Opening a franchise restaurant?

[Mayhem]

Who has done it? I am thinking about looking into opening a franchise that there is not any of around the area I live.

[TX CHICKEN]

I have been in the restaurant business (20 years in mgmt) my whole life and have looked into it several times and unless you are looking at a sandwich shop like Subway or Firehouse you will likely need $100k-$250 in liquid assets to even be considered. It is very expensive but can also be very rewarding. I have a friend who owns 7 Subways and has for 10+ years and he loves it.

[Mayhem]

I have been in the restaurant business (20 years in mgmt) my whole life and have looked into it several times and unless you are looking at a sandwich shop like Subway or Firehouse you will likely need $100k-$250 in liquid assets to even be considered. It is very expensive but can also be very rewarding. I have a friend who owns 7 Subways and has for 10+ years and he loves it.

I work in the commercial food industry and thinking about something along the lines of subway. It's a small type place but has potential IMO.

[RaiderSmoke]

I have 3 Dickey's Barbecue Pits and love it. What type of management are you interested in (hands on/absentee)? What are you looking at spending initially?

[Landrover]

Understand what the FDD is saying..........best to have a franchise lawyer to really understand the guardrails. Talk to the current franchisee's to understand the breakeven number, relationship with franchisor, average yearly net profit, labor costs, food costs, gross per square foot. Tons for great options and definitely the fastest growing segment in America!!!

[Hart8]

No help here,just a suggestion…open a Chick Fil A in Midlothian,and you will become rich beyond your wildest dreams.

[Keith]

I've thought about this many times over the years. I'll be watching.

[TX CHICKEN]

No help here,just a suggestion…open a Chick Fil A in Midlothian,and you will become rich beyond your wildest dreams.

Chick Fil A is a great company but pretty sure they don't franchise. They do treat their GM's like partners and they are great to work for.

[RaiderSmoke]

Chick Fil A is a great company but pretty sure they don't franchise. They do treat their GM's like partners and they are great to work for.

They are only franchises. However, you can only own a couple at a time.

[Mayhem]

I have 3 Dickey's Barbecue Pits and love it. What type of management are you interested in (hands on/absentee)? What are you looking at spending initially?

Im interested in opening a kolache factory franchise.

Absentee since I have a full time job.

[Landrover]

Im interested in opening a kolache factory franchise.

Absentee since I have a full time job.

They had a shakeup within the last 2 years but not sure what the outcome or reasoning was. I had lunch about 5 years ago with the founder (his daughter & SIL runs the corporation now) and the owner of Jakes Finer Foods.....both really great guys!

[CrookedArrow]

I inquired about a Rudy's BBQ to put here in Midland a few yrs ago. I was told they were not interested in opening one in the Midland/Odessa area.

Btw I wasn't fianincing it myself. My buddy with deep pockets was. Interesting thread.

[TX CHICKEN]

Im interested in opening a kolache factory franchise.

Absentee since I have a full time job.

Absentee franchisee's don't exist-or at least don't last from what I have seen. Unless you have someone very trustworthy to run it you WILL spend a lot of time dealing with it. I would look at other ways of investing the $ if you don't have time to be involved.

[curtintex]

I can other nothing except a promise that I will buy all of my kolaches from you.

[hully1029]

I would love to open a franchise, but i will never have the assets to do so.. Its depressing.