Bruce Kennedy, Benzinga Staff Writer reports that the recent Chapter 11 filings of two national restaurant chains, Sbarro and Quiznos, are drawing new focus on the opportunities and challenges faced by franchises. U.S. Census Bureau data from 2007 showed franchise businesses employed over 58 million U.S. residents, while bringing in revenues, sales, shipments or receipts of over $7.6 billion. And […]
7-ELEVEN Franchise Lawsuit Alleges Stalking and Harrassment of 7-11 Franchisee
(UnhappyFranchisee.Com) by Sean Kelly A successful, multi-unit franchise owner who was the 2008 Franchisee of the Year is suing 7-Eleven, Inc. for stalking, harrassment, intentional infliction of emotional distress, and for running him down outside a CVS Pharmacy. [It’s the 2nd lawsuit of the day filed against 7-Eleven. Also see 7-ELEVEN Patel Franchise Lawsuit Alleges 7-11 “Storm Trooper” […]
Quiznos Goes Bankrupt My Three Observations and One Possible Salvation
Quiznos filed for bankruptcy late last week. Interesting enough the Quiznos franchise chains troubles at a time when similar sandwich franchises like Subway and others seem to be thriving. Serious flaws and seemingly fraudulent practices in the Quiznos’ business model led to the company’s demise. Here are my basic three observations for the chains seemingly […]
Failure to Pass Franchise Protections 20 Years Ago Cost Maine More Franchised Units
In 1994, Legislative document 1916, or as some people remember it — The Franchise Practices Act, was shot down by Governor John R. McKernan, Jr. even after it passed both the Maine House of Representatives and the Maine Senate. Leonard Kovit, owner of 5 Meineke’s in Maine and New Hampshire in 1994, remembers the bill […]
7-ELEVEN Aggressively Seizes Franchisee Equity
Unhappyfranchisee.com has been covering the aggressive tactics of 7-11 Corporation in seizing the assets of its franchisees. The story of the Patels from Riverside, California who lost their store after 19 years of operation, stands out, mostly because of the reaction from the Riverside Community in protesting 7-11 seizure of the Patels 7-11 franchise. SIGN […]
FBR Survey 26% of Franchisees in Maine Do Not Trust their Franchisor
The Franchise Business Review published a report n the State of Franchising in Maine. Here are the findings: 26% Don’t trust their Franchisors 23% Believe That the Franchisor Does not operate with a high degree ofhonesty and integrity. 22% would not recommend their franchise to someone else. 22% Do not respect their franchisor. 18% Feel […]
Sign this Petition: Veterans Deserve Success NOT Matco Tools Franchise Failure!
Our Soldiers deserve an opportunity to SUCCEED as a Franchise owner not become another VICTIM of a “Churn and Burn” Franchise SCAM. Matco Tools is a VetFran Opportunity Our Soldiers deserve an opportunity to SUCCEED as a Franchise owner not become another VICTIM of a “Churn and Burn” Franchise SCAM. Sign this Petition to IFA […]