so much has been said by experts, pundits, fellow expert forumites, reddit mongers in the dark you name it.
Tell you guys this - I'm in a industry that has some Franchise models.
Automotive side - so its not like food that is such a daily commodity but car servicing/repairs/enhancements obviously has a need and NUMBERS right around the country.
Some of the Franchise's are complete basket case's, not some most.
I feel for the poor independant owner who once had his own small business thinking having a Brand and freshly painted is their golden ticket to greater turn over and stability.....
Same principle, unless your cashed up forget it !
If you are cashed up and don't work it well the holes in your pocket go deeper and deeper but you survive due to other investments kicking the can.
The Franchise charge per invoice is a joke - everything you buy needs to be through their system that margins get less and less.
Out of the many models in my industry and I know the intel from the HQ's and mix with franchisee's - only the top 5 give or take do well, the rest make up the numbers struggle along persisting because they put their lives on the line till they have to sell.
Its been a revolving door for decades.
As said, food ala maccas/kfc etcetc is a daily need for many people - car maintenance is a must do grudge buy but you got to get it done, HTF does a APL Franchisee like the big stad debts whilst pulling under 10k crowds, the team/back room staff running costs, the Jnr costs and facilities, pay the APL etcetcetc
Football Franchise isn't a need to the mass's but a luxury - the real huge % of the fish are not biting no matter what they do.
Question, how many of you actually see many people wearing a APL club shirt whilst casually out and about where you frequent ?????
Put aside you poor fellas going to games.
The merch sales cannot be much chop seriously.
I'm at my local grounds on weekends, I have sons mates turn up our place anytime of the day night.
We go out a far bit - I hardly ever see a APL shirt, TBH I can't recall when I saw one last casually on the streets.
I know I've seen alot more - LFC/United/Barca/RM you name it - even BB gear.