TIREMAX NAMED ONE OF THE FASTEST GROWING BUSINESSES BY INC. MAGAZINE FOR 2010

Houston, TX- Most recently, Tiremax had the privilege of being recognized by Inc. Magazine as one of the 5,000 fastest-growing private companies in America. Considering there are over 27 million businesses registered in the US, appearing in the Inc. Magazine 5000 fastest growing companies is quite an achievement and great national recognition.

In today’s economy a money-conscious customer chooses to keep their car longer to get more miles out of it instead of buying a new car. This makes tire dealers among those benefiting from this economic downturn. Many businesses have failed during this economic climate, but Tiremax is experiencing growth partially due to the downturn. In fact, they recently opened their 11th company-owned location and have a 12th location planned to open in October. Tiremax is now poised to leverage their strong system of operation that they have created by launching a franchise program. They have a number of interested prospective franchisees that have approached them over the years, which is one of the reasons that they decided to franchise.

Tiremax sells name brand tires and wheels through excellence and professionalism. Focusing on every detail a driver might want; Tiremax is the one stop shop for tires. With expertise in all areas of the wheel, Tiremax is unique by offering high supply, in-stock, name brand tires filled with value and low pricing. This is a franchise that does not just sell tires or wheels, but offers advice and support in repair, replacement and maintenance for smooth driving to come. Tiremax has built their brand, above all else, on superior customer service. To get more information on the Tiremax franchise, visit their corporate website at http://www.tiremax.com/, their franchise website at http://tiremaxfranchising.com/ or call (713) 732-6208.

Tiremax engaged Francorp to assist them in their development of their franchise program. Tiremax was interested in creating a mutually beneficial relationship with their franchisees and sought Francorp’s council on this issue. Francorp has been in business for over 34 years and has helped thousands of companies evaluate and expand through franchising. Acting as a one-stop shop, Francorp assists companies in the development of their franchise business plans, compliance documents, operational manuals, marketing strategies and more to help companies expand. Capitalizing on Francorp’s track record of success and wealth of franchise knowledge, Tiremax is poised to expand with a program specifically designed to leverage their immense depth of intellectual property. If you are looking to franchise your business or learn more about franchising, please visit http://www.francorp.com/ and download the free e-book and take the franchise quiz today!

Looking to buy a franchise? View the franchise opportunities available from Francorp clients at http://www.francorpconnect.com/.

The Current State Of Franchising In The U.S.

IS IT THE RIGHT TIME TO LEARN HOW TO FRANCHISE YOUR BUSINESS?

Due to the challenged world economic state, companies are looking for expansion alternatives that require less capital. This is typical of an economic downturn, though is more significant this time around. Ironically, this presents a very unique opportunity for a franchise distribution model. Economic downturns have traditionally been the greatest periods in history in terms of entrepreneurial activity. When people are out of work, or under-employed, the entrepreneurial “juices” begin to flow more rapidly and new businesses are spawned at record rates. This opportunity allows entrepreneurs to move into those spaces that are left vacant in each industry due to the fact that existing companies are out of business, going out of business, or frozen at the switch and are not thinking about growth. Entrepreneurs willing to embrace new ideas are often able to continue to push forward and grow by creating new market niches.

A study was conducted by PricewaterhouseCooper in 2005 to examine the economic impact of franchising in the United States. At that time, there were 909,253 establishments in franchise systems opened and operating. These businesses directly provided 11 million jobs, an annual payroll of $278.6 billion and an output worth $880.9 billion. Franchised businesses provided more jobs in the United States in 2005 than the manufacturers of durable goods by 2.1 million jobs. Don Boroian, Founder and Chairman of Francorp, Inc. said, “The current economic environment is an extremely fertile field for companies to expand by utilizing franchising.”

Furthermore, given that technology has finally started to catch up to the innovative ideas that were invented years ago, it is far more efficient to provide guidance and support to franchisees. In fact, this technology opens the door for lower volume businesses to franchise. In the old days, if there wasn’t enough revenue in the core business to create a sizable royalty payment to cover monthly site visits plus a profit then the business simply was not franchisable. Now, even smaller businesses with lower volume can consider franchising. Businesses like these, often home based service businesses, seem to be the hottest segment currently in franchising. They typically offer a lower investment opportunity than traditional brick and mortar franchises, ramp up more quickly, can be monitored remotely by tracking information online, and do not require large bank loans, thus have more limited risk.

If you are interested in learning more about franchising your business, please contact Francorp at 800-FRANCHISE to speak with a Franchise Analyst today, or visit http://www.francorp.com.

Click here to view Jimmy John’s video testimonial to get a customer’s view on how Francorp is the right choice for anyone who wants to franchise, http://www.screencast.com/t/zK2knsyQ.

For those of you interested in obtaining information on buying a franchise, please visit http://www.francorpconnect.com.

Patrick Callaway
Francorp, Inc.

OINKADOODLEMOO SOON TO BE FRANCHISING

Englewood, OH- Within months, OinkADoodleMoo will be franchising in towns throughout the Midwest. This Fast Casual restaurant focuses on a Smoky BBQ dine-in or carry-out family friendly concept. OinkADoodleMoo specializes in authentic, applewood smoked ribs, pulled pork, chicken and beef brisket. The restaurant is famous for its remarkable food served fast while the customer eats in a fun atmosphere catered toward an outstanding guest experience. The restaurant will have a theme called “Sophisticated Barnyard” which uses warm textures along with the brand icons, “Oink, Doodle, & Moo” to create a fun atmosphere based on the catchy name, “OinkADoodleMoo.” The items listed on the menu share the theme of the restaurant by offering Oink (Pulled Pork, Baby Back and St. Louis Ribs), Doodle (Pulled Chicken), Moo (Sliced Brisket and Brisket Tips). The simple and straightforward menu is designed for everyone. No matter what is ordered, you need to keep in mind that the “heart and soul” of the operation are original recipes that are homemade daily, in a system that is streamlined and simple to operate.

Economically speaking the timing could not be better to roll out a new franchise concept. Francorp President, Patrick Callaway, says “Franchising in a down economy is ideal as competitors are pulling in their horns and reverting to a survival strategy." This allows franchisors to acquire market share at a much faster pace. In addition, companies are pruning their staff by downsizing middle and upper management personnel that are ideal for operating a franchise location. Franchising is a method of expansion that will allow OinkADoodleMoo to expand their business through offering other individuals the opportunity to operate their own location with the brand, operational knowledge and support of the OinkADoodleMoo team.

OinkADoodleMoo consulted with Francorp Inc., the world’s leading franchise development firm, to fully develop their franchise program. Francorp offices are located worldwide and have helped over 2000 companies expand through franchising in over 34 years. Francorp provides customized franchise program development in a one-stop shop for all of the needs of a potential franchisor looking to exponentially expand their business. If you are interested in learning more about OinkADoodleMoo franchise opportunity please visit http://www.oinkadoodlemoo.com/, or call (937) 271-5652.

If you are interested in learning more about franchising your business, please contact Francorp at 800-FRANCHISE to speak with a Franchise Analyst today, or visit http://www.francorp.com/.

MANNY’S NEIGHBORHOOD GRILLE IS ON THE MOVE

Charleston, SC- Manny’s Mediterranean Café is sweeping the city by sea and by land. This Mediterranean café is attempting to give concepts like Buffalo Wild Wings a run for their money. They have recently sold another franchise and are looking for more owner operators interested in taking advantage of a strong segment in the food service market place.

Manny’s offers high quality Mediterranean food at great price points. This casual dining space is that market that had been previously dominated by TGIFriday’s, Bennigan’s, Applebee’s, Ruby Tuesday and companies of the like. Manny’s offers a great alternative to these “me too” concepts. People are still looking for a nice place to eat with their family on a budget and Manny’s has taken advantage of this change in the economy.

Manny’s is now accepting applications for qualified franchisees. To get in touch with Manny’s to learn more about how you could own your own Manny’s neighborhood grille please call (843) 769-5386 or visit their website at http://www.mannysgrills.com/.

Manny’s hired franchise consulting firm, Francorp, to assist them in the development of their franchise program. Francorp has helped franchise over 3,000 companies worldwide over nearly 35 years. Of the Entrepreneur magazine “Franchise 500,” over 100 of these companies consulted Francorp as they expanded their businesses. For more information on how to expand your company via franchising, visit http://www.francorp.com and learn how your company could be the next great franchise success story.

AMAZING SPACES SELLS FIRST FRANCHISE

The Woodlands, TX - Amazing Spaces has just sold their first franchise located in the heart of the Midwest, St. Louis, Missouri. Interest of the self storage brand has been strong since the inception of this high end storage company. This is a business that requires substantial net worth to be able to buy land and build the actual storage facility. “The beauty of this business is that it allows a franchisee to work off a proven model at the high end of the storage industry. At the same time, real estate prices are low which allows franchisees to acquire hard assets, in land and building, at substantial discounts from just a few years prior,” said Patrick Callaway, President of Francorp, Inc.

This first franchise sale will open the eyes of would be franchisees around the country. Amazing Spaces storage centers provide upscale, top of the line, secure, climate controlled facilities designed to provide individuals and businesses alike with customizable storage solutions. These storage units have services that range from wine storage, to RV and boat storage. Catering to the mid to high end consumer willing to pay for the highest level storage solutions, Amazing Spaces provides quality customer service to match their top of the line facilities to create a memorable storage experience.

Choosing Amazing Spaces allows clients to utilize space ranging in size from 60,000 to 120,000 sq/ft of rentable storage. They even offer moving supplies and a business center with Wi-Fi and meeting space. When joining the Amazing Spaces team as a franchisee you will receive in-depth training, marketing materials and support, operations manuals, site selection assistance, proprietary management software, and most importantly, ongoing guidance support. To learn more about an Amazing Space franchise opportunity don’t hesitate to visit their website at http://www.amazingspacesfranchise.com, or call (281) 370-9982 to get direct information.

Amazing Spaces chose, franchise consulting firm Francorp to assist them in the development of their franchise program. Francorp has helped franchise over 3,000 companies worldwide over nearly 35 years. Of the Entrepreneur magazine “Franchise 500,” over 100 of these companies consulted Francorp as they expanded their businesses. For more information on how to expand your company via franchising, visit http://www.francorp.com and learn how your company could be the next great franchise success story.

The Investing Cube Sells First Franchise

Harrisburg, PA -The Investing Cube, within the first month of offering franchises, has already taken the first step in their new expansion initiative and has sold their first franchise expanding their concept. The Investing Cube was established by Zack Weist with the simple mindset of making the smartest investment decisions when investing in real estate. With proprietary wholesale listing at tremendous discounts, contractor relations, sales techniques and buyer relationship tools, The Investing Cube is a single source for real estate investing professionals and amateurs alike. Participating in the real estate whole sale for over nine years, Zack has spent his career learning the ins and outs of various real estate markets. This experience has allowed for Zack to develop and adapt his business model to meet the demands of today’s market. With their experience in the field, The Investing Cube is now looking to expand and share their opportunity with entrepreneurial minded individuals looking to be their own boss with the backing of an existing brand and proven system.

The Investing Cube consulted with Francorp Inc., the world’s leading franchise development firm, to fully develop their franchise program. Francorp offices are located worldwide and has helped over 2000 companies expand through franchising in over 34 years. Francorp provides customized program in a one-stop shop for all of the needs of a potential franchisor looking to exponentially expand their business. In addition to the business plan, compliance documents, operations manuals and marketing strategy that Francorp developed, The Investing Cube has utilized Francorp’s franchise marketing, sales and management courses designed to help both new and experienced franchisors grow their business using the latest methods and tried and true approaches.

If you are interested in learning more about The Investing Cube’s franchise opportunity please visit http://www.padeals.com or call (717) 554-9065.

If you are interested in learning more about franchising your business, please contact Francorp at 800-FRANCHISE to speak with a Franchise Analyst today, or visit http://www.francorp.com.

PICKETT’S BAMBINO OPENS NEW LOCATION

RIGBY, ID – Pickett’s Bambino opened a new flagship location to make it their third company owned location. Pickets will soon begin to offer franchises after receiving countless inquiries over the years from people interested in opening a Pickett’s Bambino location of their own. Do to the great demand of the pizza in their family restaurant, Ryan Pickett decided to branch out and create a new age fast casual restaurant of his own, Pickett’s Bambino’s. His signature product is called the “Bambino,” which is described by Ryan as follows, “a calzone-like product, but with empanada-like dough rather than the pizza dough used in calzones.” The individuality of this “Bambino” brings out the homemade characteristic which allows it to stand out from any other pizza in the food industry. Manufactured form a secret family recipe, both the dough and the sauce are made fresh providing supreme taste and excellence. Pickett’s Bambino believes the locals love it, the not-so-locals will drive for it, and those having moved away, always find their way back to get their Bambino fix while visiting.

Pickett’s Bambino consulted with Francorp Inc., the world’s leading franchise development firm, to fully develop their franchise program. Francorp offices are located worldwide and have helped over 2000 companies expand through franchising in over 34 years. Francorp provides customized programs in a one-stop shop for all of the needs of a potential franchisor looking to exponentially expand their business.

If you are interested in learning more about The Pickett’s Bambino franchise opportunity please visit http://www.pickettsbambino.com or call (208) 745-8567.

If you are interested in learning more about franchising your business, please contact Francorp at 1-800-FRANCHISE (800-372-6244) to speak with a Franchise Analyst today, or visit http://www.francorp.com.

KLA SCHOOLS SELL FIRST TWO FRANCHISES

MIAMI, FL – Kids Learning Adventure believes each child is born with infinite qualities and values. KLA decided to conduct a worldwide study of the industry determining which areas needed attention and investment in order to improve the quality of education and life. The study found that education for children through the age of six has the greatest overall impact on the type of people that they become as adults. It is the belief of KLA Schools that superior education techniques will result in making the most positive impact on the future of our society. This critical period allows children to learn the fundamental pillars which allow them to be successful in their future education and professional endeavors. KLA’s philosophy is to be carried out by emphasizing the child’s abilities, competence, and natural aptitude, developing and fostering the child in ways that encourage the development of new and inherent talents. With these new-found abilities, KLA School’s philosophy allows the child to embark upon growth in life with confidence, especially in his or her future educational endeavors.

KLA Schools has three current company owned locations in the Miami area and is in the process of opening up the two new franchised locations in the area as well. KLA Schools consulted with Francorp Inc., the world’s leading franchise development firm, to fully develop their franchise program. Francorp offices are located worldwide and have helped over 2000 companies expand through franchising in over 34 years. Francorp provides customized programs in a one-stop shop for all of the needs of a potential franchisor looking to exponentially expand their business.

If you are interested in learning more about the Kids Learning Adventure franchise opportunity please visit http://www.KLAschools.com or call (305) 377-0391.

If you are interested in learning more about franchising your business, please contact Francorp at 1-800-FRANCHISE (800-372-6244) to speak with a Franchise Analyst today, or visit http://www.francorp.com.

Francorp Inc. President, Mr. Callaway, Returns From Visit To Francorp India

Francorp President, Patrick Callaway, just returned from a trip to Francorp India. While there, he visited Francorp operations in Deli and traveled to a franchise exposition produced by Franchise India in Mumbai. While at the conference, Mr. Callaway conducted a one day “Master Class” for would be franchisors to provide them with the understanding and foundational knowledge for creating a franchise model of distribution. While in Mumbai, Mr. Callaway had the pleasure of sitting on a panel of experts with Sam Chopra and Sabrina Samuels. Mr. Chopra purchased the master rights for US based real estate giant, RE/MAX, for India. Ms. Samuels, was brought in to address the need in India for a rapidly expanding young population with high levels of education, but limited experience in professional and business settings. Ms. Samuels is working with Indian companies to offer etiquette training for these young professionals to accompany their recent business degrees.

Mr. Callaway commented that, “for US companies looking to expand, there needs to be a greater emphasis put on international markets. Certainly, the old adage of expansion by operating close to home for efficiency still remains, though there are a number of factors that make international expansion more relevant now than ever before.” He went on to explain that the growth in India was especially intense considering the economic climate in the US. He mentioned that the skyline in Mumbai was scoured with construction cranes and that millions of Indians are moving into their cities every year. Considering that this is the largest English speaking country in the world, people in the US need to continue to watch this amazing transformation that India is going through. He also commented, “It appears that India is not experiencing the world economic downturn that the rest of us are facing.”

As evidenced by the acquisition of RE/MAX by Mr. Chopra, the people of India are thirsting for US companies to expand into India. There are family businesses that are gobbling up international license rights from western companies at a healthy pace. They are simply acting as the conduit for the Indian population lusting for the upgraded lifestyle we have become accustom to here in America.

Francorp does not typically recommend for US companies to expand internationally before critical mass is obtained within the US. Though, markets like India now need to be seriously considered for expansion, when in the past those opportunities seemed too farfetched. Technology along with a cultural shift to the world economy mindset will continue to offer opportunities for US companies to expand beyond our borders.

Francorp has been in operation for over 34 years, making it the world’s oldest and largest franchise consulting firm and has assisted over 2000 companies with franchise expansion. With an entrepreneurial mindset, Francorp provides an “all under one roof” approach which allows for you to focus on your business and have one single point of contact and consultation. Francorp has offices all over the world and can assist your company in any of your franchising needs. To learn more about Francorp and how they can help your business expand via franchising, visit their website at http://www.francorp.com.

THE INVESTING CUBE SELLS FIRST FRANCHISE

Harrisburg, PA -The Investing Cube, within the first month of offering franchises, has already taken the first step in their new expansion initiative and has sold their first franchise expanding their concept. The Investing Cube was established by Zack Weist with the simple mindset of making the smartest investment decisions when investing in real estate. With proprietary wholesale listing at tremendous discounts, contractor relations, sales techniques and buyer relationship tools, The Investing Cube is a single source for real estate investing professionals and amateurs alike. Participating in the real estate whole sale for over nine years, Zack has spent his career learning the ins and outs of various real estate markets. This experience has allowed for Zack to develop and adapt his business model to meet the demands of today’s market. With their experience in the field, The Investing Cube is now looking to expand and share their opportunity with entrepreneurial minded individuals looking to be their own boss with the backing of an existing brand and proven system.

The Investing Cube consulted with Francorp Inc., the world’s leading franchise development firm, to fully develop their franchise program. Francorp offices are located worldwide and has helped over 2000 companies expand through franchising in over 34 years. Francorp provides customized program in a one-stop shop for all of the needs of a potential franchisor looking to exponentially expand their business. In addition to the business plan, compliance documents, operations manuals and marketing strategy that Francorp developed, The Investing Cube has utilized Francorp’s franchise marketing, sales and management courses designed to help both new and experienced franchisors grow their business using the latest methods and tried and true approaches.

If you are interested in learning more about The Investing Cube’s franchise opportunity please visit http://www.investingcube.biz or call (717) 554-9065.

If you are interested in learning more about franchising your business, please contact Francorp at 800-FRANCHISE to speak with a Franchise Analyst today, or visit http://www.francorp.com/.

RABINE GROUP NAMED 12TH FASTEST GROWING COMPANY IN CHICAGO

Chicago, IL - Chicago Business Journal powered by Crain’s just announced their fastest growing companies at the end of May 2010 in the Chicago region. Rabine Group of Construction out of Schaumburg, IL has climbed the list and is ranked at 12th overall. The Chicago Business Journal has predicted their five-year growth to reach 667%. Realizing the recession is hitting everyone, the Rabine Group decided to expand their market by attracting business nationwide. In doing so their projects located outside of Illinois grew from 102 in 2008, to 122 in 2009.

Rabine is capitalizing in territory expansion along with the “green” sector of construction. Solar roofs and pervious pavement are two of many options in which Rabine is offering clients as a motive to become a part of the movement. The CEO of Rabine believes the company is able to attract and keep clients due to the wide range of services provided by the company, such as concrete, paving, and roofing. On top of the green movement, Rabine also offers complimentary civil engineering services to help customers with long-term budgeting. In 2009 Rabine had 3,150 clients with no single customer accounting for more than 8% of revenue. To get more information on the Rabine Group of Construction visit their website at http://www.rabinegroup.com.

Rabine Group of Construction hired Francorp looking to expand its concrete division through franchising. Francorp has been in business for over 34 years and has helped thousands of companies evaluate and expand through franchising. Acting as a one-stop shop, Francorp assists companies in the development of their franchise business plans, compliance documents, operational manuals, marketing strategies and more to help companies expand. Capitalizing on Francorp’s track record of success and wealth of franchise knowledge, Rabine Group of Construction is poised to expand with a program specifically designed to leverage their immense depth of intellectual property. If you are looking to franchise your business or learn more about franchising, please visit http://www.francorp.com and download the free e-book and take the franchise quiz today!

Looking to buy a franchise? View the franchise opportunities available from Francorp clients at http://www.francorpconnect.com.

SUNNIBUNNI FROZEN YOGURT SELLS TWO FRANCHISES IN FIRST MONTH

SUNNIBUNNI FROZEN YOGURT SELLS TWO FRANCHISES IN FIRST MONTH

Sarasota, FL – As one is never enough, SunniBunni Frozen Yogurt has sold their first two franchises within the first month of offering franchises. A testament to the concept and its owners Vic and Alex Van Wie, the frozen yogurt industry and SunniBunni are growing with the trend of eating healthy without sacrificing taste or quality. Focusing on customer satisfaction and a hip, vibrant appeal, SunniBunni has made itself the place to be in Sarasota, Florida and soon-to-be two other franchise locations.

SunniBunni has an extreme focus on product quality as they use only the highest quality yogurts and organic toppings. With dozens of toppings from fruits to candies and more, SunniBunni has a flavor and a topping for everyone. Interested in learning more about a SunniBunni franchise? Visit them at http://www.sunnibunni.com, call 941-400-5973 or simply stop in and enjoy a cool treat and speak with the owners.

SunniBunni worked with Francorp to develop their franchise program and help them build a strong foundation for their franchise expansion. Francorp is the world’s leading franchise development firm with offices worldwide and has helped over 2000 companies expand through franchising in over 34 years. Francorp provides customized program in a one-stop shop for all of the needs of a potential franchisor looking to exponentially expand their business. In addition to the business plan, compliance documents, operations manuals and marketing strategy that Francorp developed, SunniBunni has utilized Francorp’s franchise marketing, sales and management courses designed to help both new and experienced franchisors grow their business using the latest methods and tried and true approaches.

Interested in learning more about franchising and/or franchising your business? Visit http://www.francorp.com to download the free e-book and take the franchise quiz today! Need more immediate assistance? Call 800-FRANCHISE (800-372-6244) to speak directly with a franchise analyst to learn more about taking your business the next level and beyond.

Looking to buy a franchise? View information on the SunniBunni franchise and many other Francorp Clients at http://www.francorpconnect.com.

Information on How to Franchise, Help With Franchising

Francorp is the world's oldest and largest franchise consulting firm.  In business since 1976, Francorp has consulted with over 10,000 companies and helped over 2,000 businesses take their business to the next level through franchise expansion.  Whether you are a multi-million dollar corporation or a small business, Francorp possesses the expertise and experience to help assess the franchisability of your business and build a program to help you expand your business in a way that makes sense.  For more information, take the franchisability quiz and view our clients, please visit http://www.francorp.com.

Franchise Consultants Help With Franchising

Francorp is the world's oldest and largest franchise consulting firm.  In business since 1976, Francorp has consulted with over 10,000 companies and helped over 2,000 businesses take their business to the next level through franchise expansion.  Whether you are a multi-million dollar corporation or a small business, Francorp possesses the expertise and experience to help assess the franchisability of your business and build a program to help you expand your business in a way that makes sense.  For more information, take the franchisability quiz and view our clients, please visit http://www.francorp.com.

How to Franchise Your Business, Franchise Consultant Information

Francorp is the world's oldest and largest franchise consulting firm.  In business since 1976, Francorp has consulted with over 10,000 companies and helped over 2,000 businesses take their business to the next level through franchise expansion.  Whether you are a multi-million dollar corporation or a small business, Francorp possesses the expertise and experience to help assess the franchisability of your business and build a program to help you expand your business in a way that makes sense.  For more information, take the franchisability quiz and view our clients, please visit http://www.francorp.com.

Tom Lee's Pricey Pizza

Private-Equity Legend's Deal for Papa Murphy's Has a Boom-Era Flavor

With everyone lining up for their iPads, don't expect anyone to get too excited over the news that Lee Equity Partners will acquire privately held Papa Murphy's, purveyors of the take 'n' bake pizza: make it fresh in the store, take it home and then bake it at your convenience.

But talk to the private-equity cognoscenti, and they will say that this deal is worthy of attention because it is among the strongest signs yet that frothiness has returned to private equity. And we are talking boom-era frothiness.

Lee Equity acquired Papa Murphy's for about $180 million, or roughly nine times to 10 times earnings before interest, taxes, depreciation and amortization, according to people familiar with the deal.

That is a sky-high multiple for a restaurant chain, one reminiscent of pricey acquisitions struck at the market peak, say industry insiders.

It isn't a superleveraged deal. Lee will put debt on Papa Murphy's that amounts to about four times Ebitda, a lower level than private-equity firms used to buy companies during the buyout boom.

Papa Murphy's is currently controlled by private-equity firm Charlesbank Capital Partners, who have owned the business for about six years.

The buyer who paid up for Papa is Tom Lee, one of the founding fathers of the private-equity business. He launched Thomas H. Lee Partners in 1974 and struck a string of successful deals, especially his blockbuster investment in Snapple in the early 1990s. In 2006, he left his firm and founded Lee Equity.

The multiple, far exceeding the price of recent restaurant deals, has raised eyebrows. In February, Mr. Lee's old firm agreed to pay $619 million for CKE Restaurants Inc., owner of the Hardee's and Carl's Jr. fast-food chains. That deal was struck at 5.8 times Ebitda. Between 2001 and early 2006, the average multiple for restaurant deals with values under $250 million was 6.6 times Ebitda, according to a securities filing.

So why the rich price? There is the hot concept. There is the defensive-investment argument: The thinking goes that pizza is a consumer staple and less sensitive to economic cycles. And then there is the growth story: The Vancouver, Wash., company already has 1,200 franchised and corporate-owned stores, but they only cover 40% to 45% of the U.S. population.

Still, the transaction shows that the deal environment appears to be stacked in the sellers' favor. After a two-year pause, billions of dollars of uninvested private-equity money is sloshing around out there, looking for deals. Consumer-focused private-equity types say that there are a limited number of exciting food concepts. When a Papa Murphy's goes on the block, buyers are willing to bake in a lot of hope.

—Peter Lattman—Deal Journal—blogs.wsj.com/deals

TireMax Selling In Texas!!

TIREMAX offers franchises In Texas

TIREMAX of North America is now selling retail tire franchises to Texans.

Each franchise will be locally owned and operated and will follow the TIREMAX approach to the retail tire industry -- impeccably clean, well-merchandised showrooms and red carpet treatment for customers, the company says.

“We are passionate about the TIREMAX brand and what it has to offer,” says Christopher Wilkerson, president of The TIREMAX Corp. “We look forward to working with our franchisees and helping set industry standards for high-quality tire care, innovation and first-class operations.”

Typically, the initial investment for a franchise operation is around $121,700, according to Wilkerson.

TIREMAX launched its franchise program to answer growing consumer demand for people looking for small business options, says the company. The popularity to coax more miles out of existing vehicles instead of buying a new car has put retail tire stores on track to be a huge opportunity in this $30 billion industry, it notes.

“We’ve spent the past 10 years developing systems for the best customer service in the tire industry. We also spend a lot of time educating our employees,” says Wilkerson. “We are passionate about having every customer leave our store and say, 'Wow,’ that was great.' You don’t hear that often when purchasing tires. And, I have to say we exceed our customer expectations.”

According to TIREMAX , each franchise will include these concepts:

* Powerful value -- Every franchisee benefits from competitively priced tires through volume pricing, which then can be passed onto customers.

* Good neighbor -- As part of the TIREMAX franchise experience, every customer is offered free tire balance, free tire repair and free tire inspection.

* Customer service -- Everything has been designed to communicate "wow" to customers, and that starts with customer service from the start.

* Impressive exterior -- The TIREMAX distinctive look will visually set the retail store apart from other retail tire dealers.

* Stunning showroom - The TIREMAX state-of-the-art facilities offer cappuccino, plasma TV, and support a pride of ownership.

* Exceptional staff -- From the start, TIREMAX believes in rigorous selection standards, plus the benefit of TIREMAX’s marketing expertise and consumer understanding.

“We are looking for serious entrepreneurs who have high personal standards of excellence and the capital to invest in a franchise backed by a proven business model,” says Wilkerson.

For more information about franchises, go to www.tiremaxfranchising.com.

TIREMAX offers franchises In Texas

TIREMAX of North America is now selling retail tire franchises to Texans.

Each franchise will be locally owned and operated and will follow the TIREMAX approach to the retail tire industry -- impeccably clean, well-merchandised showrooms and red carpet treatment for customers, the company says.

“We are passionate about the TIREMAX brand and what it has to offer,” says Christopher Wilkerson, president of The TIREMAX Corp. “We look forward to working with our franchisees and helping set industry standards for high-quality tire care, innovation and first-class operations.”

Typically, the initial investment for a franchise operation is around $121,700, according to Wilkerson.

TIREMAX launched its franchise program to answer growing consumer demand for people looking for small business options, says the company. The popularity to coax more miles out of existing vehicles instead of buying a new car has put retail tire stores on track to be a huge opportunity in this $30 billion industry, it notes.

“We’ve spent the past 10 years developing systems for the best customer service in the tire industry. We also spend a lot of time educating our employees,” says Wilkerson. “We are passionate about having every customer leave our store and say, 'Wow,’ that was great.' You don’t hear that often when purchasing tires. And, I have to say we exceed our customer expectations.”

According to TIREMAX , each franchise will include these concepts:

* Powerful value -- Every franchisee benefits from competitively priced tires through volume pricing, which then can be passed onto customers.

* Good neighbor -- As part of the TIREMAX franchise experience, every customer is offered free tire balance, free tire repair and free tire inspection.

* Customer service -- Everything has been designed to communicate "wow" to customers, and that starts with customer service from the start.

* Impressive exterior -- The TIREMAX distinctive look will visually set the retail store apart from other retail tire dealers.

* Stunning showroom - The TIREMAX state-of-the-art facilities offer cappuccino, plasma TV, and support a pride of ownership.

* Exceptional staff -- From the start, TIREMAX believes in rigorous selection standards, plus the benefit of TIREMAX’s marketing expertise and consumer understanding.

“We are looking for serious entrepreneurs who have high personal standards of excellence and the capital to invest in a franchise backed by a proven business model,” says Wilkerson.

For more information about franchises, go to www.tiremaxfranchising.com.

Another Success Story

Francorp client, Kirk McGary, President of Real Property Management, has continued the growth of his company. Even in these challenging economic times, he has continued to grow quickly with about 150 offices open in the US and 7 in Canada. This is pretty impressive considering that they have only been franchising for a few years. Way to go Kirk!

http://www.realpropertymgt.com/

Pizza Hut to Award the Sweetest Tweets

Pizza Hut to Award the Sweetest Tweets with the Sweetest Treats to Celebrate Valentine's Day

Pizza Hut to Give Away Free HERSHEY'S(R) Chocolate Dunkers® to 100 Sweet Talkers
DALLAS, Feb. 11 /PRNewswire/ -- Whether you are a modern day Casanova, a hopeless romantic or just love to flirt, your favorite pick up line may earn you more than just a smile or grimace this Valentine's Day.

Pizza Hut is inviting consumers with silver tongues to share pick up lines – the best, the worst and the cheesiest – by tweeting @pizzahut for the chance to win a single order of HERSHEY'S® Chocolate Dunkers®, Pizza Hut's chocolate-topped dessert sticks. Even if you are more of the target for amateur Cupid remarks than the sugar lips dishing out sweet commentary, Pizza Hut would love to hear a line that won you over.

"Valentine's Day is all about cheesy pick up lines," said Pizza Hut Tweetologist Alexa Robinson. "As a southern girl, one of my favorites is, 'Are you from Tennessee? Because you're the only ten I see!' I'm excited to see what other people send in."

To help set the mood for sweet tweeting, @pizzahut has compiled some more favorites:

"Hope you know CPR because you take my breath away."

"Did it hurt…When you fell from heaven?"

"You must be tired. You have been running through my dreams all night."

"I have had a really bad day and it always makes me feel better to see a pretty girl smile. So, would you smile for me?

How to Enter

Sweet talkers and those who've heard every line in the book alike can enter by visiting http://twitter.com/PizzaHut. Participants are asked to tweet replies using the hashtag #iluvPH and directing tweets to @pizzahut. Submissions must be "G" rated and will be judged on originality and "sweetness" (see Official Rules at www.pizzahut.com/newsroom.aspx). The sweetest tweets will be selected by Tweetologist Alexa and the team at Pizza Hut. Pizza Hut will accept entries February 11 – February 14, 2010. Winners will be notified by direct message on Twitter on or by February 15, 2010.

The Prize

100 sweet tweeters will win a free single order of HERSHEY'S® Chocolate Dunkers®, Pizza Hut's chocolate-topped dessert sticks (in the form of a $5 Pizza Hut gift card).

Pizza Hut's HERSHEY'S® Chocolate Dunkers

Any dessert lover is sure to fall for Pizza Hut's HERSHEY'S® Chocolate Dunkers®. HERSHEY'S® Chocolate Dunkers are freshly-baked, soft, melt-in-your-mouth dessert sticks topped with white chocolate and HERSHEY'S® milk chocolate – served with rich chocolate dipping sauce! The HERSHEY'S® trademark and trade dress are used under license.

About Pizza Hut

Pizza Hut, America's Favorite Pizza, delivers more pizza, pasta and wings than any other restaurant. The only pizza company to be named a top ten franchise in 2009 by Entrepreneur Magazine, Pizza Hut began 50 years ago in Wichita, Kansas and today operates more than 10,000 restaurants in over 90 countries. Pizza Hut, Inc. is a subsidiary of Yum! Brands, Inc. ( YUM). To check out what's new at Pizza Hut visit pizzahut.com.

Media Contact:

Sarah Rosanova

Zeno for Pizza Hut

312-396-9711

Sarah.Rosanova@zenogroup.com

http://www.prnewswire.com/news-releases/pizza-hut-to-award-the-sweetest-tweets-with-the-sweetest-treats-to-celebrate-valentines-day-84115762.html
SOURCE Pizza Hut

RELATED LINKS
http://www.pizzahut.com

Francorp Client, Lee's Sandwiches Raises $20,000 With Coffee Promotion

Lee's Sandwiches Raises $20,000 With Coffee Promotion
SAN JOSE, Calif., Feb. 11 /PRNewswire/ -- Lee's Sandwiches raises $20,000 with their Lee's Coffee fundraiser on Saturday, January 30, which was created to donate all their total coffee sales for that day to Red Cross America.

Through advertising and promotion using traditional and social media, Lee's Sandwiches was able to raise awareness of their promotion and of their famous Lee's Coffee, "Ca Phe Sua Da."

"We are so proud that all our stores came together for this great cause and are able to make a contribution to a great cause," said Chieu Le, CEO of Lee's Sandwiches.

To commemorate, Lee's Sandwiches and Red Cross America will be celebrating on Friday, February 12, 2010 with a check presentation at their store location in Garden Grove at 13991 Brookhurst Street, Garden Grove, CA 92843 at 11:00am.

For more information on how you can contribute to Red Cross America, please visit

www.RedCross.org.

About Lee's Sandwiches

Since 1983, Lee's Sandwiches has been committed to providing the freshest and highest quality of Euro-Asian sandwiches and coffee to their customers. With nearly 40 stores in four states, the company is the first and only franchising Euro-Asian Sandwich chain. Lee's Sandwiches has expanded their coffee line to online and roasts the freshest and most unique beans to create their signature Lee's Coffee through the traditional method of French press.

For more information on how you can donate through Lee's Sandwiches, visit them online at www.leesandwiches.com

http://www.prnewswire.com/news-releases/lees-sandwiches-raises-20000-with-coffee-promotion-84175742.html
SOURCE Lee's Sandwiches

Denny's Super Bowl Commercial!

This is a great commercial from the Super Bowl last night from Denny's. If you haven't seen it, you should take the 30 seconds to watch it!

http://www.youtube.com/watch?v=csO66xk0VAc

Buffalo Wild Wings Q&A

Q&A: Buffalo Wild Wings EVP Judy Shoulak Says Community Focus is Key to Chain's SuccessBuffalo Wild Wings continued on a roll in 2009, adding units and growing sales as competing casual-dining concepts struggled. Newly promoted Executive Vice President Judy Shoulak shares her perspective on the chain's success.

By Christine LaFave Grace, Associate Editor -- Restaurants & Institutions, February 5, 2010

Buffalo Wild Wings expects Super Bowl Sunday to be, as in years past, its biggest single sales day of the year, and the Minneapolis-based chain has more to celebrate in 2010 than a Super Bowl match-up that's drawing national interest. The 27-year-old concept has grown to 652 units--90 more than on last year's Super Bowl Sunday--on a promise to guests of wings, beer and sports; in October, Buffalo Wild Wings reported revenue growth of 25% for the third quarter of 2009. Same-store sales, too, rose slightly in the same period: 0.8% for company-owned stores and 1.9% for franchised stores. These numbers led CEO Sally Smith to project that the chain would meet its goal of 20% to 25% net earnings growth for the year; fourth-quarter results are expected to be released Feb. 11.

Read the full article here: http://www.rimag.com/article/447893-Q_A_Buffalo_Wild_Wings_EVP_Judy_Shoulak_Says_Community_Focus_is_Key_to_Chain_s_Success.php

Franchise Awards by Constant Contact

Constant Contact Announces Winners of First Annual Franchise Excellence in Email Awards
Leader in email marketing recognizes outstanding achievements in email marketing by Abrakadoodle, Geeks On Call and EmbroidMe
Feb. 5, 2010, 8:38 a.m. EST
http://www.marketwatch.com/story/constant-contact-announces-winners-of-first-annual-franchise-excellence-in-email-awards-2010-02-05?reflink=MW_news_stmp

WALTHAM, Mass., Feb 05, 2010 (BUSINESS WIRE) -- Constant Contact(R), Inc. /quotes/comstock/15*!ctct/quotes/nls/ctct (CTCT 17.67, +0.25, +1.44%) , a leading provider of email marketing, event marketing and online survey tools for small organizations, today announced the winners of its first ever Franchise Excellence in Email Awards. Abrakadoodle(R), Geeks On Call(R), and EmbroidMe(R) were recognized for their outstanding achievements in email marketing as judged by Constant Contact's Franchise team and guest judge Joel Libava, The Franchise King(R) and president of Franchise Selection Specialists Inc.

"One of the many great characteristics of a successful franchise is their creative use of technology," said Kevin O'Brien, director, National Accounts, Constant Contact. "This was very apparent as we reviewed the entries for the Franchise Excellence in Email Awards. From creative design to compelling content, franchise businesses not only understand email marketing, they use it to help build strong customer relationships. We are so pleased to recognize our three winning franchises for outstanding email marketing success."

The Franchise Excellence in Email Awards attracted submissions from franchisors and franchisees across the country and spanned multiple industries. The winning entries were selected in the following three categories:

Best in Show 2009: Abrakadoodle This award-winning franchise impressed the judges with its high open rates and significant subscriber growth by using best practices and continually incorporating reader feedback into future campaigns.

Best Overall B2C Email Campaign: Geeks On Call High open and click-through rates caught the judges' attention, but it was the creative use of templates and content designed to meet the needs of their audience, that helped Geeks On Call win in this category.

Best Overall B2B Email Campaign: EmbroidMe In the challenging B2B category, EmbroidMe set the bar high with diverse, yet relevant content that met the needs of its audience and led to a significant increase in sales directly attributed to its email campaigns.

Honorable Mentions: Constant Contact also would like to recognize the following franchises for receiving an honorable mention for their creativity and success in email marketing: BlackJack Pizza(R), Great Clips(R), SignARama(R), and WSI.

In addition to national recognition, the winner in each category will receive a customized Constant Contact email marketing template for their franchise and twelve months free use of Constant Contact Email Marketing for one franchisee*.

"Among the many excellent entries I reviewed, those that stood out to me were from the franchises that clearly understood their customer bases and used email marketing to communicate about their specific needs," said Libava. "I, myself, learned a lot about email marketing during the review process, and believe that franchises of all sizes can learn valuable marketing tips from these three winning organizations."

Franchise businesses interested in learning more about the Constant Contact franchise program and how email marketing can benefit their business should visit: http://www.constantcontact.com/industry/franchises.jsp.

* One free template and account awarded to ultimate winner per category. Free Constant Contact account starting 3/1/2010 to 3/1/2011. Free account includes Email Marketing for up to a total of 5,000 email addresses, Online Survey for up to a total of 5000 responses per month, Event Management for up to a total of 10 published events per month, Image Hosting and Archive. Use of this account is subject to Constant Contact's standard terms and conditions. Winner will be responsible for all fees for use of the accounts above the noted levels. Free custom template will be created by Constant Contact's custom services team and will be created on a timetable set by that team.

About Constant Contact, Inc.

With more than 300,000 customers, Constant Contact, Inc. is a leading provider of email marketing, event marketing, and online surveys for small businesses, non-profits, and member associations. Founded in 1995, Constant Contact helps small organizations grow stronger customer relationships by delivering professional, low cost, easy-to-use online tools backed with award-winning support, education and personal coaching. Constant Contact is a publicly traded company /quotes/comstock/15*!ctct/quotes/nls/ctct (CTCT 17.67, +0.25, +1.44%) with offices located in Waltham, Mass., Loveland, Colo., and Delray, Fla. To learn more, please visit www.ConstantContact.com or call 781-472-8100.

This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date they were first issued and were based on current expectations, estimates, forecasts, and projections, as well as the beliefs and assumptions of our management. Words such as "expect," "anticipate," "should," "believe," "hope," "target," "project," "goals," "estimate," "potential," "predict," "may," "will," "might," "could," "intend," variations of these terms or the negative of these terms, and similar expressions are intended to identify these forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond Constant Contact's control. Constant Contact's actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to, the Company's ability to attract new customers and retain existing customers; the Company's dependence on the market for email marketing services for small businesses, nonprofits, and associations; general economic conditions and economic conditions specifically affecting the markets in which the Company operates; adverse regulatory or legal developments; the Company's ability to continue to promote and maintain its brand in a cost-effective manner; the Company's ability to compete effectively; the continued growth and acceptance of email as a communications tool; the Company's ability to develop and successfully introduce new products or enhancements to existing products; the Company's ability to manage growth; the Company's ability to attract and retain key personnel; the Company's ability to protect its intellectual property and other proprietary rights; and other risks detailed in Constant Contact's Quarterly Report on Form 10-Q for the quarter ended September 30, 2009 filed with the Securities Exchange Commission ("SEC") on November 6, 2009, as well as other documents that may be filed by the Company from time to time with the SEC. Past performance is not necessarily indicative of future results. The forward-looking statements included in this press release represent Constant Contact's views as of the date of this press release. The Company anticipates that subsequent events and developments will cause its views to change. Constant Contact undertakes no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. These forward-looking statements should not be relied upon as representing Constant Contact's views as of any date subsequent to the date of this press release.

SOURCE: Constant Contact, Inc.

Constant Contact, Inc.
Rosalind Morville, 339-222-5772
rmorville@constantcontact.com
or
PerkettPR for Constant Contact
Lisa Dilg, 313-399-0892
constantcontact@perkettpr.com

Pollo Campero and Disney

Wednesday, February 3, 2010, 11:54am CST
Pollo Campero grows from Big D to Disney
Dallas Business Journal

Latin chicken quick-service restaurant company Pollo Campero is taking the fast-food dining concept it honed in Dallas to the Walt Disney World Resort.

The Dallas-based company has partnered with franchisee Levy Campero to open a new restaurant in the Downtown Disney Marketplace within the heart of the family-friendly resort in Orlando, Fla.

Read the full story by clicking here: http://www.bizjournals.com/dallas/stories/2010/02/01/daily20.html?s=industry&i=retailing_restaurants

Taking the IPO road: Boon or bane

Taking the IPO road: Boon or bane
To understand the dynamics of franchise companies, releasing their Initial Public Offerings (IPO) and to educate the masses and investors on the undertakings of the franchise industry, Francorp has carried out a detailed study. Read on to know more.
By Franchise India Consulting January 18, 2010

http://www.franchiseindia.com/articles/Financial/Taking-the-IPO-road-Boon-or-bane-237/

Francorp, a part of Franchise India Group, Asia’s largest integrated Franchise and Retail Solutions Company conducted a study on the major trends in Quick Service Restaurants (QSRs), operating plans, industry analysis and pricing of Domino’s. The report elaborates on the background of Domino’s, which is now known as Jubilant Foodworks Limited, the Master Franchise for Domino’s pizza stores across India and Sri Lanka. The company changed its name from Domino’s Pizza India Ltd. to Jubilant Foodworks Ltd. in September, 2009. However, the company still continues to use the brand name of ‘Domino’s Pizza’ for marketing and other related purposes. Jubilant Foodworks has opened 274 stores in 55 cities in India and is looking forward to extend this number to 450. The Company has 32 per cent stake from JP Morgan and India Private Equity Fund (IPEF). Jubilant Foodworks had net sales of Rs 2,806 million in 2008 and Rs 2,111 million in 2007 whereas the profit after tax for the company was Rs 67.5 million and Rs 77.5 million in both the years. The Company is now going for an Initial Public Offering and has filed a DRHP with SEBI for an approval.
A quick glance over the various parameters that are covered in the analysis of the IPO are:
Industry analysis on Quick Service Restaurants (QSR) category reveals that almost 25,000 pizzas are sold per day and offering such as ‘Pizza in less than 30 minutes or no-charge’ by Domino’s make it one of the top players in this category. Consumers spend almost 11 per cent of their pocket expense on fast-food every year. However, Domino’s has not shown any intention of increasing their product prices in near future.
Domino’s has 274 stores operating in Indian market out of which 70 stores went operative by August, 2009 itself. The Company plans to expand this number to 310 by March, 2010 and to 440-450 in the future. The fast food restaurant business has seen a rise of 7-20 per cent in 2009 and Domino’s itself claims to expand its base by 10 per cent in 2010. Domino’s currently owns 42 per cent of the market share. Jubilant Foodworks is looking to raise Rs 3 billion through IPO to settle around Rs 840 million debts whereas the investors are looking for a valuation worth Rs 1.65 billion for their share. According to Ajay Kaul, CEO of Jubilant Foodworks, “The Company is working on getting food brands other than pizza in India in the foreseeable future. In the meantime, addition of 38 Dominos stores before March 31, 2010 is the primary target that the Company is handling.”
Jubilant Foodworks is the first Master Franchisee to go for releasing an IPO in India. They do not own the Domino’s brand and therefore, cannot bring the requisite changes in it if required. On similar lines, the changes in market performance especially pertaining to the fast food service industry will directly affect the price of Equity shares of Jubilant Foodworks.
Jubilant Foodworks has planned to open its IPO on Jan 18 and will close it by Jan 20, 2010. The price band has not been decided but it is expected to be around Rs155.
To understand the IPO strategy of Jubilant Foodworks, we did the following analysis on risks and advantages associated with an investor making investment into a franchise company’s IPO.
Advantages of IPO route to Franchisee
To provide exit funds to PE investors who have stake in the franchisee’s business.
Expanding its operation through opening of more stores and therefore investing on marketing, advertising, training, etc of their franchisee business.
Clear its present debts.
Expansion of the franchise business in new territories.
Undertaking strategic initiatives.
To strengthen the market position of the brand they are promoting or franchising.
Challenges aligned with IPO to Franchisee
What would happen if a franchisee loses its master franchisee status for a region or country? This could happen due to two reasons. Either the franchisor closes its operation in that particular region or he decides not to give one master franchisee for any particular market but fragment it into several regional franchisees or individual franchisees.
Under both the conditions, the franchisee will:
Face competition from other franchisees of that region in the same product group/brand.
Any change in the brand introduced by the franchisor shall generate a response among the customers which cannot be controlled by franchisee/master franchisee.
Franchisee/master franchisee is not in a position to bring requisite changes in the brand even if the market demands so, as they are only the promoters of franchisor’s brand.
To justify the risks and advantages being undertaken by a franchisee company such as Jubilant Foodworks while releasing its IPO, it is important that we understand the course of development of a franchisee company that primarily effects the company’s decision to take the IPO road.
A group of franchisees or master/regional franchisee may require large amount of money. This could be for the following reasons:
To buy new equipments or to upgrade the old ones.
To expand into a new region or to establish a new kind of business related to new franchisee.
To pay back old debts in order to avoid paying interests on them
To provide ‘exit strategy’ for the owner or existing investors
The large sum of money against investments in franchise business can be procured through following types of investors:
Venture Capitalists
Angel Investors
Investment Banks
Private Equity Firms
Releasing IPO
The reasons why a franchisee does not start the business by raising funds through IPO are:
Limited requirement: A franchisee does not require huge funds to start the business
Lack of awareness : A franchisee may not have an idea about the process of releasing IPO to raise funds
No Corporate Identity: Franchisee may not incorporate them as a corporate identity and run the business as single entity throughout.
No Aggressiveness: At initial phases, a franchisee is interested in establishing the business and may not be very aggressive about expansion.
Difficulty in raising capital: A franchisee can find it possible to raise the required capital to initiate the business process without much hassle through friends, family, financial institutions, or Angels Investors.
Stringent Regulations: SEBI imposes strict regulations which a Company must comply in the process of application to release IPO.
High Cost of Eligibility: A franchisee company looking for releasing IPO must have good financial record, credit history, corporate governance and several other parameters, which already require high input cost to maintain. Thus, not all companies become eligible for releasing IPO.