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FranchisePick.com Gets a New Look
As part of the launch of the new b5media Bizzia business blog portal, FranchisePick.com has a new header and blog design. FranchisePick.com is now a “featured” blog in the new Bizzia.
Check out the b5media Bizzia blog portal.
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Why Your Quiznos Won’t Give You a Free Sub
Why oh why would Quiznos announce a million sub giveaway, and then issue free sub coupons that your local franchisee won’t honor?
Because Quiznos’ amazing talent for shooting itself in the foot is surpassed only by the speed with which it reloads.
To put it simply, Quiznos corporate decided to give away 1,000,000 subs that weren’t theirs [...]
MCDONALD’S: Toledo Franchise Owner Leaves an Inspiring Legacy
I never met James Cobham, Jr., or even heard of him until today. I imagine you didn’t, either.
Too bad for us.
According to his obituary in the Toledo Blade, James Cobham, Jr., 65, was a successful McDonald’s franchise owner who died this past Sunday. I found it striking that Cobham’s family and friends did not [...]
QUIZNOS, COLD STONE, SUBWAY & CURVES TOP FRANCHISE LOAN DEFAULTS
According to a Wall Street Journal article by Richard Gibson, the number of SBA-backed loan defaults by franchisees increased 52% in the fiscal year ended Sept. 30, 2008, from fiscal 2007. Loan losses totaled $93.3 million, a 167% jump from $35 million just 12 months earlier.
Quiznos Sub had the highest number of loan defaults, [...]
QUIZNO’S: Rick Schaden, CEO… He’s Ba-a-a-ck!
Quiznos has announced that CEO Dave Deno has resigned and the franchisor’s founder and largest shareholder, Rick Schaden, is taking over the reins again as the chief executive.
Deno had joined Quiznos as president in 2007 and became CEO last September. The company statement said he resigned “for personal reasons.” Schaden had stepped down [...]
NEXCEN’S PRETZEL TIME to Rebrand as PRETZELMAKER
NexCen Franchise Management Inc. has announced that it beginning this April it will combine its two mall-based pretzel concepts, Pretzelmaker and Pretzel Time.
Initially, Pretzel Time locations will transition to the Pretzelmaker name; eventually, most Pretzelmaker locations upgrade to a new logo and store design. According to QSR Magazine:
The consolidation of Pretzel Time into [...]
CUPPY’S COFFEE: A Franchise Without a Franchisor
If ever there were a group in need of an economic bailout, it would be the hundreds of victims of the most blatant franchise scam in recent history: Cuppy’s Coffee. Just in case any government official or agency cares (why start now?), there are three distinct groups of victims struggling to recover from their own [...]
CORK & OLIVE: Bankrupt Wine Store Franchises Being Auctioned
The contents of two bankrupt Cork & Olive wine stores are up for auction.
See them here: Bay Area Auction Services
Read more about the Cork & Olive WINE STORE FRANCHISE woes here:
Cork & Olive Franchise
CORK & OLIVE: Michael Probst Forms New Corporation
CORK & OLIVE: Oldsmar Store Reopens; C&O Coming to Ocala?
CORK & OLIVE: [...]
1-800-DRYCLEAN: Failed Franchisee Taken to Cleaners?
A commenter named James claims he was taken to the cleaners by Service Brands, Int’l. He recently closed his 1-800-DRYCLEAN franchise. What do you think?
My name is James, I owned a 1-800-Dryclean franchise. 1-800-DryClean is a national franchise operation. The franchisor’s U.S. home office is in Ann Arbor, MI. 1-800-DryClean is part of Service Brands [...]
LA WEIGHT LOSS: New York Members to Receive Refunds
New York Attorney General Andrew Cuomo announced last week that LA Weight Loss Centers Inc. reached a settlement to pay $275,000 in refunds to thousands of New York state customers who paid for but never received services after LA Weight Loss closed its doors in January 2008.
Read more here: LA Weight Loss to Pay Refunds [...]
