The Wolf of Franchises 🍟 @franchisewolf
Sharing insights on franchises & the entrepreneurs behind them | @dunkindonuts stan | Tweets aren't financial advice | linktr.ee/wolfoffranchis… New York, NY Joined June 2021-
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Busy week so I'm overdue on franchise updates. Yesterday I covered a therapy clinic franchise that: • Has 206 locations open • Started franchising in 2021 • Opened 151 locations last year 🤯 AUV's as of 2023 were just ~$395k. How much profit do you think these make?
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It's official: Tropical Smoothie Café gets acquired by Blackstone 💰 Founded in 1997, the franchise had 1,372 locations at the start of the year. The average location does ~$980k in revenue, which generated ~$76M in royalty revenue in 2023 (+15% YoY). Hell of a business
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No living with me now.
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@franchisewolf I’m guessing these are largely targeted towards owner/operator therapists who are buying into a system that provides steady leads/business? If so, it’s more about SDE than net income, because the primary COGS will be the owner’s wages. But I’m curious!
Busy week so I'm overdue on franchise updates. Yesterday I covered a therapy clinic franchise that: • Has 206 locations open • Started franchising in 2021 • Opened 151 locations last year 🤯 AUV's as of 2023 were just ~$395k. How much profit do you think these make?
@girdley it aint much, but it's honest work.
Blackstone’s acquisition spree in the franchise space is interesting to me. I have a strong feeling something much larger is at play.
@franchisewolf $2 billion franchise deal 🔥 Waiting on some other big announcements from Blackstone 👀
@franchisewolf I literally was tagging you with the news and you broke it as I was texting it. Congratulations to Charles and the team.
Does anyone have an RV they want to sell me so I can do the Rand Run full time? Or maybe connect me with an RV dealer/manufacturer who’d sponsor me? I’ll create awesome videos showing me living in it and promote it to my audience of wealthy business owners. Or if you want to…
Blackstone coming for everything
It's official: Tropical Smoothie Café gets acquired by Blackstone 💰 Founded in 1997, the franchise had 1,372 locations at the start of the year. The average location does ~$980k in revenue, which generated ~$76M in royalty revenue in 2023 (+15% YoY). Hell of a business
You will own nothing and be happy
It's official: Tropical Smoothie Café gets acquired by Blackstone 💰 Founded in 1997, the franchise had 1,372 locations at the start of the year. The average location does ~$980k in revenue, which generated ~$76M in royalty revenue in 2023 (+15% YoY). Hell of a business
goated smoothies
It's official: Tropical Smoothie Café gets acquired by Blackstone 💰 Founded in 1997, the franchise had 1,372 locations at the start of the year. The average location does ~$980k in revenue, which generated ~$76M in royalty revenue in 2023 (+15% YoY). Hell of a business
@franchisewolf This is insane! Blackstone is taking over
Big news today as Blackstone is under contract to buy Tropical Smoothie Cafe. 💰🌴🍍 @franchisewolf @blackstone
Walking home from the office
POV: Center court on a sunny day in LA Fastest growing sport in the US
But wasn’t it Showbiz Pizza or something like that back then?
In 1975, Steve Jobs approached his former boss - Nolan Bushnell - about investing in his computer company. Bushnell declined the opportunity to own 33% of Apple for just $50k 🤯 He was too focused on bringing his restaurant idea to life. The restaurant? Chuck E Cheese's👇
This is the equivalent of Houston selecting Hakeem Olajuwon first in the 1984 draft (rather than Michael Jordan) You cannot really criticise the decision too 😂
In 1975, Steve Jobs approached his former boss - Nolan Bushnell - about investing in his computer company. Bushnell declined the opportunity to own 33% of Apple for just $50k 🤯 He was too focused on bringing his restaurant idea to life. The restaurant? Chuck E Cheese's👇
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