Love the topic, Patric. Former CEO Bob Rosenberg taught 4 of my Babson MBA Franchise classes along with Jiffy Lube CEO and now Babson President Steve Spinelli. Separate from that class i even worked on an independent study for Dunkin's Baked-Goods Department. Obviously, they dropped the Donut in rebranding to minimize the Fatty image of their product mix. Regardless, back in class, Professor Rosenberg always addressed such consumer marketing concerns by stating that as long as food tastes good, most consumers don't care what caloric, sugar or fat made up the ingredients. Gulp.
Dunkin in my Area I asked to open with $500k cash, they rejected on non-traditional and trditional both stores, which is insane, the reviewing party guy told me still need 200K more. I happy to own other franchisee which I am earning more then dunkin investors. Dunking needs cash in million to open single small store.
Hello, I'm a french Guy and I have a question for you. Do you think that it's possible to open a franchise in France and if it's possible, is it a good idee?? Thanks
France is one of the largest franchising markets in the world. I'm sure with the right opportunity it is a good idea. I know labor law is significantly more stringent in France than the US so might be best to explore franchises with a low headcount (i.e. not too many employees)
Hi, if you buy a Dunkin Donuts Franchise can this be a passive investment meaning that the franchisee does not have to be involved in the day to day business?
@@theone3129 one of the owners needs to be hands on for 80%+ of fast food franchises. You could have a minority partner that is the day to day operator
@@Vettedbiz Got it so this can be a General Manager or someone from Corporate running the store right? And then what about the 20%? What do the franchisees do for the 20%?
@@theone3129 rarely someone from corporate. You could form a company with one or multiple partners. One of the partners must be actively involved in the business (i.e. their full-time job). The active partner must have ownership but doesn't necessarily need to invest capital for his percentage ownership. We have a podcast on this topic to be released in January. How to best structure a passive franchise investment where you have a day-to-day operator.
I got hired with a possibility of the franchisee retiring and cutting me in as a partner in the near future. What should I look for in a partnering deal?
Maybe not now-CEO thinks conservatives r controversial. How out of touch can you be. Nice way to make 1/2 your customers pissed off. It seems like you're the contraverse now. If you can't say something nice, pay the price
Need help finding the right franchise? Click here:
www.vettedbiz.com/franchises/
Love the topic, Patric. Former CEO Bob Rosenberg taught 4 of my Babson MBA Franchise classes along with Jiffy Lube CEO and now Babson President Steve Spinelli. Separate from that class i even worked on an independent study for Dunkin's Baked-Goods Department. Obviously, they dropped the Donut in rebranding to minimize the Fatty image of their product mix. Regardless, back in class, Professor Rosenberg always addressed such consumer marketing concerns by stating that as long as food tastes good, most consumers don't care what caloric, sugar or fat made up the ingredients. Gulp.
Thanks Kevin! We appreciate the further insights on the brand.
Great video, thank you very much.
Subscribed
You're welcome!
Dunkin in my Area I asked to open with $500k cash, they rejected on non-traditional and trditional both stores, which is insane, the reviewing party guy told me still need 200K more. I happy to own other franchisee which I am earning more then dunkin investors. Dunking needs cash in million to open single small store.
2:45 What happens if the Franchise Term ends after 10 or 20 years? Can you negotiate to renew the term?
Yes, as long as you are not in default as a franchisee, the renewal process is generally quite straightforward
Nice video. Don't have he money yet but the knowledge is worth it.
thanks
Thanks Abdul!
Hello, I'm a french Guy and I have a question for you. Do you think that it's possible to open a franchise in France and if it's possible, is it a good idee??
Thanks
France is one of the largest franchising markets in the world.
I'm sure with the right opportunity it is a good idea.
I know labor law is significantly more stringent in France than the US so might be best to explore franchises with a low headcount (i.e. not too many employees)
is it a good idea to open a Franchisees in uae ?
Do they like donuts there?
@@Vettedbiz who does not ? Offcourse people like donuts here
What do you think about opening donken in TÜRKİYE ?
Do they eat Donuts there?
@@Vettedbiz They eat anything that isn't pork
Hi, if you buy a Dunkin Donuts Franchise can this be a passive investment meaning that the franchisee does not have to be involved in the day to day business?
They generally want to involved day to day. Also operating multiple locations
@@Vettedbiz So how does one make it Passive? Why do so many people invest in a fast food franchise with the goal of it being passive?
@@theone3129 one of the owners needs to be hands on for 80%+ of fast food franchises.
You could have a minority partner that is the day to day operator
@@Vettedbiz Got it so this can be a General Manager or someone from Corporate running the store right? And then what about the 20%? What do the franchisees do for the 20%?
@@theone3129 rarely someone from corporate.
You could form a company with one or multiple partners. One of the partners must be actively involved in the business (i.e. their full-time job).
The active partner must have ownership but doesn't necessarily need to invest capital for his percentage ownership.
We have a podcast on this topic to be released in January. How to best structure a passive franchise investment where you have a day-to-day operator.
I got hired with a possibility of the franchisee retiring and cutting me in as a partner in the near future. What should I look for in a partnering deal?
Earn 5-10% interest in the company for every year you work up until you own 30% of it.
@@Vettedbiz noted, thank you for the advice.
I am interesting to open a Dunkin’ store in Greece.How can i contact the company?
You can contact them directly here:
www.dunkinfranchising.com/
I could just lease a retail space and sell Dunkin coffee and get all the profit minus the lease fees
Until Dunkin' sends a cease and desist letter! Hah
In New England its called Drunkin Dog nuts
Hahahh that's a good one
It will always be Dunkin’🍩Donuts!😎🥂
'Donuts' is neeeded :)
Maybe not now-CEO thinks conservatives r controversial. How out of touch can you be. Nice way to make 1/2 your customers pissed off. It seems like you're the contraverse now. If you can't say something nice, pay the price
Thanks for sharing your opinion!