It costs $10k to ‘own’ a Chick-fil-A franchise

Re:It costs $10k to ‘own’ a Chick-fil-A franchise by lonelappde on Sunday January 19, 2020 @04:56PM (#22094395)

A franchise is barely above MLM. Local "owner" is really an employee, takes on the risk and gets minimal profits.

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Re:It costs $10k to ‘own’ a Chick-fil-A franchise by kelnos on Sunday January 19, 2020 @04:58PM (#22094406)

For Chik-fil-A, yes, since corporate fronts all the money and owns the location and improvements; there, you're maybe a little more than an employee-manager, but not by much. For most others, not so much, since you own the result of your initial investment.

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Re:It costs $10k to ‘own’ a Chick-fil-A franchise by sixtypoundhound on Sunday January 19, 2020 @05:18PM (#22094519)

Uh...this is a common conflict between owner-operators and franchise groups.

Also a common area of abuse. There was a sandwich shop chain in the US where this got very ugly a few years ago...

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Re:It costs $10k to ‘own’ a Chick-fil-A franchise by reiichiroh on Sunday January 19, 2020 @05:32PM (#22094596)

Was it Quiznos with the franchisee committing suicide in the store bathroom with a shotgun?

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Re:It costs $10k to ‘own’ a Chick-fil-A franchise by sixtypoundhound on Sunday January 19, 2020 @05:35PM (#22094618)

Yup. But it was more than that one guy, the whole model was crap and they kept selling more units...

https://www.restaurantbusinessonline.com/financing/brief-his...

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Re:It costs $10k to ‘own’ a Chick-fil-A franchise by philwelch on Sunday January 19, 2020 @06:22PM (#22094859)

Which is really a shame since the sandwiches are so good.

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