My dad has a franchise of 5 months that is already starting to fail. He has 250k+ put into it, and thats with a shared business partner (500k+ total.) It is located in a great plaza of food and grocery, BUT there is another boba shop 2 minutes from it. I dont know why they chose to build one so close to it. By the end of the second month things started to go downhill and getting worse and worse, only making average of $100-170 dollars a day with $135 dollars needed to pay workers hours for that day. Is there really any way to save this business? Sell the business? Bankrupcy? Any advice helpful
What has he done in terms of marketing? What is the franchisor saying? Did he attend their workshop/course?
This is a big deal and needs to be priority one. $130-150 in sales is like 8 sales! He needs to drive top line immediately. He cannot break the rules with the franchisor but needs a heavy push here
The franchisor isn’t giving them any support and they are located ina foreign country I would break every rule to get my money back what are they going to do come and arrest you?