Category Archives: Franchisor
Smashburger Attracts Five New Franchisees
There’s a new trend hitting the “fast food” world. Insiders are referring to it as the “better burger” concept, and one up-and-comer, known as “Smashburger”, has set its sights on Jacksonville. Smashburger recently announced its agreement with five new franchisees … Continue reading
Papa Murphy’s makes Forbes List of Top 20 Brand-Name U.S. Franchises
Forbes magazine has ranked the “take and bake” pizza franchise Papa Murphy’s International 5th on its list of top 20 U.S. franchises. To make the list, Forbes took into consideration four variables: estimated minimum start-up investment, total number of locations, … Continue reading
Firehouse is the 8th Fastest Growing Restaurant Chain
According to Technomic Inc.’s annual report on top U.S. restaurant chains, Firehouse Subs was the eighth fastest growing restaurant chain in the United States in 2010. Firehouse reported sales of $235 million in 2010, which was a 14% increase over … Continue reading
What are the Top 3 Tips for Evaluating a Franchise?
When deciding on whether or not to invest in a franchise, it is important to make a thorough evaluation of the franchise. The top three things to consider when evaluating a franchise are hidden costs, markets and marketing, and finances. … Continue reading
Stein Mart Posts Major 4th Quarter Profit
Stein Mart is a retail chain, headquartered in Jacksonville, Florida. The company recently posted a net income of almost $19 million for the fourth quarter, which ended on January 29, 2011. This is a significant jump in revenue given the … Continue reading
Subway Crowned New King of Fast Food Chains
Started by Doctor’s Associates, Inc. in 1966, Subway restaurants has officially surpassed McDonald’s as the world’s largest fast food chain. As of the end of 2010′s fiscal year, McDonald’s had 32,737 active locations, compared to Subway’s 33,749 franchises. To add … Continue reading
Freedom Boat Club Franchise Closes Two Jacksonville Florida Boat Club Locations
The entry fee for a lifetime membership in the Freedom Boat Club Franchise is $5000. Unfortunately, Jacksonville, Florida residents who paid the membership fee may be out of luck. Last August, Freedom Franchise Sales terminated its contracts with two Jacksonville … Continue reading
Questions Franchisees Should Ask Franchisors before Making a Purchase
The decision to purchase a franchise involves many factors, but there are ways for you to increase your chances of making the right move. Having a frank conversation with the franchisor is a great place to begin; the following are … Continue reading
Jacksonville, Florida Franchise, Orange Tree Hot Dogs, Still Expanding Despite Slow Economy
Jacksonville based fast food franchise Orange Tree Hot Dogs’ first restaurant was opened in 1968 at the Regency Square Mall by Peter and Carolyn Koppenburger. The family-owned business now has three corporate owned locations, eight franchise locations and is slated … Continue reading
Tips for Choosing and Financing a Florida Franchise Opportunity
With millions of people unemployed and fierce competition for jobs, many people are considering self employment. Currently, one of the most popular self employment options is to buy and run a franchise. A recent web article by a franchise financing … Continue reading