I enjoyed reading about Unique Pizza & Subs’ franchising strategy of converting a local mom-and-pop pizza shop in each town within 100 miles of a company-owned store. In theory, I imagine this can work quite well for the franchisor with the right sales team.
Similar Posts:
- Royalty and Advertising fees of sandwich franchises
- Pizza Inn Soap Opera
- Donatos Shedding Corporate Stores
- The Friday Franchise Five: I’d Wouldn’t Buy These
- Some Sales are Up – Panera, Buffalo Wild Wings
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.
Have you looked at their financials? I don’t think that the conversion strategy is working.
No, I didn’t look at the financials. I took a quick look at Yahoo! finanace and didn’t see much. My guess was Unique would gain enough efficiencies (both franchisees and franchisor) if they stacked one city at a time. Looks like Unique’s management is not particularly successful or loyal to executing the plan.
This is fascinating to me, as I am following the company’s stock performance. (UPZS.PK on yahoo finance)