Wow! What an eye opener. Even with the vendors who have a price increases on Mattress sets they are still 30 to 40% cheaper than what PMD charges. Why would anyone buy through PMD? Now you know why PMD's strength was not management and product but the nefarious license and franchise agreements. Shelia should investigate the pricing as legal counsel. She is a big part of the scam. PMD is misrepresenting what they do. They are a website retailer!
maaco bases everything on that i've been in business 20yrs crap. the problem is for folks buying now. their system fails and maaco's poor operations support just points at the 20yr guy and says it works for them so any problems must be the newbie's fault. do this 20yr man don't just give sonny boy your shop, sell it to him at fair market value if he even qualifies as a buyer, pay maaco their 30% premium, rent him the building at fair market value and really retire. even then he has a leg up because of your reputation but if you did the math as an actual sale today you would see it doesn't work.
maaco currently has active lawsuits against 3percent of its franchisees. add to that all the meineke lawsuits and it is an astronomical number compared to good franchisors. maaco's failure rate is also huge. the argument "the only problem with maaco's system is they are really bad at choosing who owns their franchises" is pathetic.
He has been struggling with his end game for the last three years. He only knows the phone script, stop at the door and throw down a mattress. He is about to lose his unique concept to Dealer Association II or otherwise known as the Franchise Association 2012. He's 350 lbs but shell of himself no doubt. He still thinks its business as usual back from the new normal. Loser!
You better believe Jeff has a exit strategy in the works. Make sure you have one too. Remember history tends to repeat itself.
Make Phone Calls. Get Informed.
Heard that 6 to 8 Franchisees are investigating buying direct. They claim PMD and Jeff provide no value and to pay 35% on top of the wholesale price is retailing. Remember when Mitch use to say so what you can still resell at 30% markup. Once they lose the 8 PMD is no more. Wow, you don't believe that Jeff's design talents are worth 35%??? The Corsicana rep who announced to the group that Royal Heriage was the "low" end of the Corsicana line was right on! Good Sourcing! Keep on lookin as its better without PMD no doubt.
Three more Candy Bouquet's gone...down to 149 US Franchises on CBI's locator...just poof, poof, poof three more gone...and those numbers just keep on dropping lower and lower...Candy Bouquet International continues shrinking faster than growing...and of course we all know once summer gets here even more CBI's are going to fall.
FYI - Repeating again - Just reporting the facts...since history continues to repeat itself in this Candy Bouquet International Franchise company...really there are no ill-will comments against the company or new owners in this post...like I said just reporting the facts.
.
.
90+are not making it. In that 10% that are, they are barely making a living. Certainly not commensurate with the risk they are taking. There is no system, no model, none of the things you look for in a franchise.......a formula or recipe, national advertising, and brand recognition. The web has taken over the shoe biz, and third party reimbursement from Medicare has become so cumbersome it os not worth it. Stay away from this lime you would stay away from a glass of poison.
I am not the poster so I can only comment on what I believe may be one of the reasons for these posts. Whether there are 155, 154, 153 franchisees may not be news in of itself. What it does show is even with new franchisees being established and being added to the numbers, the total keeps going down. Steadily. When I bought my franchise, the company was 800+ strong. Nothing can be done for those of us that bought and lost. I know of not one that has been successful as a candy bouquet franchise as sold. But what we can do is keep other people from falling into this awful money pit. I am hoping that the new owerns have some kind of business plan, model, insight ... something to stop this downward spiral. I want to see every existing franchise be successful. I want someone to turn it around for them. I wish nothing but good for the new owners and all franchisees. But until someone shows it to be successful, I am happy that someone is willing to keep potential franchisees aware of the facts! And the facts show that it is not a viable franchise. Buyer beware!
You post 155, 154, 153, 152. Why bother to report these facts? The current time and temperature are facts also. Do you post those every time they change? Very disengenuos of you. At least make it a once a month status check, or once every 5 or 10 stores. Then it would be more like news. You are obviously obsessed to be following the subject so closely as to notice every time the store count changes by ONE. This has no effect on you or any of the other Zees so what's your point?
We have represented a few of these defaulted Huntington Centers in regards to their personal guarantees. It is an awful situation that happened, and the fact of the matter is with this economic downturn the learning centers all across the country are taking huge hits on revenues, in turn forcing touch decisions to keep the doors open. Feel free to message me with any questions. Ryan@BridgeMgt.com --- Distressed Business Advisor
Most of my clients come to me for the release of their personal guarantees. Bankruptcy is certainly not the only option. The government has put things in place such as the "OIC" Offer in Compromise to settle personal guarantees and any remaining business debt such as SBA loans. Feel free to email me with any questions. Ryan@BridgeMgt.com
Another Candy Bouquet gone...down to 152 US Franchises on CBI's locator. And those numbers just keep on dropping...Candy Bouquet International continues shrinking faster than growing...and of course we all know with summer coming even more CBI's are sure to fall.
FYI - Repeating once again - Just reporting the facts...history repeats itself in this Candy Bouquet International Franchise company...plus there is no ill-will comments against the company or new owners in my post...like I said just reporting the facts.
.
I was a Jazzercuse student for years and years and loved it when I was in my 20's and 30's. I'm in my 50's now and tried to return to class a few years ago, While I never saw a boom box, I did not care for the music, it's obviously Shanna's taste and contains far too much hip hop. After being gone for so long, I found the classes to be like a cult, and the instructor was definitely into herself and basically taught to her friends instead of to the group, Jazzercise promotes itself as being a safe workout, but I never saw much injury prevention being demonstrated. Several women dropped out due to foot problems and I found all the jumping, pounding and lateral movement to be hard on my feet and knees. I tried to return to class a few more times because I remembered all the fun I used to have back in the day, but it just wasn't there any more. I was also lifting weights at the time and traininig hard at the gym, and there were also instructor put downs in regard to people who had gym memberships. I found that laughable because my gym membership was less expensive than a month of Jazzercise, and I had access to so much more. I would expect an instructor to be in denial in regard to any notion that the Jazzercise program may be flawed, but believe it or not there are people who don't like it, and I am speaking the truth.
I am not sure which stores you heard were "thriving". Yes, there are a few where the owners are actually taking home money at the end of the month. But those stores are few and far between. When you purchase a franchise, you are supposed to be purchasing a "system" which works. If only about 2% of franchisees are making it, economy or not, why would you want to buy into that system?
Yes, there are a number of people with sore feet, that need our care. But when your franchise does not do any National or Local advertising for you, it's tough to let people know you exist. The problem, I think is that in order to succeed you abosloutely need new customers EVERY month, not just repeat. We actually do help people get out of foot pain. And that's the good news. The problem, is that once they are feeling better they often start shopping on-line or slowly introducing bad footwear again. The shoes that help with foot pain, are expensive. there aren't alot of people that purchase each month, most make this type of purchase twice a year. Can you survive, with each customer showing up once or twice a year? Not without a steady influx of new customers.
Getting new customers would certainly be easier if the franchise sold the brand on a National basis.
Liberty tax ripped me off $400.
They took over 5 weeks to prepare my taxes....WRONG!!
Then when I asked for "Satisfaction guaranteed or you money back" they told me take a hike, and spit in my face repeatedly phone call after phone call.
Liberty tax of Hanover, PA is they root cause of my pain, but only because Liberty Tax of Lewistown, PA subcontracted them due to their incompetent nature. The corporate office of Liberty is staffed by mindless drones with no power whatsoever over their franchises. The corporate office of Liberty is useless at making their franchisee's obey corporate rules.
We are thinking of considering a Foot Solutions Store. A store we called was not making it and some seem to be thriving. We heard that the the new advertising combined with the "up swing in recession" is making a turn around. I want to know with all of the people with bad feet why is this franchise not expanding?? Are truly 80% of stores not making it??
We have tried to lower our rent and when that did not work, we tried to negotiate out of our lease. The LL was not receptive to either. The center has lost many small businesses and sits at about 40% occupied. (Which negatively impacted our business for sure). The other spaces in the center (some in better locations than ours), have sat empty for up to 18 months. The LL is not budging, and he as already gone after three prior tenants after they left.
The store is paying for itself. It is not paying for me. When I say "going further into debt" every month": I mean that after the store has taken care of itself, I still need to survive personally. Debt. The amount that I am going into debt each month is far less than the current lease. I do not want to do a BK, because I have equity in my home. If I walk away from the business I will still need to pay for my personal expenses while I look for a job, but will still need to pay for the lease too. More Debt.
Another Candy Bouquet gone...down to 153 US Franchies on CBI's locator. And those numbers just keep on dropping...Candy Bouquet International continues shrinking faster than growing...and of course we all know with summer coming even more CBI's are sure to fall.
FYI - Just reporting the facts...history repeats itself in this company...plus there is no ill-will comments against the company or new owners in my post...like I said just reporting the facts.
I am an owner of Maaco. If you work for your self in the front office , Do good work and have exceptional customer service.If will make money as self employed. It all depends on what is your break evens are and the location of the shop if you have lot of trade and retail customers yes you are for sure going to make money.It takes two years to turn around the bad reputation of an existing run Maaco.
Should be willing to invest in high end equipment which derives quality.
Hi everybody,i am james,A dental whitening doctor,Teeth whitening is a promising project,i think,but Nice teeth whitening products that can help you develops business,so you can look spark dental store find you need product.
Wow! What an eye opener. Even with the vendors who have a price increases on Mattress sets they are still 30 to 40% cheaper than what PMD charges. Why would anyone buy through PMD? Now you know why PMD's strength was not management and product but the nefarious license and franchise agreements. Shelia should investigate the pricing as legal counsel. She is a big part of the scam. PMD is misrepresenting what they do. They are a website retailer!
Then let the rest of corp. take their place in line of screwing you. They are all "Yes sir" and can't think or speak for themselves.
maaco bases everything on that i've been in business 20yrs crap. the problem is for folks buying now. their system fails and maaco's poor operations support just points at the 20yr guy and says it works for them so any problems must be the newbie's fault. do this 20yr man don't just give sonny boy your shop, sell it to him at fair market value if he even qualifies as a buyer, pay maaco their 30% premium, rent him the building at fair market value and really retire. even then he has a leg up because of your reputation but if you did the math as an actual sale today you would see it doesn't work.
maaco currently has active lawsuits against 3percent of its franchisees. add to that all the meineke lawsuits and it is an astronomical number compared to good franchisors. maaco's failure rate is also huge. the argument "the only problem with maaco's system is they are really bad at choosing who owns their franchises" is pathetic.
I thought I was getting snuffed by these guys because they didnt return my calls or respond to my emails. I guess it was a blessing in diguise!
what is your fudge company contact info?
Contact me we can lend you money
He has been struggling with his end game for the last three years. He only knows the phone script, stop at the door and throw down a mattress. He is about to lose his unique concept to Dealer Association II or otherwise known as the Franchise Association 2012. He's 350 lbs but shell of himself no doubt. He still thinks its business as usual back from the new normal. Loser!
You better believe Jeff has a exit strategy in the works. Make sure you have one too. Remember history tends to repeat itself.
Make Phone Calls. Get Informed.
Heard that 6 to 8 Franchisees are investigating buying direct. They claim PMD and Jeff provide no value and to pay 35% on top of the wholesale price is retailing. Remember when Mitch use to say so what you can still resell at 30% markup. Once they lose the 8 PMD is no more. Wow, you don't believe that Jeff's design talents are worth 35%??? The Corsicana rep who announced to the group that Royal Heriage was the "low" end of the Corsicana line was right on! Good Sourcing! Keep on lookin as its better without PMD no doubt.
Three more Candy Bouquet's gone...down to 149 US Franchises on CBI's locator...just poof, poof, poof three more gone...and those numbers just keep on dropping lower and lower...Candy Bouquet International continues shrinking faster than growing...and of course we all know once summer gets here even more CBI's are going to fall.
FYI - Repeating again - Just reporting the facts...since history continues to repeat itself in this Candy Bouquet International Franchise company...really there are no ill-will comments against the company or new owners in this post...like I said just reporting the facts.
.
.
90+are not making it. In that 10% that are, they are barely making a living. Certainly not commensurate with the risk they are taking. There is no system, no model, none of the things you look for in a franchise.......a formula or recipe, national advertising, and brand recognition. The web has taken over the shoe biz, and third party reimbursement from Medicare has become so cumbersome it os not worth it. Stay away from this lime you would stay away from a glass of poison.
I am not the poster so I can only comment on what I believe may be one of the reasons for these posts. Whether there are 155, 154, 153 franchisees may not be news in of itself. What it does show is even with new franchisees being established and being added to the numbers, the total keeps going down. Steadily. When I bought my franchise, the company was 800+ strong. Nothing can be done for those of us that bought and lost. I know of not one that has been successful as a candy bouquet franchise as sold. But what we can do is keep other people from falling into this awful money pit. I am hoping that the new owerns have some kind of business plan, model, insight ... something to stop this downward spiral. I want to see every existing franchise be successful. I want someone to turn it around for them. I wish nothing but good for the new owners and all franchisees. But until someone shows it to be successful, I am happy that someone is willing to keep potential franchisees aware of the facts! And the facts show that it is not a viable franchise. Buyer beware!
You post 155, 154, 153, 152. Why bother to report these facts? The current time and temperature are facts also. Do you post those every time they change? Very disengenuos of you. At least make it a once a month status check, or once every 5 or 10 stores. Then it would be more like news. You are obviously obsessed to be following the subject so closely as to notice every time the store count changes by ONE. This has no effect on you or any of the other Zees so what's your point?
We have represented a few of these defaulted Huntington Centers in regards to their personal guarantees. It is an awful situation that happened, and the fact of the matter is with this economic downturn the learning centers all across the country are taking huge hits on revenues, in turn forcing touch decisions to keep the doors open. Feel free to message me with any questions. Ryan@BridgeMgt.com --- Distressed Business Advisor
Most of my clients come to me for the release of their personal guarantees. Bankruptcy is certainly not the only option. The government has put things in place such as the "OIC" Offer in Compromise to settle personal guarantees and any remaining business debt such as SBA loans. Feel free to email me with any questions. Ryan@BridgeMgt.com
Another Candy Bouquet gone...down to 152 US Franchises on CBI's locator. And those numbers just keep on dropping...Candy Bouquet International continues shrinking faster than growing...and of course we all know with summer coming even more CBI's are sure to fall.
FYI - Repeating once again - Just reporting the facts...history repeats itself in this Candy Bouquet International Franchise company...plus there is no ill-will comments against the company or new owners in my post...like I said just reporting the facts.
.
I was a Jazzercuse student for years and years and loved it when I was in my 20's and 30's. I'm in my 50's now and tried to return to class a few years ago, While I never saw a boom box, I did not care for the music, it's obviously Shanna's taste and contains far too much hip hop. After being gone for so long, I found the classes to be like a cult, and the instructor was definitely into herself and basically taught to her friends instead of to the group, Jazzercise promotes itself as being a safe workout, but I never saw much injury prevention being demonstrated. Several women dropped out due to foot problems and I found all the jumping, pounding and lateral movement to be hard on my feet and knees. I tried to return to class a few more times because I remembered all the fun I used to have back in the day, but it just wasn't there any more. I was also lifting weights at the time and traininig hard at the gym, and there were also instructor put downs in regard to people who had gym memberships. I found that laughable because my gym membership was less expensive than a month of Jazzercise, and I had access to so much more. I would expect an instructor to be in denial in regard to any notion that the Jazzercise program may be flawed, but believe it or not there are people who don't like it, and I am speaking the truth.
I would reconsider if it were me.
I am not sure which stores you heard were "thriving". Yes, there are a few where the owners are actually taking home money at the end of the month. But those stores are few and far between. When you purchase a franchise, you are supposed to be purchasing a "system" which works. If only about 2% of franchisees are making it, economy or not, why would you want to buy into that system?
Yes, there are a number of people with sore feet, that need our care. But when your franchise does not do any National or Local advertising for you, it's tough to let people know you exist. The problem, I think is that in order to succeed you abosloutely need new customers EVERY month, not just repeat. We actually do help people get out of foot pain. And that's the good news. The problem, is that once they are feeling better they often start shopping on-line or slowly introducing bad footwear again. The shoes that help with foot pain, are expensive. there aren't alot of people that purchase each month, most make this type of purchase twice a year. Can you survive, with each customer showing up once or twice a year? Not without a steady influx of new customers.
Getting new customers would certainly be easier if the franchise sold the brand on a National basis.
That's my opinion.
Liberty tax ripped me off $400.
They took over 5 weeks to prepare my taxes....WRONG!!
Then when I asked for "Satisfaction guaranteed or you money back" they told me take a hike, and spit in my face repeatedly phone call after phone call.
Liberty tax of Hanover, PA is they root cause of my pain, but only because Liberty Tax of Lewistown, PA subcontracted them due to their incompetent nature. The corporate office of Liberty is staffed by mindless drones with no power whatsoever over their franchises. The corporate office of Liberty is useless at making their franchisee's obey corporate rules.
We are thinking of considering a Foot Solutions Store. A store we called was not making it and some seem to be thriving. We heard that the the new advertising combined with the "up swing in recession" is making a turn around. I want to know with all of the people with bad feet why is this franchise not expanding?? Are truly 80% of stores not making it??
We have tried to lower our rent and when that did not work, we tried to negotiate out of our lease. The LL was not receptive to either. The center has lost many small businesses and sits at about 40% occupied. (Which negatively impacted our business for sure). The other spaces in the center (some in better locations than ours), have sat empty for up to 18 months. The LL is not budging, and he as already gone after three prior tenants after they left.
The store is paying for itself. It is not paying for me. When I say "going further into debt" every month": I mean that after the store has taken care of itself, I still need to survive personally. Debt. The amount that I am going into debt each month is far less than the current lease. I do not want to do a BK, because I have equity in my home. If I walk away from the business I will still need to pay for my personal expenses while I look for a job, but will still need to pay for the lease too. More Debt.
Another Candy Bouquet gone...down to 153 US Franchies on CBI's locator. And those numbers just keep on dropping...Candy Bouquet International continues shrinking faster than growing...and of course we all know with summer coming even more CBI's are sure to fall.
FYI - Just reporting the facts...history repeats itself in this company...plus there is no ill-will comments against the company or new owners in my post...like I said just reporting the facts.
I am an owner of Maaco. If you work for your self in the front office , Do good work and have exceptional customer service.If will make money as self employed. It all depends on what is your break evens are and the location of the shop if you have lot of trade and retail customers yes you are for sure going to make money.It takes two years to turn around the bad reputation of an existing run Maaco.
Should be willing to invest in high end equipment which derives quality.
"...so you can look spark dental store find you need product"
Says "James" who claims:
"...,i am james,A dental whitening doctor,"
Yeah right, doctor of WHAT?
Hi everybody,i am james,A dental whitening doctor,Teeth whitening is a promising project,i think,but Nice teeth whitening products that can help you develops business,so you can look spark dental store find you need product.