Look at Table 15.4. If you were offered the opportunity to buy into any one of the
Question:
Look at Table 15.4. If you were offered the opportunity to buy into any one of the franchise organizations listed in Table 15.4, which one would it be? Explain the rationale for your selection.
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TABLE 15.4 INITIAL COSTS TO THE FRANCHISEE OF A SAMPLE OF FRANCHISE ORGANIZATIONS Franchise Organization Bark Busters Comfort Keepers Game Truck Huntington Learning Centers KFC McDonald's Papa John's Pizza School of Rock Subway Wild Birds Unlimited Year Started Company- Franchising Owned Units 1994 1999 2008 1985 1952 1955 1986 2005 1974 1983 4 0 1 33 4,281 6,399 620 21 0 0 Franchised Franchise Ongoing Units Fee Royalty Fee 364 660 25 318 11,983 26,338 2,909 36 34,134 274 $37,500 $38,500 varies $43,000 $45,000 $45,000 $25,000 $49,500 $15,000 $18,000 8% 3%-5% 7% 8% 5% varies Total Initial Investment $69,100-$97,100 $58,410-$85,280 $115,250-$320,500 $162,000-$257,600 $1.3 million-$2.4 million $1 million-$1.9 million $98,823-$528,123 5% 8% $115,650-$400,400 8% $84,300-$258,300 4% $92,157-$140,736
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Entrepreneurship Successfully Launching New Ventures
ISBN: 9780132555524
4th Edition
Authors: Bruce R. Barringer, R. Duane Ireland
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