Quote:
Originally Posted by Rain Man
I've always been skeptical of the cost of buying a franchise business. Obviously it's popular so maybe there's something I'm missing, but it's hard to see the added value that's worth $1.2 million. You get some name recognition and ads, but how much is that really worth in the end? I think I'd rather take my chances and start up independently and aim for a good local reputation.
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It's enormous. It sucks the life blood from local businesses with better products - but thats true across the board in any incarnation. People crave the safety of knowing what they're going to get and in that fashion alone, regardless of the quality or lack there/of that chains provide - many diners would choose that security over trying a new local place, especially if it had edgy cuisine.
I remember when Des Moines got a Cheesecake Factory and people lined up for miles to get in there and stroke off to franchised, uncreative menus. Meanwhile, fantastic local chefs with great, established restaurants were put out of business.