Franchisors seeking to maintain growth in 2009 are offering candidates deals in the form incentives, stimuli, reduced fees, breaks on royalties, and more. FUSR will continue to track this trend to keep you informed on what “the other guys” are doing to attract prospects and turn them into franchisees.
No Financing? No Franchise Fee!
* ColorTyme and RimTyme will refund the franchise fee of any approved franchisee who is unable to procure financing – another example of a franchisor seeking to make it easier for candidates to take that final step. ColorTyme franchisees operate 205 rent-to-own stores in 33 states, and RimTyme, the company’s custom wheels and tires brand, operates 25 stores in 11 states. Both are part of Rent-A-Center.Buy One, Get One Free
* Emerald City Smoothie has implemented a program offering a “buy one, get one free” deal for potential franchisees. Those who buy a standard Emerald City Smoothie location will receive a kiosk for free – essentially establishing them as a multi-unit franchisee from the start.