blimpie franchise failure

What a upsetting experience it was. By autumn of that year, the chain had 670 outlets. What is the point of giving out coupons, if you are not going to honor the paper they are written on. I could believe she would throw my sub away without offering me another one after she had fingered it and put her hands on it to check it. The manager told me not to bring the sub to the store tonight and to wait until she return to work tomorrow because Ms. Bridgette cannot refund me any money. I felt so badly especially having to explain what I had ordered and paid for in front of customers. So you are never alone; support and guidance is as close as a phone call. Having spent decades in the industry, we’ve gotten the process of opening and operating a Blimpie franchise down to a science. That’s a decline in size by 351 franchises, a reduction by 32% of its entire chain. Unfortunately, many of these new franchises were rather isolated from the rest of the chain, and some of the benefits of franchise arrangements had little effect in those locations. I gave her the coupon and she said oh no I have to charge you full price. My wife and I could not be happier. There are many reasons to partner with Blimpie, and we’ve concentrated the key points of our franchise offering into this website. The manager of Blimpie has poor customer service and it is very shameful and disgrading for a customer to be treated this way over $4.00. Blimpie usually asks its franchise owners to make themselves legally liable for the potential cost of failure at their shops. Has Blimpie taken serious action to address the problems that led to the 46% loan failures? Kahala Corp., the parent company of Blimpie and other fast-food franchises, acquired Cold Stone in 2007. In other words, almost half those who opened a Blimpie location failed while only about 1 in 10 Subway franchises failed. Blimpie fights to stay afloat in an industry with high saturation and tough competition. It has helped us teach our children the value of hard work. Blimpie, Philly Connection, Mr. Goodcents and Quiznos are sub shop/quick service restaurant concepts with failure rates of approximately 40 percent or more. To fulfill a dream, I bought back into Blimpie as an Area Representative. Two franchising conglomerates, Kahala Corp and NexCen Brands, have the dubious honor of having two of their brands represented in the worst 25 with the highest franchise failure rates. It may also mean the loss of their livelihood. I was not asking for the total cost of each subs. Improved marketing support from the parent company reduced the rate of franchise failures from 10 percent to 3 percent. I was surprised to learn that they do not make their BB with the same cold cuts. High failure rates for specific franchises don't necessarily translate into similar failure rates for other franchises in the category. Your email address will not be published. Now it's…, Coming back in 2 years later. So here it is: The list of 25 of the worst franchise investments, ranked from worst to bad , from the viewpoint of being a lender of SBA loans and wanting to ensure the best chance of having the loan repaid by franchisee borrowers. Launched in 1970, the chain currently boasts 1,900 hotels throughout 15 countries.” Subway franchise – 7%: “With fewer than 8% of SBA-backed borrowers defaulting on their loans, Subway has a better track record than similar brands — rival sub shop Blimpie has a 46% loan failure rate, They also sought to create a sub sandwich that was larger and more satisfying than anything the competition had to offer. Her hair was dipping into the food prep area and I was terrified to find hair in my sandwich. The information provided herein is for informational purposes only and is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise; nor is it directed to the residents of any particular jurisdiction within the U.S. or elsewhere. They pioneered an entirely new concept: handcrafted sub sandwiches, with generous portions of high quality deli meats and cheeses, sliced fresh to order and while customers watched and customized their meal.

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