Sorry for the gap in posting…my time has been clipped by some legal and political endeavors.
Everyone reading this blog should already know this basic pros and cons of opening a franchise, but here is short article listing most of the basic points.
We mentioned DoodyCalls in a previous post and liked the witty franchise, and it looks like they are expanding easily across the US. It’s the type of service that may make a good acquisition candidate for one of the many cleaning or maid services.
Cold Stone has grown very quickly, though the franchisees I’ve spoken to say their store are barely churning a positive operating cash flow. Ice cream catering is becoming a popular side business for the franchisees, especially at kids parties and bar mitzvah where parents are willing to spend big bucks.
I’m surprised to see Panera Bread franchises selling for only about $1.3 million each which include repurchasing some area development rights in Indiana.
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Ryan is an attorney and valuation specialist residing in Chicago. He chronicles his thoughts and research on FranchisePundit.com. You may reach him by email ryanknoll@gmail.com or mobile telephone 312-715-8115.
There’s an interesting article on the dog phenomenon at a franchise blog site open to all bloggers at http://www.bluemaumau.org.
Doodycalls is a great name. Easy to remember and know that the franchise is about scooping up dog poop. Camp Bowwow is another one that is growing by leaps and bounds. The market dynamics are ripe for this kind of service. As we consumers become busier, spend more time at business, have more options for our free time, but still need the close touch that a pet can provide, dog day care and services will grow for a long, long time. Pet care and particularly premium pet care services and products as a whole are booming.
So, I quite agree. I’d watch out for Doodycalls, but I’d also add Camp Bowwow to my list of hot franchises, IMO. The fundamentals are supporting such concepts.
Does anyone know what they charge for “pick up”?