An enthusiastic recommendation for the Silver Mine Subs franchise appeared on a post about the much-maligned Quiznos Sub franchise (Quiznos Franchise Lawsuits Just Keep On Coming).
Jeff claims that he’s a multiple unit owner of the small franchised sub chain, and heartily recommends buying one.
Jeff writes: You should have bought a Silver Mine Subs. We are working on a 3rd location. Areas are protected, so no worries about someone building right on top of you. My family has worked hard to create the new store model and this has been a very prosperous venture for us. I highly recommend this franchise.
Less than 24 hours later, Steve comments that he’s a lawyer who researched Silver Mine Subs for a client, and thinks there’s not only no silver in the mine, but that it’s caving in.
Steve writes: I’ve heard of Silver Mine Subs. If they are as great as you say there are, why did i hear they are selling off all of their corporate stores and closed two corporate stores in the last three years? Their UFOC shows multiple transfers with only a small pool of stores in the system. Those stores only work next to college campuses.
What’s the real story behind Silver Mine Subs? Are you familiar with its franchise program? Have you eaten there?
ARE YOU FAMILIAR WITH SILVER MINE SUBS?
ARE FRANCHISEES LIKELY TO GET A GOLD MINE… OR THE SHAFT?
SHARE A COMMENT BELOW.
Photo Credit: Historic reproduction of the Mr. GoldMine! franchise advertisement circa 1880 from the FranWorst.com Archives, Richard Quick, Esq. Collection. Used by permission.
Visit FRANBEST’s: Unbiased franchise information, franchise interviews and detailed, searchable information on 400 franchise and business opportunities.
Franchisees, customers & experts vote for their favorite new franchises at Top New Franchise: Who’s hot. Who’s not.