I am looking to buy a franchise but I am unsure of which franchise to buy. I want to make sure that the franchise I buy is something "fail-proof" and something with good profit potential. I would really like to Buy a franchise that is easy to maintain and that doesn't require an exorbitant amount of money to maintain.I also want to buy a franchise that is "In Demand" and that will appreciate in value in the future. Coffee Shop Franchises are good I know because everyone drinks coffee but I'm not sure what type of franchise I want to buy. Does anyone know what the profit potential of a Coffee Shop vs say a Fast Food establishment is? Please Post!

I think if you find a franchise that does not have much competition around you and a franchise that you enjoy running the profits take care of themselves. Most franchises are designed to earn more than a 15-20% return each year after franchise fees so they may a decent income. Generally speaking (and no surprise) the more money you spend the more you have a potential to earn.

The problem with coffee franchises is that because of the profit potential (like the pizza franchises) there is a lot of competition and price becomes a factor - unless you are starbauchs of course. I would suggest you review some of the UFOCs of the prospective companies many contain earnings statements that could give you an indication on the profitablity of the business.

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The best thing you can do is build a rapport with some of the franchisees that you are interested in and ask them:

What did it actually cost to get a unit up and running to the break-even point in terms of current operations? How did that number compare to the estimates in the UFOC?

If you find what you are looking for, let me know it sounds like it would be too good to be true to have a fail proof concept that does not cost a lot of money. Good luck!

Me too I would quick consulting and sip coffee - but there would go all the profits