Trader Vic's Portland Oregon (New), Portland, OR (restaurant) FIRE March 2, 2016. Closed permanently - Locating Tiki

A AceExplorer Grand Member (8 years) Deep in the Jacksonville Flori-duh jungle. Joined: Apr 03, 2008 Posts: 2566	A AceExplorer Posted posted on Sun, Mar 20, 2016 9:24 PM On 2016-03-20 11:27, Dr. Coruba wrote: It is sobering to see such a failure rate. I really like your analysis. It makes me wonder who is running the TV's organization -- elementary school kids? Are they in business to really be in business? It certainly doesn't seem like it -- they are trashing their reputation and track record. The other side of the coin is that franchisees typically do a lot of research before making a commitment. They also typically see TV's side-by-side with many other businesses at trade shows, in trade magazines etc. So what is it that makes someone decide to open a TV's franchise in the face of such grim performance and such steep cash outflows to the parent company? It's puzzling...

On 2016-03-20 11:27, Dr. Coruba wrote:
It is sobering to see such a failure rate.

I really like your analysis. It makes me wonder who is running the TV's organization -- elementary school kids? Are they in business to really be in business? It certainly doesn't seem like it -- they are trashing their reputation and track record.

The other side of the coin is that franchisees typically do a lot of research before making a commitment. They also typically see TV's side-by-side with many other businesses at trade shows, in trade magazines etc. So what is it that makes someone decide to open a TV's franchise in the face of such grim performance and such steep cash outflows to the parent company?

It's puzzling...

Post #761190 by AceExplorer on Sun, Mar 20, 2016 9:24 PM