[bmw-nj]

Does anyone own a Dunkin Donuts franchise? If so, are there any financial requirements to purchasing an existing location that is currently for sale? I understand the current requirements to open up a new location but I am more interested in purchasing an existing location in New Jersey. Thanks in advance for your help.

[jlstyle]

When I attended a franchise workshop about 6 years ago, requirment was $100k in liquid asset and $250k in net if I remeber correctly and same rule applied for the existing location purchase.

Back then, it was a hot piece of cake that was very hard to find an existing store for sale but now I see alot of DD goes out of business.

[bmw-nj]

Thanks for the information. I was not sure if the requirements were the same for new as well as existing locations.

[ShopVac]

Jokingly...you would probably need to get a good drug dealer, as I swear they put cocaine in that coffee. Best coffee there is IMO

Good luck with the purchase.

[bmw-nj]

Originally Posted by travelbro

why not open a Little Caesars?

http://www.americasbestfranchises.co...izza-Franchise

I'm just not interested in the pizza business.

[bmw-nj]

Originally Posted by m_sung

go with McDonald's if you've got 500k cash? can never go wrong!

I believe mcdonalds franchises are over 1M.

[BBBluey]

If you can make it happen over there....
I have never ever seen an IN N OUT Burger without a long ass line of customers, regardless of the time of day or night or location. That's the ticket right there!

[bmw-nj]

Originally Posted by BBBluey

If you can make it happen over there....
I have never ever seen an IN N OUT Burger without a long ass line of customers, regardless of the time of day or night or location. That's the ticket right there!

They are privately owned although I do agree that they are always busy.

[pukicabuki]

Originally Posted by BBBluey

If you can make it happen over there....
I have never ever seen an IN N OUT Burger without a long ass line of customers, regardless of the time of day or night or location. That's the ticket right there!

In-N-Out isn't a franchise. It is family owned. They also very strictly control expansion. New stores have to be within a certain distance of one of their distribution centers.

[BMWrules7]

Originally Posted by pukicabuki

In-N-Out isn't a franchise. It is family owned. They also very strictly control expansion. New stores have to be within a certain distance of one of their distribution centers.

I always wanted to open a whorehouse run by a woman named Burger. Whole new meaning to in--and--out.

[upstatedoc]

what about a white castle? we don't have one around here but in the city those places are always busy.

[MrRoboto]

I remember hearing back when they first started, you could get a Subway franchise for $14k.

[Maestro]

Keep in mind most people never make enough on one franchise to live off, you need at least 3 or more before you seen enough profits to maintain decent life style.

[My335iTT]

These places are finally coming up everywhere in Utah. EVERYTIME I have tried the shitty place they never have half the donuts they advertise made, lines are slow, and the quality is just not there.

[Shaan]

dunkin donuts probably does franchise but more than likely most of the rights to regions have been sold if im not mistaken

youll need 250k minimum in liquid assets and a minimum of 500k net worth per unit according to the website.

[finaloption]

Originally Posted by upstatedoc

what about a white castle? we don't have one around here but in the city those places are always busy.

private. a friends dad looked into bringing one up to WNY/Buffalo.

[amanda hor$t]

the general scheme of food franchises: you'll make what you're projected to make, but the hours will be long and you'll be tied to the store. (i'm assuming you aren't already in that)

i know of several successful food business owners and it's the same general opinion: money's awesome, but it's a working prison.

[Sp82]

Blimpie! FTW!!! beats Subway hands down!

[MidwestGolfBum]

Originally Posted by Maestro

Keep in mind most people never make enough on one franchise to live off, you need at least 3 or more before you seen enough profits to maintain decent life style.

This is completely true, you need to have the money (or have a group) to be able to open them throughout a market.

You will also be more profitable if you are constantly checking on the place or working there all the time as compared to having somebody else run it for you. Dealing with the low quality labor force is also very tiresome.

[pukicabuki]

I feel like the biggest issue with any popular franchise is that the territories in any half decent market are already sold and its up to the owner of that territory whether they want to build or not.

I looked into opening a Taco Bell a couple years ago and ran into this exact problem. I quickly found out that there was a single person that owned the rights to a very large piece of territory and had only built one restaurant. He simply refused to build more. I wrote up a proposal to Taco Bell explaining the situation and trying to get them to split the territory. Their response was "that's a great idea we'll talk to the owner of the territory about opening another location".

[MidwestGolfBum]

Originally Posted by pukicabuki

I feel like the biggest issue with any popular franchise is that the territories in any half decent market are already sold and its up to the owner of that territory whether they want to build or not.

I looked into opening a Taco Bell a couple years ago and ran into this exact problem. I quickly found out that there was a single person that owned the rights to a very large piece of territory and had only built one restaurant. He simply refused to build more. I wrote up a proposal to Taco Bell explaining the situation and trying to get them to split the territory. Their response was "that's a great idea we'll talk to the owner of the territory about opening another location".

This is something that BWW actually "fixed" by forcing you to open at least 2 per market; that they set. You then own the market and need to be able to get the money for 2 stores instead of 1, which causes the barriers to entry to be quite high. Much as you said, the markets which anybody wants have pretty much been bought up, and once they are bought the only way to get in is to buy in as a partner or buy them out completely.

[bumere90]

Originally Posted by BBBluey

If you can make it happen over there....
I have never ever seen an IN N OUT Burger without a long ass line of customers, regardless of the time of day or night or location. That's the ticket right there!

Agree

We need one in FL