One Unit, One Year Old Restaurant Begins Franchising!!???
Chutney Joe's, a one unit, quick casual dining operation in downtown Chicago, is beginning to franchise, with hopefully 5 to 10 franchise agreements signed in 2010 and 30 to 40 next year.The one unit site has apparently been open since February 2009, at 611. S. State Street, in the downtown south loop district. According to NRN, the founder indicated they are developing turnkey management systems and the hope that Chutney Joes could attract pent-up money from sidelined investors.
What would have happened if McDonald's franchised after just one year of operations?
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