So when I returned to the store, I showed them the sub. The costs associated with opening a non-traditional Blimpie franchise are estimated to run between $74,780 - $287,700. When I checked out at walmart and asked the cashier she said she was the owners wife. The store is a bit dirty and the girl didn’t look much better. This has been the most rewarding part of the whole experience! She washed down counter ect. What steps should Blimpie and Kahala be taking to stop further franchise failures? I asked her did I need to bring the sub to let her see it and she said no. Only their poor franchisees had to pay for the ingredients. Licensing fees are … There are many other franchised sub shop concepts available; so what makes Blimpie the right choice for investors interested in a franchisee? SUBWAY: What Do Franchisees Make on $5 Footlongs? What is the point of giving out coupons, if you are not going to honor the paper they are written on. There are many reasons to partner with Blimpie, and we’ve concentrated the key points of our franchise offering into this website. The sandwich franchise costs associated with opening a traditional Blimpie franchise are estimated to run between $232,770 - $422,200. [UPDATED], DELI DELICIOUS Bakersfield Locations Closed as Franchise Chain Declines. Improved marketing support from the parent company helped reduce the rate of franchise failures … To fulfill a dream, I bought back into Blimpie as an Area Representative. I went to a Blimpies on gunhill road near Jerome Avenue in the Bronx N.Y.and ordered a Blimpies Best. Filed by M&G Auto Parts Inc , a New Jersey auto parts retailer, the TCPA class action alleges the Blimpie franchise sent at least nine separate "junk faxes"advertising daily lunch specials between Feb. 19 and March 12. To no surprise, Quiznos is on the wrong side of the list with a 25 percent failure rate. What experience do you need to successfully launch a new venture, and what if you don’t possess the level of experience you may need to operate independently? This could have been avoided if management would have spoken to me with respect and refunded my money. Both concepts have become perennial members of a list that no franchise wishes to be associated with. Many are just fighting to survive. DELI DELICIOUS The Final Days: A Hitler Rant Parody, DELI DELICIOUS Stockton CA Franchise Closes; Franchisor Takes Over Two More, NY BAGEL CAFÉ Franchise: How Many Have Closed? The Blimpie Subs & Salads franchise has an alarmingly high SBA loan default rate of 46%. Someone looking to buy a franchise needs to consider the brand’s failure rate. I asked what was the full $ and she came up with $12 and some cents. The only thing it said on the coupon was that it wasn’t for value meals.She said it would be $12+ and that I would be getting only a half free? The Blimpie Franchise has a failure rate of 46% for SBA-backed franchise loans. At the end of 2006, the chain had 20,721 locations. Your email address will not be published. Improved marketing support from the parent company reduced the rate of franchise failures from 10 percent to 3 percent. By 2012, Blimpie had just 738 U.S. franchises. Their dedication to going above and beyond customer expectations is infused into our brand DNA, and has led us to become one of the most recognizable sandwich shop franchises in the U.S. For today’s franchisees, our years of hard work building our reputation are a major asset when potential customers recognize the Blimpie name. From what we heard quiznos corporate still made money on it marking up ingredients it required the franchisees to buy from them. Ongoing Support: How Blimpie™ Can Make Owning Our Sub Shop Franchises Simpler, Millennials Love Quick Service Sub Shop Franchises, Why You Should Choose a Sandwich Franchise. Some reasons may be readily apparent, while others may be less obvious. Long Island, New York. I also told the manager that I could go home and bring the sub back to the store to show Ms. Bridgette what was put on the sub. There are a number of reasons why a franchisee can fail. The following states currently regulate the offer and sale of franchises: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, and WI. Improved marketing support from the parent company reduced the rate of franchise failures from 10 percent to 3 percent. We got our start in 1964 when three teenage friends from Hoboken, New Jersey decided to pool their resources and open a sandwich franchise. Th…, Not to be trusted!!!!! Her hair was dipping into the food prep area and I was terrified to find hair in my sandwich. What a upsetting experience it was. AHSTI created a $25,000 fund to cover that unlikely event. No-Nonsense Hype-Free Franchise Issues & Discussion Site. (adsbygoogle = window.adsbygoogle || []).push({}); That’s a decline in size by 351 franchises, a reduction by 32% of its entire chain. They settled on the name “Blimpie” because they agreed that their large sandwiches more closely resembled blimps than submarines! The staff wasn’t too Friendly and they kind of rushed us along. franchise brand failure% disb# disb$ chgoff% wings-n-things 94.12% 17 $3760 42.85% tilden for brakes car care center 92.86% 14 $2830 66.4% bear rock cafe 80% 10 $3633 40.35% noble roman pizza 77.27% 22 $7579 23.04% super suppers 76.92% 13 $1448 24.1% pro golf 76.47% 34 $7563 27.16% la paletera 75% 16 $2178 43.85% steak escape 75% 20 $3479 33.43% executive tans 74.47% 47 $9287 48.57% I gave her the coupon and she said oh no I have to charge you full price. If you’re looking for the best of both words (support and guidance along with entrepreneurial spirit, Blimpie might have just the opportunity for you. I said it says buy 1 get 1. And, anyone who expects that by becoming a franchisee they eliminate the risk of failure is being unrealistic. Regardless of what state you reside in, an offering can only be made by a franchise disclosure document. ... (A basic Blimpie franchise costs about $100,000.) What do you think accounts for the SBA loan failure rate of Blimpie franchise owners? ... the initial franchise fee is $42,000. They basically told me that I was lying in front of customers. To put it another way, this group is the lowest performing quintile (20 percent) by loan failure rate of major franchise brands in the SBA list. Blimpie usually asks its franchise owners to make themselves legally liable for the potential cost of failure at their shops. There are many reasons to partner with Blimpie, and we’ve concentrated the key points of our franchise offering into this website. Fill out this form and receive the FREE Blimpie Franchise Information Report. 7-eleven is the.biggest liar . When I graduated from college, I managed two Blimpie restaurants. In 2003 I was an executive in Nestle Mexico. In 1987, the Blimpie franchise chain came down with a bad case of indigestion. I also told her that the subs that I received were made correctly (with ham and cheese), but I was overcharged. Statistics show that franchises have a much better chance of success than independent start-up businesses. So I called Blimpie and spoke to Bridgette Taylor and explained to her what had happened … that I had been overcharged for the subs that I received. Failure brings with it all of the emotional stages of loss including embarrassment, helplessness, and anger. Don’t automatically blame the franchisee. Blimpie system sales reached $132 million by 1993, and Blimpie International earned $1 million on $12 million in revenue. The shop is just one small piece of AHSTI’s activities. Owning and operating our Blimpie franchise restaurant has allowed me and my family to stay legally in the US. If you are a resident of one of these states, or of a jurisdiction that has similar requirements, we will not offer you a franchise until we have completed the applicable registration or obtained the exemption from registration, and completed the applicable disclosure requirements. Buying a Subway franchise used to be a fantastic opportunity for aspiring small business owners who didn't have much capital. I felt so badly especially having to explain what I had ordered and paid for in front of customers. Now it's…, Coming back in 2 years later. She said that she could not do it. I told them I watched you put ham and cheese and you did not put Turkey on my subs. Low failure rate. My wife and I could not be happier. I plan to open my own store this year and franchise two more Blimpie restaurants each year. I’ve been a franchise owner for over 17 years. The franchisee doesn’t have the skills to … After I went home, I realized that I had been overcharged. We provide our franchisees with comprehensive training and support resources so that they can learn how to operate one of our restaurants – even if they have little business or food industry experience. That’s a decline in size by 351 franchises, a reduction by 32% of its entire chain. I usually go to Subway because it’s closer to my house but today we decided to go to Blimpies on old country road in Westbury. 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. Time: 17:51; Shift: 3. 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. Also, we know we can count on Kahala for support. See the Employment page to learn how to apply. 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