In this FDD Talk post based on Menchie’s 2014 FDD, you will find the answers to the following questions:
- What was the 2013 average gross sales for Menchie’s reporting locations? How many franchises were included in the sample and what were the criteria for inclusion? How many franchises were excluded from the sample, and for what reasons?
- What was the 2013 gross sales for the single Menchie’s company-owned location?
- What was the 2013 average gross sales for Menchie’s stores in Los Angeles county (the metropolitan area or county with the greatest number of Menchie’s franchised locations)?
- What was the Gross Sales, Net Sales, Cost of Goods Sold, Payroll, Marketing Fee, Rent, Royalty Fee, Utilities, Miscellaneous Expenses, and Net Operating Income for the owner-operator franchise whose actual gross sales was closest to the 2013 average gross sales system-wide?
- What was the Gross Sales, Net Sales, Cost of Goods Sold, Payroll, Marketing Fee, Rent, Royalty Fee, Utilities, Miscellaneous Expenses, and Net Operating Income for the absentee-owner franchise whose actual gross sales was closest to the 2013 average gross sales system-wide?
- How does Menchie’s define the following: Cost of Goods Sold, Payroll, Marketing Fee, Rent, Royalty Fee, Utilities, and Miscellaneous Expenses?
- What was the 2013 average gross sales for Menchie’s locations in the following states: California, Ohio, Washington, Texas, Michigan, Alaska, Hawaii, New Mexico, Pennsylvania, and Florida?
- What was the 2013 average gross sales for locations that were procured under Menchie’s Real Estate 2.0 platform? What changes were made under the 2.0 platform?
- What was the 2013 average gross sales for locations that met Menchie’s Diamond, Gold, and Silver Standards under its Quality Assurance Program?
- What are Franchise Chatter’s latest views on Menchie’s financial performance representations?
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As a current franchisee with more than one location, I would be happy to share my experiences with a potential franchisee to this company!
How can I contact you, Kevin?
Kevin,
How can I reach you?
Thank you, Kevin. I hope our readers take advantage of your generous offer to share your experiences. We may reach out to you in the future when we do another story on frozen yogurt franchises. Thanks again!
Best regards,
Ambrosio
How much would I need to ask for a loan to open a Menchie’s in Dallas Texas?
I want to know more about this franchise opportunity. Thanks.