Franchise Expo and SoupMan Create Stimulus Package
More news from the Franchise and Business Opportunities expo:
North America’s largest Franchise and Business Opportunities Expo and New York’s own The Original SoupMan, makers of the legendary soups of Al Yeganeh, who inspired the “Soup Episode” on Seinfeld, joined forces today to announce a stimulus package contest to help one lucky winner realize their dream of owning their own business.
Details after the jump.
North America’s largest Franchise and Business Opportunities Expo and New York’s own The Original SoupMan, makers of the legendary soups of Al Yeganeh, who inspired the “Soup Episode” on Seinfeld, joined forces today to announce a stimulus package contest to help one lucky winner realize their dream of owning their own business.
Interested applicants can apply online by submitting, in 100 words or less, their story detailing the reasons why they should be awarded ownership of a brand new Original SoupMan franchise. The winner will be announced by Hall of Fame slugger, Reggie Jackson, at the opening of the New York-New Jersey Franchise Expo, April 18, 2009, 10:15 a.m., at the Meadowlands Exposition Center, in Secaucus, NJ.
“With many people out of work and Americans unsure about how to create a solid financial future, we wanted to help the economy one person at a time and create a contest that can do just that. Original SoupMan so graciously stepped to the plate and immediately wanted to be on board”, states Fred Cox, President of National Event Management. “A franchise is the easiest and safest way to become your own boss and create financial stability. In spite of the current credit crisis, many franchise companies have financing options available to new business owners. By buying into a franchise one buys into a proven concept and exponentially increases ones success rate”.
The contest kicks off today, Monday, April 6, 2009. For more information, visit www.franchiseexpocontest.com. All entries must be submitted by April 13, 2009 at 12 Noon EST.
“Small businesses-the stores that employ a dozen people-those will be what ultimately turns this economy around,” said Robert Bertrand, President of The Original SoupMan. Bertrand said the idea of waiving SoupMan’s standard $35,000 franchise fee for someone who has the entrepreneurial drive to succeed but might lack the financial resources to fund an entire start-up is, “a stimulus package that just makes sense.”
The Franchise and Business Opportunities Expo, a member of the International Franchise Associations suppliers group, takes place Saturday, April 18th & Sunday, April 19th at the Meadowlands Exposition Center, 355 Plaza Drive, Secaucus, New Jersey. Hours of operation are Saturday 10am-5pm and Sunday 11am-4pm. Admission is $10. For more information, visit www.newyorkfranchiseshow.com.
Jaclyn on April 8th, 2009 7:54 am
That is very interesting. Until reading this post, i didn’t realize that the episode on seinfeld was based on anything true and real.
Jim on April 11th, 2009 5:07 pm
SHOULD WE BELEIVE YOU DAVID OR FRANCHISE EXPO OR OTHER OR………?
David B. Caruso, Associated Press reports: At least three stores have closed, at least temporarily, in New York City. Shops also have shut in Myrtle Beach, S.C., Harrisburg, Pa., Boulder, Colo., Colorado Springs, Colo., and Ottawa, Canada.
Franchisees in locations including Stratton Mountain, Vt., and Ridgewood, N.J., have asked to be released from their contracts so they may try staying open as a different type of business.
AND
Stay Away From the Soup Nazi!
For everyone’s own good…stay away from Soupman. The Soup is great. But…don’t even think of it as a good investment….unless your idea of a good investment is to lose tons of $$….like hundreds of thousands. Franchisor is a horror and phony, misrepresents cost of investment and COGS, model has never worked…price point is too high to build any loyal following that will even support the operation to a break even point. Speak to the 12+ locations that already closed and the Franchisees all lost Hundreds of thousands, filed for bankruptcy and lost their homes. Didn’t know that many closed? Maybe because the Franchisor and their soldiers don’t disclose what they are required to…………AND
Ken:
What is not clear in the top ten link re: Soupman is the #’s are not accurate. Soupman never let on the # of units that closed. The 33 as of 8/10 is not correct. Harlem, Upper East Side, 45th and 3rd were all closed down. Also,they have Colorado listed and on 8/10 there were not any open in Colorado. The only 2 Colorado locations closed due to the Broken Model prior to that date — Boulder and Colorado Springs. Denver did not open until mid August. Further, Soupman uses deceptive tactics to hide the store closings such as attempting to make “deals” with Operators by offering empty Promissary Notes to those who have to close. The Promissary Notes are supposed to represent a promise to pay the operator a $$ amount when the Franchisor locates a Buyer to takeover the closed and failed location. The new Buyers don’t exist. In the meantime, the Franchisor puts up signs saying “Closed Temporarily” or “Closed For Renovation”….hiding the failure. The locations don’t re-open and in the meantime Soupman continues its deceptive tactis. The Company is desperate for an acquirer…they will do anything to trick the public. AND
“The Original Soup Man” is a ripoff!
I assume this is a franchise chain allowing the Soup Nazi guy on Seinfeld to get some money for his “fame.” Anyway, I just tried a bowl of their crab bisque which cost an amazing $11.80 to go (all they have is “to go”).
Leave a Reply