Word: franchisee
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...fast-food fortune. Says a winner in Georgia, who insisted on anonymity: "You see a lot of affluence, and you think it's waiting for you when you grab the keys." But as competition stiffened, a set of Golden Arches has become less golden and more arch. The average franchisee owns 3.4 stores, each of which generates about $1.5 million in sales. With profits falling, though, the resale value of a store is half that of three years ago, according to the consortium's Adams...
From sandals to boots, ALDO is the place for "fashion forward" leather footware and accessories. That includes wide soles for men and platforms for women. Headquartered in Montreal, ALDO opened its franchise in December on JFK St. Patrons have the option of supporting AIDS research by adding an AIDS pin...
Dunkin' Donuts has never seen decor like this. Owner Duarte M. Carvalho says it cost $100,000 to make his branch of the franchise--elegantly named "The Eliot Street Cafe"--a high-class venture. With granite table-tops, polished wood trim and china cups, don't look for the standard...
Toscanini's is where Japanese ichi-buns and soft-drinks meet homemade ice cream and coffee. Based in Central Square, this franchise found its home on Mass. Ave. in March replacing Ultimate Bagel. Come expecting good ice cream to go: there is little room to sit, and when it's...
...promotion that also offered Big Mac sandwiches for 55 cents if you also buy fries and a drink. Many restaurant owners say that initiative hasn't worked, charging that sales were down for the first three weeks of May. Although McDonald's chairman Jack Greenberg dismisses stories of franchisee unrest as "a guy with a fax machine and eight guys with lawsuits," the corporation has found relations with local operators increasingly hard to digest. The company that used to closely follow founder Ray Kroc's dictum that McDonald's would only be as successful as the local restaurant owner...