Here\'s your chance to find the perfect business opportunity for you! Visit the
ID: 2730258 • Letter: H
Question
Here's your chance to find the perfect business opportunity for you! Visit the website: http://www.franchiseexpo.com/Take some time to search this site and find a franchise opportunity that you think is interesting. In your research, try and determine what the initial franchise "buy-in" fee might be and where (geographically) you might be able to locate your franchise. Post your thoughts on what business opportunity you found most interesting (franchise name), how much it might cost (initial franchise buy-in fee), where you might like to locate your business, and why you find this particular opportunity appealing.Explanation / Answer
From the website Franchiseexpo.com, I would choose the Category "Food franchises" with an investment range of about $50,001 to $100,000 .
From the available list , I would choose John Smith Subs which is fast food franchise.
The manner in which I choose and go about setting up the :
1. The fast food industry growth would be high, since more people are getting accustomed to fast food in this ever increasing pace of life.
2. The Franchisee has already had about 9 units sold in different locations across the country.
3. I would choose a geographic location which is within the city limits near to many corporate offices where people would come in large numbers when there is break at office or at breakfast/lunch/dinner
4. I would additionally set up these fast food chain in office and university cafeterias since students and young office goes would be the most from whom I can generate maximum sales.
5. The investment initially would be about 100,000 to busy the franchise and additional infrastructure and marketing fee to generate sale would be about 200,000. The business would break even in about 2-3 years after which additional expansion would take place to improve sales.