Franchise City Rumble

Secrets the 7-Eleven franchise does not want you to know! Top 8 reasons why you may not want to own a 7-Eleven, how much a 7-Eleven franchise owner makes, how much the franchise costs and more. Entrepreneurs Franchise 500 has 7-Eleven listed at their #9 top franchise! 1. Nine out of ten 7-Eleven Franchise owners say running their store has negatively affected their health. How bad does a business have to be to say it is ruining your health? Why though? The National Coalition survey of 7-Eleven franchisees covering issues facing their business 82% cited staffing, more on that in a moment. Eighty-seven percent said their job is more difficult than it was five years ago, and the majority of 7-Eleven owners agreed with the statement, “The effect of running my 7-Eleven business has negatively impacted my physical health, mental health, and/or family well-being" . Let's look at those staffing challenges. 2. Staffing. 7-Eleven will tell you great things about their proprietary hiring tool "Hire Right" that it makes it easy for franchisees to hire. Yet the recent survey of 7-Eleven owners indicated 98% of franchisees using the tool still had people ditching interviews, and 95% say they are having to personally work more shifts, and overnight shifts than usual. Many states are raising the minimum wage and because franchisees have to pay up to 59% of their gross profit to corporate, and they are required to open 24/7, these payroll increases in many cases just can't be covered by franchisees. A statement from 7-Eleven franchisee coalition lawyer Eric Karp states “There are few options available to 7-Eleven franchisees who will be burdened by rising labor costs. Either they will have to work more hours themselves or lean heavily on their families to work in their stores,” 3. Micromanaging. Ever walk into a 7-Eleven store and its too hot or cold? Don't blame the store owner as they don't even have the authority to change it! All stores temperatures are literally controlled by 7-Eleven corporate office in Dallas. So not only does corporate make decisions on your inventory, your hours, products you sell, Pricing on gas and goods, but they also control your body temperature. 4. The 7-Eleven franchise contract is allegedly so one-sided and deceptive the NCASEF has asked the Federal Trade Commission to make changes to the franchise rule which they claim has led to misleading disclosures, undisclosed risks, built-in conflicts of interest and opportunistic behavior. Eric Karp a lawyer for the collation speaking about the 7-Eleven contract. states “I’ve never in my 35 years seen a more opaque, top-down, my-way-or-the-highway franchise system,” 5. Low Earnings. You'll pay 7-Eleven corporate a minimum of about 50% of your gross profits and that amount goes up the more money you make. Most franchises reward you the more you make the less you pay in royalties, and typically have a single digit royalty around 7%, 7-Eleven starts at 48% going up up to 59%. How much does an owner make from that? It varies depending on location but Jas Dhillon who owns a very busy location in California since the 1990's has sales over 2 million per year. Jas and his wife both work the store and their after expenses profit for the business? $25,000. If you wonder why you see a lot of owners working their stores now you know why. If you want to renew your contract with 7-Eleven after your contract expires it will cost you $50,000. If you don't pay, 7-Eleven gets to sell the store again. 6. Little corporate investment in stores. Let's be honest, 7-Eleven stores have looked the same forever. Many stores just look run-down and tired. Since 2006 7-Eleven parent company has spent $28.3 billion in 39 separate business acquisitions, without investing much in many of their existing franchised stores. Sixty percent of owners said it had been more than a decade since their store received a physical upgrade worth at least $10,000. 7. Conflict of Interest. 7-Eleven has been investing billions in gas including buying Speedway for 21 billion, and the company makes great margins on fuel. As noted previously 7-Eleven controls pretty much everything including the gas prices at a store level. Corporate allegedly keeps prices higher locally than surrounding fuel stations. So 7-Eleven makes more money, but store owners get far fewer people coming to the store to buy merchandise which is their main profit center. 7-Eleven franchisees only make 1.5 cents per gallon on gas, so they feel corporate is fighting against them with the focus on gas. 7B - Crazy night shift behavior. (see video) When asked if it were possible to sell their stores and salvage their investment 71% of owners said yes they would. Franchise 500 is Useless https://youtu.be/4iBOusezuLw Most profitable 2022 Franchise Industries https://youtu.be/FilwQSNIgcA Need Help Finding a Franchise? https://www.franchise.city/our-services #franchisecity #7eleven

Join us in calling out other "fake" most profitable franchise lists, and learn which brands are actually the most profitable for 2022. Rely on experienced data from Franchise City, not media hype! We search for "most profitable franchises in 2022" Nerdwallet is the first hit and they have McDonalds at #1. These lists always pick McDonalds because, well it's McDonalds, it must be the most profitable? We've covered McDonalds before and we know even in average gross revenue they are not the highest earners at 2.9m, and after expenses leave you about 8-15% margin. But what about the highest earning McDonalds franchise, is that the most profitable? The most profitable McDonalds' in 2020 did $9,238,000. So even for highest gross revenue it's not the most profitable I can name two franchises off the top of my head in printing and senior care, who had individual franchises doing almost 30 million a year with a $200k investment. Sonic is listed as a most profitable but they are even further down the revenue list grossing only 1.6m a year, with a 2m investment. Dunkin' is listed as a most profitable franchise. Dunkin closed almost 500 locations in 2020 and will close more, and their financials show gross revenue of 1.2m for drive through and $886k for non drive through, at 10% margin your profit would be about 90k-120k. Anytime Fitness is listed, here is their Monthly total revenue, this includes all memberships, pay per visit, and personal training average revenue for locations in 2020, let's call it around $25,000 a month, that's $300k gross revenue a year! Now back out your rent, equipment leasing, ad spend, how much is left? More fitness locations and then some schools that are nowhere near most profitable. In fact even in the child education sector these schools are far down the list. Here is Startupguys most profitable list, same McDonalds, it has Supercuts - it even shows here annual revenue of $262k. That is gross revenue! Dunkin again, and at the bottom it says they used information from the Franchise 500 (which we have debunked before) you would be amazed how they pick these franchises, but apparently the most profitable Franchise to own overall is Taco Bell! In reality their gross revenue is only 1.6m and about 20 franchises, even just in this food list beat them. Chick-fil-A is at the top with over 5m a year. Let's look at some real data of most profitable brands and what we like for 2022 Fitness. Everybody got plump in lockdown. The expectation is people will begin hitting the gyms again. The problem is most of the well-known franchise names that all fight for low monthly fees are also low in revenue. There are some niche markets in fitness that can be more profitable. Yoga for example, you have no equipment costs, operations are minimal and some studios show average revenues more than double a traditional fitness studio ($847k) with lower overhead. You can see here up to 1.2m. There are quite a few niche fitness concepts including martial arts, that can be more profitable than traditional gyms. Automotive. When the economy cools, which it will, people drive cars for longer and need repairs. You all know the big names in franchising in automotive, and they can be profitable, but there are niche auto franchises with investments from $300k and up that show top quartile averages above $400k NET profit annually. Some oil change franchises have top performers at almost $700 Net profit annually, investment around $300k. There are now single bay oil change franchises, really neat concept that is a lower investment just over $100k. Most franchise owners do not have automotive experience or come from an automotive background. B2B Consulting. Startup around $65k, top quartile operators do almost $700k a year, top 10% over 1.2m with an average across the board of $230k. Low overhead, usually work from home so minimal expenses. So a work from home executive gig where you can earn 6 figures in your pajamas. You'll need executive B2B experience in this type of business. Renovation. From an investment to profit ratio there is one brand in the home reno sector that beats some million dollar investment food franchises for far lower investment. About $80k all-in with average net profit of $217k. This brand has grown a lot, and there are very few territories remaining, give us a call to see if your territory is open. Another brand in renovation shows EBITDA of over 1.5m for their top 10% Senior Care. 10,000 boomers turning 65 every day in the USA, they need care. As noted we have seen a franchise in this sector generating 28 million a year. Of course we also see people fail! So be sure you align your skills and market demand. Some systems show average revenues of 1.8m with gross profit margins of 43%. Buying a house? Call a Realtor. Buying a Franchise - call Franchise City! https://www.franchise.city/our-services Free services to help you make a better investing decision #franchisecity #2022

#SHORTS Which major fast food restaurants opened the most in Covid 2020? #franchisecity

#SHORTS Which big name food franchises closed in 2020? Thousands did! Source: QSR50 #franchisecity

Are car Washes a good or bad business to own? How much do they cost and make? We explore critical data most sellers wont tell you! 1. You think A Self Serve car wash is easy to operate and a good passive business. Self serve bays are somewhat easier, these are the washes where people come in and spray their own car, but they still need repairs and upkeep, someone needs to check chemical levels etc. so are not truly 100% passive. You still need to clean up after people, and people do stupid things that will cost you money. Repairs cost a fortune as it is specialized equipment, most general plumbers or electricians wont work on car washes. If you are prepared to spend some time learning your equipment, doing some cleanup yourself you will be further ahead. You can hire someone do do this but it cuts into margins. Profits vary widely, if you are in a low traffic area you wont make much, but industry norms for a decent location are around $1500 a month gross revenue per bay, that drops a bit if you have a lot of bays. You'll need your location, and land in cities isn't cheap, equipment like a pumping unit, in bay equipment, signage and more. Start up can be around 8k-12k per bay plus real estate, property and business taxes etc. It can be easier and cheaper to find a resale wash you can find those occasionally for less than land value if the business has been neglected. You can update the location add credit card payments, a support line, website, renew the equipment and signage, all will help to build back business. Accepted industry asking prices are generally around 3-5X gross revenue for a resale. Remember, these businesses all take more time than you think - did you consider counting coins? This alone can take a couple of hours per week. 2. Your strategy is to open across the street, be better than the competition and steal their business. In other businesses this strategy can work - car washes not so much. So you see a wildly successful car wash and open a location next door, give better pricing or better service to steal their customer base. Here is the problem with car washes, best case scenario you drive the other car wash out of business. Mission accomplished right? Wrong. The bank will likely take that car wash, sell it for pennies on the dollar, and a new owner with a much smaller debt service than you opens up. A car wash is a single use property. Nobody is turning that car wash into a salon or a burger joint. Every time that car wash reopens, its usually a new owner starting a car wash and taking customers from you, and if their debt is low they may price you out of the market. 3. You think its easy and cheap to start one from scratch. Try and get a permit! It is not as easy as you think. Many cities have a negative opinion of car washes due to the environmental impact. There are greener options today but government is slow to change. What are the costs to start a car wash. You can find resale washes online from under $100k to into the millions. Obviously the lower priced locations are in most cases struggling. Opening a new self service car wash not including the land, which can be a huge investment itself, you are looking at around $40k per bay. Mobile car washing and detailing will be a lot less, basically your vehicle, your equipment and your marketing. A tunnel type wash can make a lot more money as it is automated and can do upwards of 1000 cars a day. Its also a lot more money. Your tunnel Equipment, Blowers, Conveyor, Hydraulics, Pumping Stations, Arches, Boiler around $700k. A water treatment and reclaiming system is a good idea, and may be the only way you get a permit, around $150k, your electronics, tunnel controllers, relays and various electrical around $200k. So you are already over a million and haven't even looked at a vacuum system, heating system, signage, landscaping, planning and permitting and your real estate. So these types of car washes can be a significant investment up to 5 million in some areas, and dont forget the equipment will often need repairs or replacing. SORRY OUT OF SPACE! SEE VIDEO FOR FINAL TWO REASONS. If you are looking at starting a mobile wash you can make extra money by servicing vehicle fleets and dealerships, not just focusing on private owners. Those are typically a contract and has a more predictable revenue stream. Some pressure wash companies will wash pretty much anything, like exteriors of homes and this can expand your customer base. There are franchise in this space whose top 10% are making over 1.8m a year. Investment $50k down $100k net worth investment around $80k all-in, give us a call if you want to take a look at franchise businesses. https://www.franchise.city/ #FRANCHISECITY #CARWASH

The easy way to get free Franchise City reviews (and more!) for any franchise in 2-4 days. If you are considering buying a franchise this is the video to watch! HOW THE SERVICE WORKS When you call us you are partnered with one of our franchise coaches. Everyone at Franchise City is an experienced entrepreneur, we have multi-unit franchise owners, franchise founders, even award winning entrepreneurs who have built 100m a year companies and enjoy helping new entrepreneurs get started. These are people who know the franchise space, we know the best brands, and can help you through the process. Your coach will ask about your goals, skills, local market, demographics, exit strategy, operational preference, and will help you identify which top franchises are available in your area and best suited to your profile. If you have certain skills there are some very profitable brands. One franchise in the construction space top franchisees have *profit of 1.5 million a year. Buyers don't know what they don't know. Many people are still buying low earning franchises because they don't know any better. But if have the skills and market demand there are some amazing franchises most people are not aware of because the great franchises don't advertise much if at all because they don't have to. We want to help you find the best franchise for your specific situation. If you made the mistake of going direct to a franchise already we can help you review and compare that franchise to alternatives. We actually have very powerful tools to help you compare franchises and 95% of the time we will find more profitable options. So after learning about your situation and business goals your coach will present 2-4 franchises. But we don't want you to take our word for it these are good- we then help you validate these brands like a pro to ensure a sound decision is being made. To help with that research, candidates gain access to our intranet of tools. Inside the intranet are - comprehensive industry reports that help determine if your industry of choice is facing any pressures in the future. These detailed reports cost $1000 online, available free as a Franchise City candidate. You'll also have access to comparative analysis reports, these are custom created reports, we'll put them together for you, that help you compare multiple franchises on key criteria like profitability, royalty sizes, lawsuits, bankruptcies and more. This tool can also help uncover potential red flags and quickly identify which franchise ranks highest. You'll have access to download our Franchek diligence checklist, this is a very powerful 63 point franchise inspection list that details very important considerations that many buyers miss, that can be very costly. With Franchek and the help of your franchise coach you'll learn how to research revenue channels, inventory considerations, build a pro-forma, identify red flags and much more. You'll also have access to our psychometric assessment that helps determine what type of franchise operational model would be best suited to your skills and preferences. This tool can actually predict your performance in a hypothetical business environment. This assessment can save you a lot of money by avoiding incompatible franchises. We can also help you with financing, including no money down loans, SBA loans and 401K rollovers, if you are a minority or veteran we can help you with incentives, in fact some franchises waive the entire franchise fee, that's a savings of up to $40,000 we can help you find those, we'll help arrange calls with existing franchise owners so you can hear an actual "day in the life" and much more. That is how to make a good decision, not watching a random 5 minute review online. So just call us! Some people are confused as to why everything is free. Working with a Real estate agent or business broker is also free as the seller pays a commission, same with us. In our case we wanted to bring more value so we dont just throw franchises in front of you, we provide a proprietary process and library of tools that help buyers make informed decisions, and include those for free. We want you to come to Franchise City when its time for you to buy a franchise. So you can watch a review, go direct to the franchise, and never know if better options exist, or contact Franchise city and use a proven process. You'll access an experienced franchise coach to guide you throughout the process, insider access to many unadvertised premium brands, research assistance, access to a library of research tools, financing and legal help, and more. Our service costs you nothing, and the price of your franchise is exactly the same if you go direct or work with Franchise City. We have helped hundreds of franchise buyers over the past decade and we are here for you as well. https://www.franchise.city/our-services #franchisecity #reviews

One of the best online course platforms for entrepreneur training can now be accessed Free! Hundreds of resources in topics like habits, positive psychology, leadership, goal setting, productivity and more. As a paid platform it was one of the best values online, now its free. Have you ever wanted one platform where you could get everything you needed and not have to buy dozens of courses on goal setting, motivation, leadership, all the information important to an entrepreneur, in one spot. If so this one now free platform will likely become the single best resource in your toolkit, and it is completely free. Optimize is an online learning platform specifically created for entrepreneurs and has hundreds of resources. You can pick any of a huge number of topics ranging from mental toughness, habits, leadership, productivity, peak performance, goal setting, meditation, and tons more. Even great content on weight loss and fitness. Within each category is a ton of amazing content. Lets click on peak performance. Within each category are dozens of very detailed videos put together by Brian Johnson the founder. These all have step by step instructions on what you need to do to improve in that area. You'll also see references to some of the most popular books in that particular genre. If you click on the books it takes you to an overview of the high points, as well as a "philosophers notes" video reviewing the book and again covering the high points. Huge time saver and a great way to keep up on the latest important books. You can also track your progress as you go through, there are also videos on accountability to keep you moving along, everything an entrepreneur could ever want is in this portal. Every video is scientifically sound, no fluff, true insightful knowledge and data that will help you uncover goals, plan your day, perform better, and a ton more. I get a lot of offers to promote things on this channel, never ever have I promoted anything outside our business, but truly, this portal is fantastic, and you can sign up free and access every single bit of content. NO CC needed, all free. So stop procrastinating, get over there sign up take an hour a day every day self improving. If your plan is to make 2022 your year for breaking all your entrepreneurial goals, get in there and get to work. This truly is an awesome resource so feel free to pass it along if you know any aspiring entrepreneurs who could benefit from some motivation and entrepreneurial content. FREE ENTREPRENEUR TRAINING: https://tinyurl.com/yckz6f9p #FRANCHISECITY #entrepreneur

Is McDonalds the highest revenue franchise? Short answer, no. In fact, one little-known franchise with a much lower investment generated more than double the top McDonalds location! How much did a McDonalds restaurant make in 2020? Of the approximately 11,821 domestic traditional franchised McDonald’s restaurants that had been open at least 1 year as of December 31, 2020, approximately 77% had annual sales volumes in excess of $2,300,000; approximately 69% had annual sales volumes in excess of $2,500,000; and approximately 60% had annual sales volumes in excess of $2,700,000. The average annual sales volume was $3,003,000 during 2020. So the average all franchisees make with a McDonalds is 3 million (gross numbers all your expenses come out of that) The highest gross earnings McDonalds location, so the location that generated the highest sales did $9,238,000, so their top locations did not break 10 million in 2020, they did the year before I think the top was around 12 million if I recall. Their lowest revenue location generated only $272,000. McDonalds also closed over 60 locations in 2020 and have closed triple digits of restaurants since 2017. The cost to open a McDonalds ranges between $1,314,500 to $2,313,295, and what most people don't realize about McDonalds is that you are contractually obligated to work in your business. This is a not a passive business where you can travel the world while a manager runs the show. Right in the agreement to buy a McDonalds is this verbiage: "Franchisee acknowledges Franchisee’s understanding of McDonald’s basic business policy that McDonald’s will grant franchises only to those individuals who live in the locality of their McDonald’s restaurant, actually own the entire equity interest in the business of the Restaurant and its profits, and who will work full time at their McDonald’s restaurant business." Now after a few years of doing well will the corporation look away if you are not as involved? Possibly. But technically you are in contravention of the agreement. So if you are looking for a passive business this is not ideal. Also keep in mind that most of the premium locations are typically gone in mature systems like McDonald's. The franchisees who got in early and snapped up the best locations typically do the best so it can be advantageous to consider emerging franchises with premium territories and even area developer options open. An area developer buys licenses to multiple locations in a city and can either sell and earn royalties from all their franchisees. or open the stores themselves. So what are some examples of franchise revenues higher than McDonalds with lower investment? There are quite a few, one national service based franchise with an investment of only $150k averaged 5.4 million in 2020. That's 2 million more than the McDonalds average. There is a construction based franchise that has the top 10% of established owners earning 1.5 million *profit*, not gross earnings but profit. That investment is around $200k so again much lower than McDonalds. There are franchises in the automotive space with net profits over $300k with an investment in the high 200k range. There is a health based franchise whose top franchise location did 23 million in gross revenue in 2020 (during all the craziness) that is more than double a McDonalds with an investment under $200k. Those are just a few examples there are dozens of franchises that earn more than McDonalds with lower investments. If you need help finding the best options call us: Franchise City Brokers: https://www.franchise.city/our-services Low cost franchises that average $200k in profit: https://youtu.be/EhsEilKqyYE #franchisecity #mcdonaldsfranchise

Perhaps the most successful investment in the history of the world that most people never heard of. How one lone trader made billions with a single crazy trade. You can say what you want about risky, speculative investments, you can say that Gamestop, meme stocks, crypto are bubbles waiting to pop. And you might be right. But while you are sitting on the sidelines complaining and waiting for the bubble to burst some people have made crazy money from crazy risks. So just a little over a year a new crypto showed up on the scene called Shiba Inu. It was a meme coin named after the Japanese hunting dog that was meant to parody Dogecoin, so how ridiculous is that, a coin parodying a meme coin actually gaining traction. In August of 2020 right when Shiba was listed one lone crypto trader picked up about 70 trillion Shiba coins for $8,000. This was a fairly big risk as most coins end up doing nothing and you lose all your money. But some coins do take off, and since that time at its peak Shiba saw a 7 million percent gain in value. And here most people are happy with 7% on stock investments. Anyway these 70 trillion Shiba coins at their peak saw a value of over 5 billion dollars. This one crazy trader who bet $8k on a brand new meme coin had become a billionaire in just over a year. Now keep in mind there are some downsides, if you ever find yourself holding billions in crypto. At the time this buyer held about 13% of all coins in circulation. If they tried to sell them all it would collapse the price and the market. This is especially true of coins in their infancy. Its hard not to want to sell especially if you realized incredible gains. But buyers who hold do support the ecosystem long term and can potentially see higher gains. Or the market can collapse and they lose everything. Think of the pressure you would love to take out a billion or so but know it is not feasible. Now removing smaller amounts over time as the system grows is the way to go. If you recall so many of the early adopters of Bitcoin sold their thousands of coins for $1, if they had held they would all be millionaires and billionaires today, but most people never imagined what would happen. Shiba Inu today is now the 13th most valuable Crypto in the world and is starting to be listed on major exchanges. It has a market cap of over 25 billion dollars. AMC theatres, ironically a meme stock themselves, are considering adding Shiba Inu as a means of payment for tickets and Newegg electronics will already accept Shiba as payment. But have you missed the boat on yet another crypto opportunity? Not necessarily, you can still buy millions of Shiba Inu coins for $100, at the time of writing $100 will buy you over 2 million Shiba coins with an individual coin being fractions of a penny. A single Bitcoin way back could be purchased for fractions of a penny, today a single coin trades in the $60,000 range. If Shiba Inu even goes to one dollar per coin and you invested $100 today, you would be a millionaire. Of course you could also lose your $100! For me, I look at coin speculating as gambling money and if it all collapses tomorrow I'm fine. I'd love to hear your thoughts in the comments, is this another example of a world gone insane and the next tulip bubble or could this meme coin become the next Bitcoin? Nobody knows for sure but in my opinion it cant hurt to take your lottery money and get yourself some Shib. Did you know some people are making millions from basic digital artwork? Learn about NFT's with this link. https://youtu.be/ImFoFs0Vl4U #franchisecity #shibainu

If you think owning a roofing business is about nailing shingles to a roof, think again. A profitable roofing business is much more about effective marketing, customer acquisition and having effective systems and processes. Roofing is another little known industry that can be very lucrative and some franchise systems have owners generating over over 7 million dollars a year. The margins are strong and top owners in some systems are putting as much as 1.5 million dollars a year into their pocket. Those are EBITDA numbers plus owner benefit. Obviously not all owners make that, but if you are in the right region, and have the right skills roofing and construction can be a great business. With an investment much lower than most fast food restaurants owners are generating significant revenue. Two major misconceptions in roofing, First you need construction experience. You don't. It can help, but much more important is having executive white collar, business building experience. Running these types of businesses is not as much about roofing as it is about sales, marketing and client acquisition. Top owners often have executive sales experience, or project management backgrounds, and are good at managing sales teams and roofing crews. People who have never managed people often think it is easy, those of you who have managed people know it is not. 2nd misconception is "I don't need a franchise because I know how to shingle a roof" Sure, but do you know how to build a multi-million dollar business? That's why you buy a franchise, not to learn how to put on a roof. How many independent roofers in your own city, we call them "Chuck in a truck" one guy driving a rusty old pickup, personally knocking on doors, or placing ads on telephone poles never getting anywhere, never able to scale the business. The secret to any business are the systems and processes. Thats why you buy a franchise. You also have to consider buying power and better deals on materials. Chuck in a truck cant match the buying power on equipment and materials of dozens of combined franchise owners. You'll often save money there. Sales and marketing. A franchise gives you the sales and marketing recipe that has been refined over years with dozens of franchise owners. They know what ads work and which don't so your ad spend is effective. Industry relationships. Most larger industry organizations wont look at an independent, but as a large franchise you can leverage these relationships. And again Systems and processes help with billing, working with insurance companies, payroll, marketing and client acquisition. The more effective and efficient you become, the more money you can earn. Some franchises focus on repair of storm damage which is a profitable niche. Certain parts of the country that are subjected to storms are obviously more lucrative. Remember a homeowner that has a slightly worn roof is a different prospect than someone who has had their roof blown off and has rain leaking in the house. Whenever a storm goes through a neighborhood most contractors have work lined up for several weeks. And customers, as long as you provide a good price and value, are unlikely to spend too much time shopping around. The Roofing industry is an essential, recession resistant, and growing sector expected to reach $19.9 billion by end of 2021. The industry itself is fragmented, unprofessional, many roofing companies do not have permanent locations and just chase storms around the country. Homeowners are becoming wary of one person operators, you have probably heard horror stories in the news, so you can become the local, trusted resource for roofs in your town, and build a reputation through quality work and warranties. Your all-in investment for a roofing franchise will range from about $150k to $250k, you can finance most of that with an SBA loan. One thing to remember is that many states do require a contractors license for owners of a roofing franchise, which is harder to get in some states than others, This is true for any construction type franchises. So in certain parts of the country it will take some time to get set up so be sure you are sufficiently capitalized to accommodate for the wait. Also remember not all construction franchises are created equal, and finding the right one for your skills and market requires some research. If you have executive or sales management experience and think roofing might be a fit Franchise City brokers can help that link is below. REQUEST INFORMATION ROOFING FRANCHISES: https://www.franchise.city/franchise-inquiry How much do automotive franchises make? https://youtu.be/i8Xm8oSPSYk #franchisecity

So you have a business and think it would make a good franchise. What exactly do you need to do and how much does it cost? Most people look at franchises like Subway or McDonald's with tens of thousands of locations and think they could be the next mega brand. The reality is most franchise companies, almost 70%, never grow beyond 5 units. Some franchises take off, most dont. You can save a lot of money and time by doing some research first before you franchise your business idea. There are a few things you need to determine to see if your business is a fit for the franchise model. 1. Is your business replicable with proven systems in place? Just having an idea or unproven system will make it very hard to sell to potential franchisees. Buyers want proven systems, that's the point of buying a franchise. Why would anyone pay you royalties and a franchise fee just to test your idea. 2. Can your business be easily learned by franchisees? Training owners to smile and scoop ice cream is easy, complex technical businesses may not translate well into franchising, although it has been done. 3. Has the business proven to be profitable? Again, if you havent proven the model yourself it will be hard to sell. 4. Is the business unique and does it provide advantages over other franchises? I come across so many food places that want to be the next Subway, but cant even communicate their market differentiator. You need to know why people will want to go to your franchise vs the competition. That could include better prices, healthier food, trendier vibe, faster delivery whatever. But you need a unique market position, and you need to know what that is. 5. Are you capable of onboarding and supporting franchisees? Selling the franchise is one thing. What happens when you onboard a new franchisee. or 10 new franchisees. How will you train and support them? What if you are in California and your new franchisee is in Florida? A lot of time will go into franchisee training and support, and remember if you have a failed franchisee you have to disclose that by law to new franchisees, so it is critical your first franchises succeed or you will have to explain the failures to every new franchisee. 6. Can the business name and trademarks be federally registered? Some names may be taken in other countries or states which will present problems down the line. 7. Do you have capital available for registrations, marketing and ongoing operations? (ADDITIONAL DETAILS IN THE VIDEO OR VISIT THE PAGE BELOW) Request a free consultation with one of our partners: https://www.franchise.city/franchise-your-business

if you have been looking at fitness franchises we have a very unique situation for buyers to walk into existing locations with cash flow, for pennies on the dollar. Last year was tough for many fitness franchise owners and some were no longer able to continue the business. Since then corporate, took over the operations of select studios from franchise partners who could not continue. Obviously they wanted to keep the locations up and running and servicing their local member base. This is a temporary measure as this is a big company, they are publicly traded, and the largest in the space, they are not in the business of running studios. They'd much rather support owners & have local boots on the ground in the market. Someone with skin in the game who will build that local studio up. These locations are being sold at the cost of only the franchise fee. Usually when you open a franchise you have the franchise fee plus your buildout cost, which is usually hundreds of thousands of dollars. These locations are already built-out, they are operating with various levels of cash flow, they just need a motivated new owner to step in and grow the business. Keep in mind New year is coming up which is one of the best times for fitness. The cost of a single studio is just the franchise fee 60K or three studios for $135k. Obviously you will need additional capital for various expenses, but the cost to acquire the business is only the franchise fee. That is a savings in some cases of hundreds of thousands of dollars and these businesses are already running. The company does have a verifiable net worth minimum requirement of $500k for all their owners. So your assets minus liabilities must be at least $500k. If you live in one of these cities and are interested it is best to contact us asap as they will undoubtedly go quickly. **Please do not email or leave comments asking for the name of the company as we need to speak with you first and get you prequalified before we provide the direct introduction. Inquire: https://www.franchise.city/franchise-inquiry Available Cities: New York, Atlanta GA, Salisbury MD, Aspen CO, Chattanooga TN, Fargo ND, Toronto On., Concinatti OH, San Antonio TX, Minneapolis MN, Aspen CO, Dallas/Ft W TX, Los Angeles CA, Jackson MS, Reno NV, Chicago IL, Hilton head SC, Phoenix AZ, Orlando Fl, Denver CO, Nashville TN, Albuquerque NM, #franchisecity #fitnessfrancise

How much a Popeyes costs to open, how much you can earn, and how the company failed twice before becoming the billion dollar behemoth you see today. If you think Popeyes was named after Popeye as in sailor man, you would be wrong. Popeyes was actually named after Jimmy "Popeye" Doyle, an egg eating, woman lovin, cop played by Gene Hackman in the French Connection, way back in the 70's. Al Copeland, a shining example of 70's cool himself, founded the brand which actually failed when he first started. Als first restaurant was called "Chicken on the Run" and opened in Louisiana. Al was going up against KFC that was doing very well at the time. Chicken on the Run failed, that first location closing in 4 months. Take notes kids, Al didn't blame the world or curse the Colonel, he brushed himself off and only 4 days after his first restaurant closed he opened a new shop called "Popeyes mighty good chicken". Franchising started in 1976 and by 1985 Popeyes already had 500 locations open, but they weren't doing that well financially. Until - the Biscuit. Biscuits were added in 1983 and were a huge hit at one time accounted for 25% of all restaurant sales. Company starts doing well and buoyed by the success in 1989 Popeyes acquires Church's chicken which seriously overleveraged the company. In 1991 Al's company Copeland Enterprises had their second financial setback and filed for bankruptcy protection with 391 million dollars in debt. Did Al throw in the towel? Nope, he requested permission to restructure which was approved and a new company "Americas Favorite Chicken Company" was formed and went public with a $142m IPO. In 2004 the company was sold to Arcapita. In 2017 RBI brands, who also owns Burger King and Tim Hortons, acquired Popeyes for 1.8 billion dollars. See the lesson here, from a failed restaurant, to a bankruptcy to a billion dollar company in a single human lifetime. Today Popeyes has over 2500 locations in the US and is one of the most Iconic franchise brands in the USA. But how much does a franchise cost and how much can you earn? Let's take a look. There are actually three investment levels for a franchise based on the type of restaurant. You'll invest between $423,800 and $3,545,800 for a new free-standing facility, between $383,500 and $1,362,800 for a new in-line facility, and between $109,500 and $749,300 for a delivery facility. An in-line store is a location you see in a strip mall situation and it generally cheaper than a freestanding building. Keep in mind this amount does not include your real estate, this is just for your franchise fee, equipment, and buildout costs for the store. So after you invest how much can you make with a Popeyes? To keep the video short we'll look only freestanding locations so this is the investment up to 3 million. An average Popeyes location in 2020 grossed around 1.9 million, which puts them at the number 12 spot for earnings on the QSR50. Is Popeyes a good investment? It depends on many factors including market demand, demographics, budget, operator skills and much more. If you need help finding a franchise call Franchise City brokers: https://www.franchise.city/our-services #franchisecity #popeyes

If selling basic artwork for millions of dollars appeals to you then you may want to learn more about selling NFT's (Non Fungible Tokens) But are NFT's here to stay or just proof of an ever-growing economic hyper-bubble? An NFT, or non-fungible token can be art, music, collectibles, even tweets. Jack Dorsey the founder of Twitter recently sold the NFT of his first tweet for 1 million. So an NFT is basically a digital representation of something. At the moment the most popular NFT's are digital artwork and some of these works are selling for obscene amounts. Everydays: the First 5000 Days by Beeple, which is a collection of his daily drawings over 5000 days sold for $69.3 million. Cryptopunk 7804 sold for 7.5 million, Cryptopunks 3100 for 7.1 million. Entrepreneur Justin Sun recently bought a clip art image of a rock for over $500k, influencers are shilling their own NFT's making millions, even Visa dropped $150,000 on an NFT to add to its collection of historic artifacts. "Investors can also speculate on NFT's at more manageable amounts of a couple of hundred dollars and you can occasionally snag free NFT's when artists run promotions. Billions in transactions of NFT's are happening monthly so needless to say many "artists" including influencers are trying their hand at cashing in on this trend. Anyone can create NFT's and list them for sale, some auction websites are more selective than others and will only accept accomplished artists or those with a social following. Other marketplaces are open to anyone. OpenSea, one of the more popular NFT online marketplaces recently raised 100m with a valuation of 1.5b, with a B. Yes, a new company that sells digital art is valued at one and a half billion. Sports Collectible NFT projects have just raised 930 million dollars in just one week with digital collectibles company Dapper labs reaching a 7.6 billion valuation. Creating NFT's is known as minting. It does cost money to mint your art, and some artists, many I expect will never sell their art or even make their money back. Depending on the price of Ethereum at the time, the most used crypto to conduct NFT transactions, your cost to list your first item could range between $150-$250 or more. You'll also pay a commission when if and when your art sells of around 15%. To list an NFT the seller needs to have some ether, as all transactions are handled in crypto, mostly Ethereum, and the blockchain validates you are the exclusive owner of this unique piece. We wont get too deep into NFT creation. Its potentially just the ground floor for NFT's so if you have talent you could potentially become one of the million dollar artists. Or you could waste a couple of hundred bucks. But could NFT's just be an elaborate Ponzi scheme or evidence of an overheated economy. Nobody knows for sure but most people have a highly emotional opinion one way or another. There are essentially two ways this could go. NFT's could create a digital art renaissance. Ongoing adoption of cryptos could drive widespread acceptance of digital art, and one day you could see people around the world hanging their Non Fungible Tokens proudly on their walls, at a price point they could afford. The worst case scenario is the economy tanks taking with it many of these highly speculative "investments". South Sea Bubble of 1720. Speculation prior to the great depression in 1929. Tulip mania and collapse in the 1630's. 4th century Diocletian destroyed the economy of Rome with inflation and poor policy decisions. The Medici scheme of 1494 and collapse of the banks. Spanish inflation in the 1600's that destroyed the empire. Mississippi bubble of 1716,. Boom and bust has happened over and over again with very similar dynamics to what we see today. Today we have gamestop, trillions in debt, insane valuations, investors flocking to virtually any startup that moves, millions going to dubious kickstarter campaigns, hundreds of crypto coins with influencers doing pump and dumps, and again reckless speculation in the markets, often from people who cant afford to lose the money. And once again, a general refusal to consider that history may repeat. A correction will come again. And this one could be global. The question is, will cryptocurrencies, Bitcoin, and potentially even digital assets like NFT's be the saviors of a collapsing archaic economy, or just a footnote historians will use to illustrate how naïve people were in the 2020's. #NFT #franchisecity

Should you buy an automotive or garage franchise, do you need mechanical experience to own one, and how much can you earn? AAMCO, MAACO, Meineke, all iconic brand franchised models with thousands of locations across the USA. But which automotive markets make the most money? General repair, tire replacement, oil change, aftermarket parts, wholesale parts? First, do you need automotive experience or to be a mechanic to own an automotive franchise? No, the same as you don't need to know how to cook burgers to own a McDonalds. You are hiring the mechanics and techs, so you are focused on running and growing your business. We get many buyers here at Franchise City broker group looking for automotive franchises. Now while we know which brands are the most profitable on paper, and we'll look at that shortly, there is no simple answer as to which one will be the most profitable in your area. That takes some research. From a general perspective, how much can you earn with an automotive franchise, and which niche markets earn the most money? For an average lets start with a major automotive repair shop. Average gross revenue across the board is about $650k, profit for an owner operated model is about $140k a year, margins of about 21%. If you have a general manager that will take your profit down to just under $100k a year and margins of 14%. If you have a million dollar grossing location, you have been running for a few years and you are one of the top performers, your margins can go up to almost 30% with a profit of $350k, if you have a general manager $270k profit with 22% margins. Your investment for a shop is around $225k-$330k, SBA finance is available with 30% down OAC. For many people all they will hear out of all those words is "$350k a year net profit" and want to buy an automotive franchise. But keep in mind the same franchise has also closed locations, and has shops that are struggling in the system. Never buy a franchise based on what someone else is making in another city in a completely different economic environment. If you need help researching give us a call at Franchise City brokers we have free tools to help. https://www.franchise.city/our-services Oil change franchises can be slightly lower investment depending on how many bays you build, ranging from $180k and up. Top performers do about 2m gross, with almost $700k EBITDAR. Top 50% of operators do just under a million, EBITDAR average of just over $300k. What is EBITDAR? Earnings before Interest, Taxes, Depreciation, Amortization and Occupancy costs/or rent. Because rent can vary widely depending on location you need to do a specific calculation directly relating to your city. There are also new oil change franchises that focus on single bay oil changes in 10 minute locations with a lower investment from $120-$200k. Bodyshop franchises, that repair vehicle bodies and paint, are a bit higher investment between $350k to $500k. Top 50% gross about 1.6m with income just over $300k. Average for all centers is 1.2m with income just over $200k. Again, locations have also been closing so you need to consider your own market demand. Certain tire franchises can be very profitable but some of the more popular brands are sold out in many major cities. Now a pro tip for veterans or first responders, some automotive franchises waive the entire franchise fee, so fees of between $30-$40k, completely waived for first responders or veterans. Most franchises provide a discount of some sort but these waive the entire fee. Most buyers go for the big automotive names because thats what they know, but hidden in the automotive sector are brands that have an average in their top 50% of almost $350k profit a year, some locations doing even more than that. Investment for this franchise ranges between $220k to $300k. Again, those top numbers are great but many locations are below that. The secret to making maximum revenue is to find the best fit for your investor profile and demographic. In every franchise you have franchisees at the top, and those at the bottom. You need to understand local market demand, competition, demographics, operator capabilities, local staffing challenges and a lot more. Franchise City brokers can help you with that and we have hundreds of resale franchises and new units listed in dozens of sectors including automotive. Need Help Finding a Franchise? Franchise City Brokers: https://www.franchise.city/our-services #franchisecity #automotivefranchise

Yes. Franchise buyers in an emerging system are seeing an average 200k+ Profit with a low cost franchise. Today we'll explore a unique new franchise business that demonstrates profits that rival some of the million dollar investment food franchises. This business services customers in the renovation sector. Remember, the owner is not performing the renovations, they operate the business in an executive capacity so it does help to have business or management experience. So in this business you are hiring and managing crews who go out and provide the service. head office deploys all the advertising so you have an immediate source of leads from day one. Little secret in franchising, the better the franchise opportunity is, the more selective they will be in choosing who gets to operate in the territory. We often have several people looking at a single territory. Many territories for this franchise are already sold out, contact franchise city to determine if your city is available. The total investment ranges between $75,000 - $100k that will vary depending on your location and what you already own by way of business equipment and tech, but that is your total investment including franchise fee and working capital. Compare that to most franchised restaurants that are over a million, this is a pretty good ROI. Also remember, these numbers are from 2020, arguably one of the toughest years for businesses! But this is how much businesses earned in this period. Average gross sales for locations open 12+ months $448,000 with net profit of $118k. Locations open at least 24 months average gross sales of $669k with median net profit of $216k. Not bad for a $70k investment. Keep in mind these numbers are from single territories, many owners have expanded into multiple territories, and also this is a newer franchise. As franchise systems grow their revenues often increase so those figures could be higher next year. So why doesn't everyone buy this franchise? One, they dont know about it. Its 2021 and some people still dont call Franchise City when they buy a franchise! https://www.franchise.city/our-services Two, operationally they may not be good at or want to perform the functions related to this business, like hiring and managing crews. They may not want to deal with customers. They may just want to own a coffee shop. Everyone has different goals and objectives and no one franchise is perfect for everyone. That said, if someone is willing to put in the work, has access to a smaller amount of capital, and just wants a proven and profitable business, this is a great option. You'll need a minimum net worth of $250k to qualify, liquidity of $75k, Financing is available OAC. If you would like to inquire on this franchise or look at any others always call Franchise City brokers we have access to the best franchise opportunities - https://www.franchise.city/our-services Is a liquor store a good investment https://youtu.be/-PTZ9yP0c-U owning an ATM machine https://youtu.be/_fFNTkr0eJI #franchisecity #lowcostfranchise

We include a "free" business - selling for the price of receivables! Relocatable anywhere in the USA or Canada. Staffing, cleaning, painting, automotive and many more businesses for sale. We have hundreds more resale businesses as well as new units so if you dont hear your city give us a call or leave a comment with your city. 4 Million a Year Poop Scooping Biz https://youtu.be/eJoSi_Bed9k Contact us https://www.franchise.city/franchise-inquiry #franchisecity

Silver will make you rich they said. To the moon they said. But will that day actually ever arrive? Looking at various charts from 10 year to 30 day to try and find the silver investing upside. People who are new to silver investing get caught up in the hype. Same as Bitcoin, and emotions prevent people from looking at the counterargument against their investments. Newbie investors are pouring all of their discretionary income into silver expecting to get rich when it Moons. Let's look at the most basic analysis, silver performance over time to see if silver has been a good investment. These are the 6 main charts from Kitco.com, 30 and 60 day, 6 month, 1 year, 5 year and 10 year. Now I know that silver is manipulated, silver has limited oz above ground, silver is a hedge against money printing. But these are the same arguments people gave 20 years ago to invest in silver. It may seem new and compelling to newbies but the same players have been pitching the same info for decades. Price of silver at 1pm August 9 2021 is $23.27. 30 day silver chart shows 30 days ago silver was at $26.30 oz. If you bought 30 days ago you would have lost $3 an oz. 60 days ago silver was $28.00 if you bought then you would have lost almost $5 an oz. If you bought 6 months ago at $27 you would have lost about $4 an oz. Here is the 10 year silver chart. If you bought an oz of silver 10 years ago in July 2011 you would have paid $44. You would have lost about $21 per oz, that's a $10,000 loss for every monster box you buried in your back yard. The only times silver made money in these charts was the 5 year windows. If you bought in July 2016 at $20, you would have made about $3 an oz. Based on these charts, has silver been a good investment? Compared to the alternatives it has not. The argument is always, and this argument has been going on for 30 years, silver is just about to moonshot. There is always a reason as to why silver's breakout is just around the corner. Too few reserves, economic bubbles, recessions, inflation, gold silver ratio, market manipulation, today its the government printing money. Lets look at a 100 year chart. Aug 1932 you could have bought silver for 28 cents an oz. Surely this shows silver as a great long term store of wealth. But lets adjust for inflation, silver back in 1917 would have cost you about $20 adjusted for inflation. A $3 dollar inflation adjusted gain in more than 100 years. I wont begin to compare what returns you would have seen with other investments. But maybe silver is really about to jump - lets look at this interesting article in Money Week "Property markets and equity markets in the western world are near or at all time record highs. There is increasing macroeconomic and geopolitical uncertainty in the form of the sharp slowdown in the US housing market, increasing trade friction between the US and one of their prime creditors China (the negative impact of the introduction of US trade tariffs on Chinese paper products and the US' WTO piracy claim may not have been fully realized by and priced into the financial media and the markets) and the continuing geopolitical tensions with Russia, Venezuela and in Iraq, Iran and the wider Middle East. These factors look set to at least curb returns in most property and equity markets. The article suggests silver is the opportunity of a lifetime, all so relevant! The problem is that article was written in 2007. And if you search, you can find archived articles going back decades, some from newspapers and magazines, saying the same thing about silver. I own silver, I agree a 5-10% allocation in your portfolio in metals makes sense, I am buying silver at $23 an oz, I think its a bargain, and hope and expect silver goes up. But would just like to caution inexperienced investors to consider the other side of the story, especially if you are using money you cant lose. Silver is less volatile than Bitcoin, and you are very unlikely to lose everything, but if it flatlines could some of your money be better allocated elsewhere. #silverinvesting https://youtu.be/7q2pI3LV3vw silver behavior in recessions https://youtu.be/cOkVRDuB7Cg Goldbacks - legal gold currency https://www.macrotrends.net/1470/historical-silver-prices-100-year-chart https://moneyweek.com/3074/why-the-silver-price-is-set-to-soar

Can you still make millions in real estate? Absolutely. Beginners with no money, Realtors, or property developers can use this technique to realize significant real estate profits. We've used this strategy since 2003 & it still works! You know those ads online showing "One weird trick" to lose bellyfat or whatever? This is one weird trick to make millions in real Estate. Its a real thing Not many people do it, I have no idea why. it will work for Realtors to get higher selling prices, for people starting out with zero money, hang in there we'll show you how you can generate up to $50k per deal, starting with no money, it will work for property developers who want to sell more inventory at higher prices. I'll show you some deals we have done and how we did them, and how to get started. So how does this work for real estate? Lets say we bought an old house in a small town in the country or found a house for no money down and we want to flip it. Its a decent house, acre of land, fruit trees, garden, quiet neighborhood. You pretty it up, paint, lighting whatever and its time to sell. If you sell the traditional way - First you go to a realtor, the realtor markets it locally, and you get an offer **based on the local market conditions. So we paid $100k for the house, sold at $150k due to improvements, paid the realtor 5% on $150,000 which is $7500. , subtract expenses $20,000 leaving about $22,500 profit. Yes I'm leaving out land transfer fees, insurance costs, that's not the point to the video. And yes houses in heated markets are a million or more, also not the point, heated markets aren't great for this strategy. So let's look at how to make $80,000 profit on that same deal instead of only $22,500. So to get top dollar, we don't want to just sell this house, we also want to "market" the house, find our ideal buyer. And if you understand the distinction between sales and marketing you are ahead of the game. So first, question, do you think, somewhere in the world someone would pay you $200,000 for that house. Local people likely wont, they are familiar with the market conditions. Your Realtor also wont really want to show the house if you list so high because they have 10 other local choices that are cheaper. So who would pay me $200,000 for that house. Maybe an older couple living in the big city, just retired, looking to move out to the country. We sold multiple houses this way. Peoples city house is worth 1.5m they arent going to haggle over a few thousand dollars over market, especially if they love the house. It might be someone working in tech, paying $3000 a month rent in the city, sees they can get a house for under $1000 a month with fruit trees, near a beach, clean fresh air, and they can work from home. Maybe a virtual business owner living in the city sick of the high costs and wants to slow down. To any of these people $200,000 is a great price, while local buyers will never pay that. Plus, the way we market the house, you will usually have multiple buyers so if anyone wants to haggle they lose the deal and you can tell them maybe next house. Real estate is worth whatever buyers will pay, so if you expand outside the local market you increase the perceived value of the house considerably. So how do we do this. 1. Determine the ideal buyer for your property, and Ill give you real world examples of what we have done below. 2. Create a great listing for your property. Can be a wix site, whatever. Make it nice talk about the area, the clean air, the features of the house, neighbors whatever. Pictures, videos, make people fall in love with the house and you'll often get offers without people even visiting. 3. Advertise. Ebay, Craigslist, Kijiji, Google Ads, Facebook, there are countless ways to find buyers online and your targeting ability is incredible. You can target retired people in the city, vegans if you have a veg garden, surfers if you are near a beach, online marketing you can laser target your ideal demographic, usually for a low price per click. 4. Show the house, or just take offers. many of our properties sold sight unseen. If you have no money or dont want to look for no money down deals or take risk, you can't legally split commissions with realtors in the USA as the industry is so regulated, but there is no law for generating leads for private home sellers, or realtors, and no cap on how much you can charge for a lead. Also you can market fractional real estate or certain investment real estate around the world. We used to market developments in Costa Rica and Belize, developers would pay us up to 10% referral fee 10% on a half million dollar condo, that's a $50,000 commission. Even if you just generate leads most will pay you 2.5-4%. Just reach out to the developers of quality projects, many of them will sign a referral agreement. Silver Arbitrage https://youtu.be/OU9XClNPop0 Land Investing https://youtu.be/6YL2W8qiNqk #franchisecity #realestateinvesting

Imagine a little known industry where a single commission check could make you a millionaire! 5 Real industries and action steps to entry. 1: Apps. We are just at the beginning of the APP revolution and people are making good money in apps. At the high end Markus Persson developed Minecraft -now worth $1.75 billion. Snap Chat Evan Spiegel turned down a $3 billion offer from Facebook. And Jan Kourn, who was on welfare and food stamps created Whatsapp and sold it to Facebook for $22 billion. Top 200 apps generate on average $82,500 daily, top 800 around $3500 daily. Building apps is becoming much easier with services like AppyPie, and ibuildapp, where even with minimal coding skills you can build an app, or convert your existing website into an app. How to get started - either improve on an existing app or crate a brand new one. If you lack any skills you can hire app builders on sites like Fiverr or odesk quite reasonably. 2: Real Estate I believe we may be seeing a reversal in housing prices in the not too distant future, there are a lot of people behind on mortgages, behind on rent, so speculating, which is buying and holding, in certain markets may be increasingly risky. And is buying and holding real estate really going to make you rich? According to the National Council of Real Estate Investment Fiduciaries in 2021 the average 25-year return for private commercial real estate properties held for investment purposes had average returns of around 10% Residential and diversified real estate investments also averaged returns of 10.3%. That is around what you would have seen investing in the S&P and stocks are a lot easier than owning a rental property! Flipping real estate, earning money on improvements is generally still an option even when the bubble pops. The average return on flipping is arond 15-20%, but if you improve your game you can earn 50% or more. If you lack capital you can find partnerships, no money down deals, and loan rates are lower now than ever. The key in flipping is when you take in significant chunks of money in any business, for example a 100k profit on a flip, it is much easier to save a million, than taking small amounts from a weekly paycheck. We recently created a detailed video outlining how to *market real estate to command higher asking prices, this works for flippers, agents or anyone selling a house Il post the link above and at the end. 3. M&A Mergers and Acquisitions. Imagine an industry where a single commission can be $250,000, or even as high as a million dollars. A regular business broker sells businesses much like a real estate agent sells houses, representing businesses under a million dollars, and will generally receive a 10% commission. $100k commission is not bad although you dont necessarily keep all of it if you are in a brokerage. An M&A intermediary handles business sale transactions over a million dollars, and commissions are typically on a declining scale starting at 10% on the fist million and reducing from there, commissions in M&A can e significant. How to enter? You can start working for a brokerage or buy a franchise like Sunbelt. 4: Online Business. Never in history has the barrier to entry been so low to start a business. You can start a website for under $100, advertise to a very specific target demographic for pennies per click, grow your business and once you reach a certain benchmark there is a huge existing demand from buyers looking for acquisitions. If you look at websites like Digital exits or Flippa you will see hundreds of examples of people who started a website, built the business and are now selling. Most online businesses sell for a multiple of its revenue. So if the business has $100,000 profit and sells for a 2.5 multiple, that is $100 X 2.5 = $250,000 and there is a huge demand for decent business now so selling prices are at a premium. Types of business you can start - lead generation, Amazon FBA, drop shipping, blogs with ad revenue and many more. 5: Master Franchising MF has been called one of the best kept secrets in franchising. Instead of buying one single franchise location, you buy the rights to sell franchises within an entire territory. So you might buy the license rights to 15 locations in your city. You then sell those franchises, maybe opening up one or two yourself, but you keep 50% of the franchise fee, and 50% of the royalties for all those locations in your territory. Its a lot of work at first getting your franchisees ramped up, but once you are operational it can be relatively passive income. Most companies dont advertise their master franchises so you can contact a Broker - like Franchise City - to see what s available. https://youtu.be/khSJWVYtJh4 Make Millions in Real Estate https://youtu.be/dsHB2FgKB04 Six profitable Home Business ideas https://www.ncreif.org/globalassets/public-site/webinar--education-page-images/webinars/2021q1/webinar-slides-1q-2021-v2.pdf

What exactly is a franchise, why has franchising been so successful, ways to buy a franchise even if you have no money, and why you actually may not want to! There are highly technical explanations for what franchising is and how it works let's keep it simple. Let's say I start a business selling pies. Bob's Pies I do incredibly well, and eventually my pie shop is making a million dollars a year. Of course I want to expand and spread my pie love across the country, or world. But every new pie location I personally open costs me about $300,000 of my own money and a lot of time. It would be 3 million just to open 10 stores, and opening stores is not easy! I have to worry about hiring a manager for the stores, trusting a manager with the stores, finding a suitable location, and lots more. I'm also taking a lot of time away from my own pie store which could hurt my business. Another option is to franchise the business. So me, Bob's pies, sells the rights to people who want to open their own Bob's pies locations in their own city. I let them use my fancy logo, show them all my secrets from how to bake the pies, all the ingredients, where to source them, what hours to open, how to do catering and make more money, we get volume discounts by combining our purchases, everything the buyer needs to know to replicate my very successful pie business, and everything I learned over the years so they can ramp up quickly and avoid all the costly mistakes I made. The buyer pays a franchise fee, they usually range around $30-$50,000, as well as a royalty, which is a portion of their gross sales, which might be about 6%. So if that new store also makes a million dollars, I make $60,000 a year from every store that opens. Now I dont make as much as I would if I opened it myself, but I can scale up much faster using other peoples money, and expand to 10-20-50 or 1000 locations f things go really well. At that point we can also pool our advertising dollars and launch national ad campaigns for the good of our entire franchise system. So I benefit from getting franchise fees and royalties, I have operators with their own money invested so are likely to work harder than a salaried manager, and I can expand as fast as I can find, and support franchise owners. The people who buy my franchise get a proven system, and basically an instruction manual on everything they need to know to build a successful business just like I did. Its a win-win situation. That is how franchising is intended to work. But the franchise model has become so successful that companies with poor business models, or no proven business model at all, who want to test their idea, with your money, sell franchises and derive income just from the franchise fees. Today, hundreds of new franchises flood the market, many of them give you a good sales pitch, will take your franchise fee, but wont give much in return. Just because a business is a franchise does not mean it is a viable business. Look for proven systems and processes either from the owners first location, or preferably from their long list of existing franchise owners. If you want to buy a franchise there are many ranging from $10k and up, and no money down 100% financed options. passive operations, owner operator, there are about 4000 franchise opportunities. An invaluable tool for buyers in franchising is the FDD, or franchise disclosure document. Every franchise in the USA must register their FDD and provide one to a buyer by law. Many states have supplemental laws, like California and New York, and must approve your franchise before you sell in that state. In the FDD the franchise must disclose things like your estimated investment, if you need to buy product from them, and if they make a profit from selling it to you, any lawsuits or bankruptcies. Franchises can also list their earnings per store, some do and some don't and they can list any numbers they want. Its good to see some financial data regarding what franchise owners are earning, but the franchise can choose what data they want to provide, so it shouldn't be the end of the story. How much do franchises actually earn? https://youtu.be/bHoezHqvMjI A Chick-Fil-A Franchise Costs only $10,000 and Makes 4.5 Million - What's the Catch? https://youtu.be/wv5byMsuzBE Buy a Franchise With No Money https://youtu.be/o8IA0qTDihY #franchisecity #franchisebusiness

Crazy but true! eBay management including two ex- police Captains sent journalists who criticized the company a bloody pig mask, live cockroaches, funeral wreaths, dirty magazines and the book "Surviving the Loss of a Spouse" to intimidate and silence those critical of the company. Imagine you leave a bad review for a company. Instead of addressing the criticism the company uses their highly paid security team to try and intimidate you and shut you down. That's exactly what eBay did, they tried to cover it up, got caught and multiple employees now at the highest levels have been charged, and a major lawsuit has been launched against the company. Ina and David Steiner run a blog out of their home in Boston they started it back in 1999 - ecommercebytes.com. They educate people in the world of online selling, and part of that initiative involved being critical of some of the policies at eBay. Now take note eBay didn't sue them for libel, so it could be reasonably assumed that nothing they said was inaccurate or false. But eBay seemingly didnt like what was being said and the then CEO, (who was allowed to resign and received a 57 million dollar severance package) sent messages directly to eBays security squad stating "Take her down" "Burn her down" "I want to see ashes, as long as it takes whatever it takes" Now because there were no specific directives the CEO himself evaded any criminal charges. Anyway, top ranking members of the security team got on it and their plan to silence the Steiners was a long term intimidation campaign. Just some of the things they did to intimidate and silence the Steiners: 1. Mailed a blood covered pigs head - Inspired by the Godfather movie and the horse head? 2. Sent live spiders and cockroaches to their home 3. eBay flew their security team, first class from California to Boston, to rent cars and seemingly intimidate , stalk and trail the couple. Apparently a screwdriver was bought locally to try and break into the couples garage and install a tracking device on their car. 4. When Ina Steiner kept on reporting on eBay, she didn't cave, and good for her, her husband was sent a book entitled "Surviving the loss of a spouse" and a funeral wreath with the Steiners names. The plan seemingly now as Ina didn't stop reporting was to try and get David to stop his wife from criticizing eBay. David didn't cave either. So eBay retaliated by sending adult magazines in David's name to the neighbors address, to try and disgrace and humiliate him. 5. eBay employees created fake twitter handles and left violet messages like "do I have your attention now, c- word?" "U are sick motha f'ers…and every one will kno! U f'ing c-word ass b-word!" Absolutely insane things were done to try and silence people who just made statements the company didn't like. The eBay employees then tried to cover everything up by suggesting to find a "friendly" cop in the local police, and provide false evidence to to lead the investigation away from them. Keep in mind two of the accused are ex-captains of the Santa Clara Police Dept. So what happened? Well that security manager responsible for this mess was promoted to director of security operations and given a raise from $185k to $205K, this was back in June 2020, about 10 months after the cyberstalking campaign began and just before it became public. Cut to today, after everything was found out and charges filed that defendant just received an 18 month jail sentence, 3 years of supervised release ad a $15,000 fine. Four others involved in the scheme have plead guilty and are awaiting sentencing. The Steiners are now suing eBay as these activities were seemingly condoned at the highest levels. David Steiner was quoted "This has been an unbelievably difficult ordeal for my wife and I," said David Steiner. "Never did we imagine doing our jobs as journalists would lead to this. We want to protect the rights of reporters and their freedom of the press. We have endured enormous cruelty and abuse and feared for our lives. If this behavior can happen to us, it can happen to anyone." eBay put out a statement last year: " An internal investigation found that, while (Then CEO) Mr. Wenig's communications were inappropriate, there was no evidence that he knew in advance about or authorized the actions that were later directed toward the blogger and her husband." Brian Gilbert and Phillip Cooke, both ex- Captains of the Santa Clara police have been charged along with 3 others. Cooke received 18 months and a 15k fine. https://arstechnica.com/tech-policy/2021/07/lawsuit-ebay-tried-to-terrorize-stalk-and-silence-couple-that-ran-news-site/ https://www.ecommercebytes.com/ Ina and David Steiners website https://youtu.be/DkwQJO97oaM announcement of lawsuit

Dog trainers can make over a million dollars? We look at profitable, low & high investment Pet franchises including doggie daycares, mobile groomers, training companies, poop scoopers and more. Pet franchises *can be profitable, but not all of them are. More important than money however is whether your skills match the operational model. So just because you love animals, doesn't mean you should necessarily buy a pet franchise. Many of these businesses require you to do sales, or local relationship building, and the pet care itself is actually handled by employees. Another example - you don't buy a McDonalds because you know how to make hamburgers! and shouldn't buy a pet franchise just because you like animals. Always pay attention to the operational model as well so you are comfortable with what you are doing day-to-day, have local demand and demographic aignment. If you would like to learn more about any of these franchises or need help determining which brands might be best for you, give Franchise City brokers a call: https://www.franchise.city/our-services Let's start with mobile pet grooming. Neat concept, you operate custom built grooming vans in your city that visit peoples homes that groom pets. Benefit to the owners, they don't have to leave the house and sit in a waiting room for their pet grooming. The service comes to them, often for the same price as a local groomer. You don't need any grooming experience as you are hiring the groomers, and the business is scalable to multiple trucks in your area. Just your truck driving around in the neighborhood is great advertising. You can run the business from home, so lower overhead than a restaurant or brick and mortar business. Total investment to start is about $150k- $160k, financing is available. A lower investment option is in-home dog training and there are franchises in this space as well. Why would I need a franchise to train dogs - well because you don't buy a franchise just to learn how to train, you buy a franchise to learn how to scale and grow a business. A top franchise owner in one brand earned over 1.4 million dollars in 2020, which was a strange year, and average gross revenues are $786k with net profit of $337k. Your operational costs are low, and you can also run the business semi-absentee as you are hiring the trainers. Again, most importantly you should have sales and relationship building experience as an owner, as you will be hiring the trainers. All-in investment for a dog training franchise is in the $80-$100k range. If you have a slightly higher budget you can open a pet training gym facility. This is actually less expensive than a doggie daycare, owners can typically open 4 dog gyms for the same cost as a doggie daycare. Services offered are initially training, but owners come back for agility classes, workshops, dog parties and retail products offered at the facility. If you choose to not hire a manager your job again is to get out into the community and network with with vets, groomers, shelter groups, daycares and other local businesses. Your investment is $168,280 - $358,780, and approximate net profit in one brands financials is almost $150k. Next step up in investment is a supermarket retail location for pets. So pet owners come to your retail location and buy food or other pet supplies for their pets. One concern with retail locations is that unlike training services, it is not Amazon proof. True in some cases, but many of the natural high-end food suppliers don't sell on Amazon to maintain price consistency, it is only available in stores. Investment ranges between $440,600 - $1,315,200, and average gross sales in one system are 2.3 million, so you can rival or exceed many of the big name restaurants for earnings with a lower investment. Doggie daycare is at the top of the investment range your all-in cost will be between $600,000 to over a million. In these businesses you are offering daycare, boarding and spa services to pets where owners entrust you with their animals while they are not at home. Because these facilities are typically larger in size, your startup costs will be higher than other options. And our last option - poop scooping franchises, we just covered this last week in its own video - we were shocked to see you could earn millions scooping up with a dog poop franchise, investment under $80,000 -https://youtu.be/eJoSi_Bed9k Dont go direct to a franchise always call Franchise City brokers first to get a second opinion! #franchisecity

Massive story today that if proven true, may be one of the largest global frauds in the history of franchising. We remind viewers that these are allegations that have yet to be proven in a court of law, and several lawsuits are ongoing. Mr. Jeff is a laundry franchise and has sold thousands of locations throughout the world, and now has set its sights on the USA. Our guest today Mr Marcos Enriquez is an entrepreneur in Madrid Spain who invested over $100k euros in a Mr. Jeff franchise and claims his Mr. Jeff experienced was far from what was promised. Marcos is now suing Mr. Jeff as are multiple franchisees who feel they have been fraudulently misled. As always we remind viewers these allegations have yet to be proven in a court of law, and we certainly welcome Mr. Jeff to the channel to share their side of the story. How did you find the Franchise and what attracted you? 1:15 What does Mr. Jeff the Franchise do? 2:59 How much did you invest in Mr. Jeff? 5:30 What was your experience with Mr. Jeff? 7:57 How long did you struggle until you launched your lawsuit? 11:30 Is this a criminal lawsuit or civil? 14:56 What was told to you you feel is fraudulent? 17:07 Do you think this is a viable business model? 18:15 Have other people complained and/or sued? 20:48 How would you like to see the lawsuit resolved? 25:11 Where did the millions go? 27:02 ADDITIONAL YOUTUBERS COVER MR JEFF (SPANISH) interviews 2 franchise owners, (one from Mexico and another from Bolivia). She also calls a sales rep from MR Jeff to contrast some information. https://youtu.be/RZIXKpmfyng Youtuber interviews franchise owners from Chile, Spain, Mexico and Bolivia https://youtu.be/CxV2o-rykoY The TELEGRAM chat where international information is shared is: https://t.me/mrjeffraud Contact Marcos marcosenriquez@gmail.com