The Franchise Owner's most trusted news source

Log In / Register | Jun 25, 2018
  • Teeth Whitening Business   42 weeks 6 days ago

    I would recommend you call your dental board for this question.

  • Teeth Whitening Business   42 weeks 6 days ago

    Davinci sells their products to hundreds of Dentists and Spas. You can't base the whole company and product off of a bad experience you had with someone offering their products/service. That's like saying that XYZ Hair Coloring is bad because your stylist didn't do a good job on your highlights.

  • Teeth Whitening Business   42 weeks 6 days ago

    The Davinci product and customer service speaks for itself. Anyone can say anything, but actions speak louder than words. I personally am happy with my service from Davinci.

  • Teeth Whitening Business   42 weeks 6 days ago

    I've been with the Davinci Teeth Whitening Company based out of Colorado for over 5 years and know several other estheticians in the industry that use Davinci. I have had nothing but good customer service. I switched to them from another company because I was having problems with my products. I'm very surprised to hear you had any problems:-( Perhaps it was just an oversight?

  • Teeth Whitening Business   42 weeks 6 days ago

    DaVinci Teeth Whitening Offers Training and Certification for a reasonable cost. Give them a try,

  • Dear Franny (Guests Post Questions Here)   44 weeks 2 days ago

    Hi Don

    Please don't publish the reason for my question about sourcing FDDs as last time Uri and I surveyed franchisees we got some push back from franchisors. We also (of course) don't want franchisees have a heads up abotutour survey. 


    and, I ran into Liz last weekend at a law teaching conference. She looks really well and is, by now, in your country somewhere. 

    Best wishes


  • Dear Franny (Guests Post Questions Here)   44 weeks 2 days ago

    Hi Don

    How's things over your way?

    Uri Benoliel (Israel) and i are going to do some research on how franchisees rate the chance of their franchisor failing, and if so, how they think it will impact on them. We want to survey franchisees via their emails and therin lies outrcurrent challenge.  

    Are you able to give me any help with sourcing free FDDs? I can access the Minnesota ones easily enough but can't get a reliable link to Wisconsin. The Californian ones don't seem to list current franchisees' email addresses, just their phone numbers - not much use for research f they are on a 'do not call' registry.

    I've looked at the links you posted on BMM in 2007 but they don't seem to work for me now. Thanks for any help you can provide. The research should be very revealing.

    On another matter, I've just (with 2 friends) signed a book contract to write about all the law that affects franchising in Australia - quite a big project. Our completion date is Sept next year.

    Best wishes


  • Dear Franny (Guests Post Questions Here)   44 weeks 3 days ago

    is private eclub another boris bugarski entity?

  • The UPS Store, Tales of Gore   44 weeks 4 days ago

    Its true. Look into history of this frinchise.

  • Franchise Horror Stories   44 weeks 4 days ago

    WOW~ Amazing! Agree with you. My dear friend :)

  • The UPS Store, Tales of Gore   45 weeks 5 days ago

    I'll revise my comment... I'm a customer now using my third closest UPS store, as the two that were closer to me both went out of business in the last 5 years.

  • The UPS Store, Tales of Gore   45 weeks 5 days ago

    I can tell you that in the northern suburbs of Detroit all but one of the UPS Stores went out of business.

  • MAACO   45 weeks 6 days ago

    There is a graph at the bottom of the page linked below quoting source "Maaco disclosure document 2016". If you follow their math 23% over 3 years. So every 7 years the bottom 250 churn top 200 remain. Of course this is rough because a few of the top 200 flip too. It means they sell a lot of franchises with no overall growth.

    At one time they claimed "800 franchisees" because if you are married they make you suck your spouse into the agreement. 400 franchises = spouse + spouse = 800 franchisees. pretty slick right?

  • MAACO   45 weeks 6 days ago

    Good note that gives color to the numbers.

    How much are the reported number of franchise and franchise churn numbers?

  • MAACO   46 weeks 17 hours ago

    What is the FDD figure?

    The FDD and its various categories in Item 20 account for the change in ownership, although the general public may not be able to see it. Even if Maaco is inaccurate in their government filings about the changes in location ownership, it's a better place to start than the nice round number that you've seemed to pull out of thin air -- the bottom 250. What are the reported numbers?

    From there we can then fine tune it to see if there is a fudge factor. But we need the official numbers first. What are they?

  • MAACO   46 weeks 3 days ago

    The simple method would be, if Maaco provided accurate information. How many franchises have you sold and resold this year? Since they are stagnant, and have been for so many years, the churn rate is every franchise sold each year.

  • MAACO   46 weeks 3 days ago

    The problem with trying to extrapolate anything from the FDD is, as with anything this Franchisor does, they are experts at manipulating the data in their favor.

    When you try to derive their churn rate you have to dig deeper than you are able from what they provide.

    First big problem is they reuse center numbers. What this means is you can not tell how many times a location has churned over. For example they may have a shop assigned unit M0078. Looks like the shop has been in business forever, number 78, well that shop may have turned over 10 times. Looks historic and successful from their disclosure.

    Second big problem is they do not have to include earning for any shops that do not report 2 weeks or more of earnings during the year. Generally shops do not report earnings because they can not afford to pay the royalties. So the data you receive in the FDD is very skewed. The bottom 100 shops or so are not included.

    Yes, they have 100-200 shops that struggle and have stayed in business. The reality is the bottom 250 are the constant churners, whether resale, new and failed, walk away, etc.

  • MAACO   46 weeks 3 days ago

    "All they do is churn through franchisees."

    What is Maaco's franchise churn rate, or franchise unit turnover rate, as calculated by their latest Franchise Disclosure Document?

    I agree with you. This brand looks like a zombie brand -- i.e. stagnation and no growth. Evidence of a zombie brand would be big discounts in store resale prices. I would imagine that Maaco owners are having a tough time selling their old stores at a decent price.

  • MAACO   46 weeks 5 days ago

    Just a side note. They do not have unit growth in the past three years as reported. The additional units are what Maaco calls "satellite stores". Since so many of their shops do not draw enough business to make a Maaco shop viable, they have 30+/- stand alone sales offices that are not shops but are sales kiosks. An ancillary sales office in a strip mall etc. trying to funnel customers to a shop. These satellites are included in the statistics as additional locations. Most of these additional sales offices do not generate enough additional business to the failing shop they are meant to support, and do not justify the additional rent, staff cost, etc.. Just an additional expense to the Maaco franchisee, additional revenue to Maaco Corp. and a way to pad their falling shop numbers.

  • MAACO   46 weeks 5 days ago

    Check the bar graph from this Entrepreneur ranking.

    Clearly shows how stagnant they have been for at least the last ten years. Reality is even longer. All they do is churn through franchisees. No growth, just need a steady stream of new owners to fleece and Corporate stays in business. They are losing franchisees in Canada and have no Company owned shops.

  • Liberty Tax   46 weeks 6 days ago

    You're not accurate in this statement. They MAY not be enforceable. It is completely dependent on which state you live in and the actual non-compete. There is no blanket statement to say whether they are enforceable or not.

  • MAACO   47 weeks 19 hours ago

    Could you call me to talk about these maaco franchises. I've read all the negative comments about this franchise but would like to talk with a previous owner. My number is 201-468-9218. Text if you can also.

  • MAACO   47 weeks 22 hours ago

    I finally was able to sell my Maaco and get out after nine years of losing big money. A company is buying up Maacos for dimes on the dollar because so many are in really bad financial shape. I have never made a penny in nine years of ownership. I had to turn mine over to my son and go back to work full time just to keep pumping more money into it. When I started my Maaco I had five house, two of them fully paid off, A retirement plan, and three 401Ks. I also had about $350,000 in the bank.
    Now after nine years I still have the five houses (I couldn't sell because of the liens for the SBA loan) but they all have 80%+ mortgages on them, my bank account is zero and all but one of my 401Ks are gone. The one 401K I still have is from a job I took in 2011, and I have had to hit it several times too,
    I now am finally free of the Maaco nightmare but as a parting gift I now have $80,000 in credit card debt to pay off, all went to Maaco. So now that I can sell my houses I am doing so and even after selling all of them, and using the proceeds to pay off Maaco credit card debt, I will still have about $20K in CC debt.
    So anyone who is even remotely considering a Maaco as an individual owner should first, get a psychiatric evaluation. If you pass that then you need to be 100% committed to losing everything you have ever worked for and contemplating suicide and or bankruptcy many times.
    Oh and corporate cannot care less if you are making or losing money. You pay your 8% franchise fee no matter what. They absolutely will not even reduce this by even a dollar to help you out.

  • Jazzercise Franchise????   47 weeks 6 days ago

    As a brand new, fresh from audition franchisee......some of these commments make no sense to me. I messed up in my audition and still made it. Every single person in my group made it (20 of us...)

  • Dear Franny (Guests Post Questions Here)   50 weeks 4 days ago

    There is one store still open from that time period in North Ogden, Ut. I believe that she also works for the corporate Real Deals office. Other than that, you are right!!