When a franchisee closes it’s doors and walks away from the six-figure investment, it’s almost always about the unsustainably low sales.
Does anyone believe the dodgey “We just chose to no longer be a franchisee of Qdoba’s†excuse by Qdoba Mexican Grill franchisee?
At say, “It is for personal reasons, unrelated to the performance of the business”, or “The location did not provide us with enough traffic in the non-lunch hours to cover the high lease payments”, or whatever the real reason may be.
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- Financial Performance Representations
- Krispy Kreme Example – Leases
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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 312-212-3423.
