I walked door to door trying to get some accounts by discounting my shipping charges. If they don’t agree to that, don’t you think it’d be a ‘red flag’?? That is how you do business. do they make some? We hope to help build the Foundation into a major source of funding and support for children's cancer research, leaving a legacy that will provide other children with the gift of a lasting future. For Blaze, obtaining liquor licenses represented some of the biggest challenges. I am a Curves owner with a SBA loan. To determine with chain sandwich shop makes the best sub, we put Jimmy John's, Subway, Potbelly, and Jersey Mike's to the test. Since we acquired the Hardee’s restaurants, leadership at the franchisor level has remained unchanged. Brian Kelley falls in the latter category. However, they do not tell you how to actually run a business. By the way, I thought Howie and corporate didn’t do anything in the transfer process, which made the transfer fee illegal. Those stats are very disheartening and discouraging. Take the blinders off jd, open your eyes, and shut up as every time you post it only shows all of us here what a complete moron you really are further more jd I doubt you even know how to value the net worth of a club so how would you know if they were over priced? The failure rate represents the number of loans in liquidation or charged off, divided by the number of loans disbursed.” The Matco Tools was deemed the riskiest franchise with a 36% franchise loan default rate. Blaze is fortunate to have an executive chef and true food scientist within its leadership ranks in Chef Brad Kent (a.k.a. Jersey Mike's is the nation's leading fast casual sub sandwich franchise, with more than 1,500 locations open and under development throughout the U.S. Generally speaking, we are restaurant operators by nature. More specifically, we own 104 Hardee’s and Hardee’s/Red Burrito restaurants located throughout the southeast, six Jersey Mike’s Subs located in the northeast and Texas, and two Blaze Pizzas located in New Orleans and Frisco (Dallas), Texas. Hardee’s had nine ad agencies and nine presidents in as many years. The profits of the wings, fries, sauces and salads restaurant chain Wingstop have increased by a massive 1000 basis points this year thanks to a 23% decrease in the price of their wholesale stock in combination with an average 4.4% increase in sales for the third quarter of 2018. It shows the not only the total income from the last moth generated by the club it also shows the total active members. Have you seen all the franc…, I was currently interested in purchasing this fran…, Worst 3 years of my working life. The Matco Tools was deemed the riskiest franchise with a 36% franchise loan default rate. Julie, I have to pay Franchise Fees, additional 5000 when my application approved, royalty fees, gross sales percentage by the franchisor, all and all in my opinion, I only have to make money for them. It all happens on the store level at Jersey Mike’s, and our experience tells us that the right operator is absolutely imperative to running a successful and profitable business. Corporate greed has a lot to do with this. Hourly pay at Jersey Mike's ranges from an average of $8.64 to $16.54 an hour. Brian Kelley owns 104 Hardee's, plus a handful of Jersey Mike's Subs and a couple of Blaze Pizzas. Why? What if this does not work out, how will you get out? Although it is not operating in the United States at present, it has put it feelers out asking that it would be interested in aquiring a master franchise there. Contains phone number, address and name of each Jersey Mikes franchisee. Even ‘Closed’ with his post last week is showing frustration with the lawsuit and settlements that are taking place. Make sure those you consult in the “non-operational” side of the business actually have experience in the field, particularly the franchise restaurant space (or other applicable industries). Th…, Not to be trusted!!!!! I have met owners who did everything and still had to close. Let us check Jersey Mikes franchise registry approval status … Jersey Mike's Subs. The bread is baked fresh daily inside each restaurant using a recipe that includes Jersey water! The franchisor typically pioneers the concept. Yet, Curves continues to employ this woman. Most businesses are resold based on an EBITDA multiplier. There’s never been a better time to run a Wingstop franchise. I ALSO SPOKE TO A PREVIOUS EXECUTIVE, WHO CALLED ME, AND STATED THATS THE WAY MATCO DOES BUSINESS. If anyone has insights into the Matco Tools franchise, please comment here: http://www.unhappyfranchisee.com/matco-tools-franchise-complaints/, Pingback: MATCO TOOLS 2011 Franchise Disclosure Document (FDD) & Other Resources : Unhappy Franchisee, Pingback: MATCO TOOLS Distributor Franchise : Unhappy Franchisee, Pingback: MATCO TOOLS Franchise Complaints : Unhappy Franchisee, Pingback: MATCO TOOLS: Lady Matco Speaks Out (Video) : Unhappy Franchisee, Pingback: Mobile Tool Franchise Guide : Unhappy Franchisee, Pingback: MATCO TOOLS: Franchisee Alleges Franchise Fraud (Video) : Unhappy Franchisee, Pingback: MATCO TOOLS: Unhappy Franchisee Launches RoboCall Campaign : Unhappy Franchisee, Pingback: MATCO TOOLS Franchise Information Video : Unhappy Franchisee. This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. The first Jersey Mike's Super Sub was created in Point Pleasant, New Jersey, on the Jersey Shore in 1956. Strange?? To determine with chain sandwich shop makes the best sub, we put Jimmy John's, Subway, Potbelly, and Jersey Mike's to the test. Oh, unhappy, there you go with the name calling again. One year later, there are 10 Jersey Mike’s restaurants located in the New York/Connecticut area with four more in various stages of development. It gives us the opportunity to see successes and, in some cases, failures before we put capital at risk. We never hit the 1/2 mark they promised. Franchise Registry approval status. Entrepreneur Store scours the web for the newest software, gadgets & web services. http://www.esnips.com/web/scamwatchfastwaysStuff/, Wow…So glad I came upon this blog…Was considering buying a resale…Not so sure now….Thanks for all the info and opinions…. Given the brand’s performance, acquiring critical mass at a depressed price was relatively straightforward. Companies may grow organically or through acquisition. UPS undercuts The UPS Store from 20 to 50%. Our focus is to take the franchisor’s vision to the next level through a laser focus on execution. The sad part is so many people are like you wipedout. They should be boycotted nationwide! Subs are prepared Mike's Way® with onions, lettuce, tomatoes, oil, vinegar and spices. Your email address will not be published. SHARE A COMMENT BELOW. Curves International and their employees are snakes. You would rather argue and stick up for a cheating lier like Howie.. This AD even took money from products sold and the members never got their money back or the product. They do not support new franchisees. Mailing telemarketing list of Jersey Mikes franchise owners. Not sure what I’m supposedly spinning. Since you don’t have a dog in this fight it is obvious you just want to argue a worthless point and must have plenty of time on your hands to waste your time trying to justify a position which can’t be logically, morally or ethically justified. Do your homework. The numbers is the numbers. The profits of the wings, fries, sauces and salads restaurant chain Wingstop have increased by a massive 1000 basis points this year thanks to a 23% decrease in the price of their wholesale stock in combination with an average 4.4% increase in sales for the third quarter of 2018. So, their failures do not get counted as statistical records. Yet people want to take legal action against this company, but have no money to fight them. Throughout the month of March, Jersey Mike’s invites customers to come to their local restaurant and donate to that restaurant’s local charity partner. I can tell you, from their stupid redundant training to the corporate staff that talks to you like you are kid, I would not recommend investing your $$ into Curves. More than 2,000 locations open and … When I complained to the franchise they said push your copy profit center. The failure rate represents the number of loans in liquidation or charged off, divided by the number of loans disbursed.”. You have no conception of how to value a curves gym or for that matter any business. If you're a franchisee with advice and tips to share, email ktaylor@entrepreneur.com. Anyone who is contemplating buying a Curves franchise should become familiar with all the owners who have filed law suits against Curves international and the fact that it is nearly impossible to get financing for a Curves franchise and I’m sure the above mentioned post about the failure rate of the SBA loans explains all of that. Make sure to align yourself with a good PR and/or marketing firm that knows the local turf with enough youth on their team to truly understanding social media. Before joining my partners in 2001, I was in the lending business providing financing to franchise businesses throughout the country. The certified Angus Beef top rounds are trimmed and cooked right in the store. Do not buy a UPS Store you will go broke. I wouldn’t touch a fitness franchise at this time. Mailing telemarketing list of Jersey Mikes franchise owners. Please tell me where I said it was a good franchisee. just here to argue and stir things up. As stated above Howie knew this was going on but because he is unscrupulous, unethical, with no moral or integrity he allowed owners to do this. Failure Rates of the 10 Most Popular Franchises What are the failure rates of the 10 most popular franchise opportunities? The Jersey Mike's story is hardly a new one since they've been making sandwiches since 1956, but with 2,000 locations open or under development, it's obviously a hot ticket for potential franchise investors (via Jersey Mike's).The brand has been highlighted by business publications like Forbes as one of the best-franchise restaurants to buy into, and with 16 percent growth between 2010 … This was in 2010, during the summer so it is recent. THE UPS STORE: How Much Do UPS Store Franchise Owners Make? Most Profitable Franchises in the US Wingstop. I would like to join a class action lawsuit against UPS and MBE for selling worthless franchises. What advice do you have for individuals who want to own their own franchise? is permitted. My husband’s direct deposit, our savings, IRA’s, credit cards are all through Chase. Your theory that you have to be well-financed to get back by the SBA is flawed. Who knows maybe the jury will see that in August (oops, I mean December). But to the point of the sales prices, the buyer sets the market price. Some franchisees are content with running a few locations – maybe a dozen. I'm thi…, The only Kansas location: Experimax - Overland Par…, @anonymous - That’s exactly how corporate is spinn…, Totally agree. You can hang out with your Eastern European friends that have migrated to the website, since it seems like most others have left. No. Do you know where we can find the new disclosure statement or FDD document for last year? Great, ignore me. Get the complete list of Jersey Mikes franchise owners. When Peter was a senior, the Mike’s owner (the third one) decided to sell the store, and Peter Cancro, at 17, jumped at the opportunity, buying the sub shop with partial help from his football coach. Some of this can be blamed on Curves’s owners not knowing how to run their clubs, some on the fall of the economy and a lot on corporate greed. Once they had an opportunity to see the concept, taste the food and speak with our guests, we were able to attract more interest from other landlords. For franchised systems, the failure rate is much less and, in most cases, more predictable. Hourly Pay posted anonymously by Jersey Mike's employees. In 2003, the brand’s leadership successfully reengineered the lunch/dinner day part, introducing the flagship burger, the 1/3rd pound Angus Thickburger, in a cook-to-order format. My husband says he is going to leave everyday, and financially cut me off a year ago. They…, with the recent news regarding Dickey's ignoring t…, They are taking us out after 3 years for not buyin…, It is a challenge but you can make money with the…, Hello Anyone: My husband and I are looking at a lo…, Yes, totally a scam. We let the surgeons do the surgery and that typically includes brand creation and development. Half and yes I said HALF, half of the loan was only disbursed to me. There’s No Such Thing, 18/8 Eighteen Eight Fine Men’s Salons Franchise Warning. The Jersey Mike's story is hardly a new one since they've been making sandwiches since 1956, but with 2,000 locations open or under development, it's obviously a hot ticket for potential franchise investors (via Jersey Mike's).The brand has been highlighted by business publications like Forbes as one of the best-franchise restaurants to buy into, and with 16 percent growth between 2010 … No luck! We upgraded Tommy’s Matco Tools complaint to its own post. It does have the fourth worst failure rate at 16 %. You need to read the post before you make such outlandish statements about the owners. Why? The fast-food chain serves made-to-order subs, slicing cheeses and meats as needed. They are mismanaged by a crook that has no integrity, honesty, ethics, or moral fiber at all…. I was told by one of the old timers that the price should be 300 per member. +Tips + Cool Coworkers Corporate is great, it is just the franchise owners. Curves IS considered high risk and my bank would not lend the amount requested. Stay away from the tool business no matter how good the managers make it look on paper, they get paid a huge spiff to hook unsuspecting prospects. I am closing my store and claiming bankrupcy. Your right unhappy, I don’t know how to value a business, yet i was involved in other business deals and it seemed that people were quite interested in EBITDA and trying to do future projections. 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