Word: franchisees
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...these changes are making some longtime franchisees nervous. Store owners typically net about $170,000 on revenues of $850,000 per store each year, even after Dunkin' takes its 5% cut of sales and 5.9% in advertising and management fees. But upgrading to the new look, mandatory by 2015, will cost more than $200,000 per store, wiping out a year's worth of profits. And some question whether the $7,500 TurboChef ovens are worth buying when the new hot food items may bring only marginal sales increases. Microwaves work fine for breakfast sandwiches, they say. Currently...
Fishburne’s blend of humor and sincerity was a hit with the audience. The actor, popular for his role as Morpheus in the “Matrix” movie franchise, repeatedly referenced the trilogy and praised the skills of every performer.
Harvard sports fans sticking around campus this summer, fear not: there’s a new option coming to town to satisfy your athletic itch. Major League Lacrosse’s Boston Cannons have inked a deal to play their 2007 home games at Harvard Stadium, making the Cannons the...
Boston has long been a metropolis resentful towards outsiders, and it takes little to be deemed foreign by the local establishment. When New England Patriots owner Robert K. Kraft proposed to move his franchise to South Boston, local politicians lashed out at Kraft’s proposal and lampooned him...
Two weeks ago, Sid Ganis, the president of The Academy of Motion Picture Arts & Sciences, and Salma Hayek, the cleavage at an otherwise mundane 5:30 a.m. press conference, announced the nominations for the 79th Annual Academy Awards. There were the contenders we all expected, some big snubs, and a...