in the background once you have a solid team and GM/leader. You are required to work at that Chick fil A. This is info Ive researched.
Most franchises require the owner to be actively involved for 1-5+ years. If you want a passive investment, buy stock in a franchise company like McDonald's
Why are we even talking about Chick-fil-A is an opportunity for anyone on this planet lest I found out you could wait for 10 years and might not be able to open one up it's almost impossible to open 1 of them up impossible possible I erase that of my list
You brought up a great point.
The best opportunities are exclusive.
Some Chick-Fil-A franchisees open much faster than 10 years.
We talk about Chick-Fil-A because everyone is asking us about it.