Some of the perennial worst franchises to buy — hoagie sandwich shops, ice cream stops, and auto repair garages — dominate this year’s list. The recession has only helped their failure rates climb.
Once again the Small Business Administration has given its banking list to Blue MauMau. We are publishing it to help inform franchise investment decisions. Taken straight from an SBA loan performance list covering the years from 2001 to 2010, it’s the same list that the agency provides loan officers of its most trusted lenders and banks throughout the country.
Many of these worst concepts are no strangers to Blue MauMau, where lawsuits between franchisors and franchisees have been reported on such brands as Atlanta Bread, Quiznos, or franchising conglomerate Kahala’s Blimpie and Cold Stone Creamery.
In fact… read on.