Fort Worth Business Press:
A handful of national franchise brands – ranging from service retailers to restaurants – are offering big startup cost discounts and bigger royalties to new franchisees who live in ‘hot’ areas. And North Texas is hot these days.
At the start of 2010, Pricewaterhouse Coopers’ Franchise Business Economic Outlook for 2010 predicted a slow growth year for the nation’s franchise market and several franchise companies looking to expand into North Texas have responded – with incentives in tow.
“We introduced a development incentive this year, in light of the current economic climate we’re operating in, that offers a new franchisee the opportunity to have a reduced initial franchise fee and some waived base royalty fees,†said Jim Carr, director of franchising for Huddle House, a full-service family diner chain typically open 24 hours a day. “… It’s a real good, solid incentive plan for areas we want to expand into. And the Dallas-Fort Worth area is definitely one of those.†Read more.
