In all fairness to wireless toyz, a 2 month training was just not enough. It should have been a 6 month training. Also as an owner you needed to be super proactive and learn repairs, that was a business on its own, non of the lazy franchises wanted to learn.I already had knowledge in the wireless industry that’s why I was a success, but I was always learning, the other franchises in my market (Florida) were not motivated to do the work and all closed down within 2 years of starting. I lasted 13 years and then converted into a repair center and I’m opened under an independent name til this day. Cellular ER, in North Miami Beach.
Robert, your presentation skills are outstanding. I'm not even in the market for a franchise and can't wait for a new posting from Franchise City. Consider capitalizing on that skill set for other areas than Franchising.
@@jakp8777 Subway closed NET stores (so stores that opened up are backed out) 866 in 2017, 1,108 in 2018 and 996 stores in 2019. They are averaging 1000 stores closed a year. The new disclosure is due shortly so we can see what happened in Covid times I'm thinking it wont be pretty :-) Thanks for the comment!
@@FranchiseCityOnline One of my friends bought 5 Subway restaurants around 2011, and was even interviewed on a national cable business news channel as a young entrepreneur. By 2013 he’d sold them all. He bounced back, but if he’d picked a better franchise it could have worked out.
Another great presentation from Robert! Never heard of any of those listed and I have lived in the Chicago Metro are for 44 years. That aside, why in the world would anyone by a tanning franchise? Just buy your own machines, rent a really nice commercial space, make sure the interior is pretty and immaculate, etc. and you might have a chance of success IF you are in the right market. Just sayin'... :)
Facts! Or people who closed the stores and didn't take a loan, or those who had the money to pay back the loan despite the business failing. Thanks for the comment :-)
Always enjoy and learn from you videos. I was wondering if you had any insight on Kelly’ Cajun Grill franchise . I know the founders family and wanted to learn if you had any thoughts
Without knowing your abilities, goals, location, competition etc its impossible to say. If you are in the USA or Canada give one of our brokers a call they can help you determine what makes the most sense for your situation. www.franchise.city/our-services Thanks for the question.
Nekter Juice Bar shoule be on the list. I own a Nekter Juice Bar franchise and this company, Steve Schulz, Jeff Barney and others there have made my life a living hell. Very bizarre behavior from them as I would get phone calls from bullies there literally screaming at me. These scammers had even tried stealing my store back from me starting a few days before the store opened and countless times while I owned it. They sent me countless, meritless legal letters and threatened me (verbally) countless times legally all while I had worked over 100 hours per week at times to help build their brand. And constantly they were sending Nekter representatives (thugs) to harass my employees and me. And their brand is really just glorified, high-sugar, expensive drinks that really are not even that healthy. Many of their recipes call for an insane amount of sweetener but people are fooled by the marketing. Steve Schulz is a snake oil salesman con artist fraudster as well and many don't know but he was caught labeling his products as organic when they were not. Many franchisees have lost a lot of money with these liars. Steve Schulz is a proven con-artist. What can you say about a guy who sleeps around behind his wife's back even with Nekter employees (even at a company event in front of everyone) and then show up on Christian podcasts talking about his strong faith. He uses the obese, Barney Rubble looking fat boy Jeff Barney as his thug. Run from Nekter Juice Bar if you are considering a franchise with them. Many people have lost money with them. It is hilarious listening to some of these Nekter owners profess positive sentiments for Nekter as I know many of them on these videos and they have extremely negative things to say about Nekter and Steve Schulz when in private. The reality is that only a very small percentage of owners make decent money. 10 years ago Steve Schulz would boast constantly that he would have close to several hundred stores by 2020 and they have been stuck at around 200 for the last several years. And I feel storry for many people who signed franchise agreements stating a short window where they must build there store otherwise they lose their $35,000 franchise fee. It is an easy scam for Steve Schulz to legally steal that money from many scammed, unsuspecting people.
I’m in vending. I go to the NAMA Show every year and read a fair amount of industry news. I’ve neither heard of nor met any representative from 24seven Vending before seeing this video. Who the hell are these guys, a mafia front?
@@FranchiseCityOnline Ahh... at least that name rings a bell. Either way they couldn’t be ethical players with that kind of failure rate. This business isn’t for everyone, requires more work than a lot of people think to both develop and maintain client relationships, but with decent locations should always generate an adequate ROI.
@@jkholtgreve True! There seems to be a lot of sharks in vending selling turnkey get rich quick schemes and easy riches. Everyone I have spoken to that made it worked quite hard at building a successful route :-)
There are a few that look really strong. Overall the industry looks decent. If you are looking feel free to call we have multiple reports and tools to help find the best options (free) www.franchise.city/our-services Thanks for watching!
I can help to warn you away from it :-) Franchising is highly regulated and not inexpensive to enter. This vid outlines the challenges: th-cam.com/video/PpVb1xvm5vY/w-d-xo.html If you are still interested contact me thru Franchise City and I'll send you a couple of good development companies to speak with. Thanks for watching.
In all fairness to wireless toyz, a 2 month training was just not enough. It should have been a 6 month training. Also as an owner you needed to be super proactive and learn repairs, that was a business on its own, non of the lazy franchises wanted to learn.I already had knowledge in the wireless industry that’s why I was a success, but I was always learning, the other franchises in my market (Florida) were not motivated to do the work and all closed down within 2 years of starting. I lasted 13 years and then converted into a repair center and I’m opened under an independent name til this day. Cellular ER, in North Miami Beach.
Great info! Thanks for sharing.
For all of you surgeons rushing to get to the operating room - list starts at 1:40 :-)
Robert, your presentation skills are outstanding. I'm not even in the market for a franchise and can't wait for a new posting from Franchise City. Consider capitalizing on that skill set for other areas than Franchising.
Thanks for the kind words :-)
Never heard of any these franchises. Brand recognition is important.
True, but Subway has closed more locations than all of these combined - brand recognition alone is not a guarantee :-) Thx for the comment.
@@FranchiseCityOnline they also opened a lot more. If you open and close 1 franchise, you have 100% failure. Percentage closed is more important.
@@jakp8777 Subway closed NET stores (so stores that opened up are backed out) 866 in 2017, 1,108 in 2018 and 996 stores in 2019. They are averaging 1000 stores closed a year. The new disclosure is due shortly so we can see what happened in Covid times I'm thinking it wont be pretty :-) Thanks for the comment!
@@FranchiseCityOnline One of my friends bought 5 Subway restaurants around 2011, and was even interviewed on a national cable business news channel as a young entrepreneur. By 2013 he’d sold them all. He bounced back, but if he’d picked a better franchise it could have worked out.
Thank you for keeping me up-to-date keep up the great work
Thank you thank you and thank you. Extremely valuable information
Thanks Hassan :-) Hope u r doing well.
Love you guys .... God bless all
Another great presentation from Robert! Never heard of any of those listed and I have lived in the Chicago Metro are for 44 years. That aside, why in the world would anyone by a tanning franchise? Just buy your own machines, rent a really nice commercial space, make sure the interior is pretty and immaculate, etc. and you might have a chance of success IF you are in the right market.
Just sayin'... :)
Thanks! Appreciate the kind words :-) And agreed, some industries really don't provide the benefits of the franchising model.
I haven't heard of any of those.
And this doesn't take into account the % of remaining locations that are making almost no money, or not enough to matter....
Facts! Or people who closed the stores and didn't take a loan, or those who had the money to pay back the loan despite the business failing. Thanks for the comment :-)
they should have called franchise city first
Wow that was an unexpected drum roll!
Are these franchises regional? Never heard of any of them...
Some are regional - others national with hundreds of locations. Thx for the question.
Great, informative video. Thank you. Drop the "worrying dude", completely unneeded. Please make a video about liquor/convenience stores.
Always enjoy and learn from you videos. I was wondering if you had any insight on Kelly’ Cajun Grill franchise . I know the founders family and wanted to learn if you had any thoughts
Thanks for watching! Sorry I dont have anything on file for that franchise. Looks tasty tho :-)
Good video Robrt , how's the east coast these days?
Thanks! Almost snow free - not that we can leave the house anyway....... :-)
go to 1:40 if you can't wait
How is Care Patrol ?
Depends on the market and the persons skills. Just call us! www.franchise.city/our-services
Any opinion on ice franchises? Very low upfront costs
Without knowing your abilities, goals, location, competition etc its impossible to say. If you are in the USA or Canada give one of our brokers a call they can help you determine what makes the most sense for your situation. www.franchise.city/our-services Thanks for the question.
Nekter Juice Bar shoule be on the list. I own a Nekter Juice Bar franchise and this company, Steve Schulz, Jeff Barney and others there have made my life a living hell. Very bizarre behavior from them as I would get phone calls from bullies there literally screaming at me. These scammers had even tried stealing my store back from me starting a few days before the store opened and countless times while I owned it. They sent me countless, meritless legal letters and threatened me (verbally) countless times legally all while I had worked over 100 hours per week at times to help build their brand. And constantly they were sending Nekter representatives (thugs) to harass my employees and me. And their brand is really just glorified, high-sugar, expensive drinks that really are not even that healthy. Many of their recipes call for an insane amount of sweetener but people are fooled by the marketing. Steve Schulz is a snake oil salesman con artist fraudster as well and many don't know but he was caught labeling his products as organic when they were not. Many franchisees have lost a lot of money with these liars. Steve Schulz is a proven con-artist. What can you say about a guy who sleeps around behind his wife's back even with Nekter employees (even at a company event in front of everyone) and then show up on Christian podcasts talking about his strong faith. He uses the obese, Barney Rubble looking fat boy Jeff Barney as his thug. Run from Nekter Juice Bar if you are considering a franchise with them. Many people have lost money with them. It is hilarious listening to some of these Nekter owners profess positive sentiments for Nekter as I know many of them on these videos and they have extremely negative things to say about Nekter and Steve Schulz when in private. The reality is that only a very small percentage of owners make decent money. 10 years ago Steve Schulz would boast constantly that he would have close to several hundred stores by 2020 and they have been stuck at around 200 for the last several years. And I feel storry for many people who signed franchise agreements stating a short window where they must build there store otherwise they lose their $35,000 franchise fee. It is an easy scam for Steve Schulz to legally steal that money from many scammed, unsuspecting people.
1:21 Stubstantial?
Lol! Nice catch
I’m in vending. I go to the NAMA Show every year and read a fair amount of industry news. I’ve neither heard of nor met any representative from 24seven Vending before seeing this video. Who the hell are these guys, a mafia front?
Was also known as Intellivend / VTL group.
@@FranchiseCityOnline Ahh... at least that name rings a bell. Either way they couldn’t be ethical players with that kind of failure rate. This business isn’t for everyone, requires more work than a lot of people think to both develop and maintain client relationships, but with decent locations should always generate an adequate ROI.
@@jkholtgreve True! There seems to be a lot of sharks in vending selling turnkey get rich quick schemes and easy riches. Everyone I have spoken to that made it worked quite hard at building a successful route :-)
What do you think about the Massage industry?
There are a few that look really strong. Overall the industry looks decent. If you are looking feel free to call we have multiple reports and tools to help find the best options (free) www.franchise.city/our-services Thanks for watching!
Add the Keyglee franchise to the list. It really sucks.
I bet it's a tanning salon, gas station or a papa johns...
Ballin'
Oh 😂 no, I don’t leak the link
Can you help someone who has an idea for a franchise?
I can help to warn you away from it :-) Franchising is highly regulated and not inexpensive to enter. This vid outlines the challenges:
th-cam.com/video/PpVb1xvm5vY/w-d-xo.html If you are still interested contact me thru Franchise City and I'll send you a couple of good development companies to speak with. Thanks for watching.
@@FranchiseCityOnline Thanks!
These can’t be American franchises right?
Yep - every one.
Bien
im not licking anything.....
I didn't even know play n trade was still around
I hate lawyers
Clean Juice is next