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Would a franchisor show me live figures for franchisees?
If you mean actual trading results of existing franchised outlets, then I certainly hope they would because the only figures a franchisor gives potential franchisees should be based on fact. If a franchisor says “you could do this” or “you could do that”, take no notice. What you want to see is what has actually been achieved, whether from company owned or franchised outlets. The franchisor may not tell you which franchisees’ results they are showing you, because that may be regarded as confidential financial information, but they may show you a range of examples of locations or territories that are similar to the one you are considering taking on. They may not show you all the expenses items and may only show the sales, but the franchisor ought to give you an idea of the averages achieved across the network for, say, labour costs, direct cost of sales, vehicle costs, or whatever are most relevant to the business. Don’t forget, you must do your own research into your local market to assure yourself that the opportunity is a good one.
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