1-800-RADIATOR Franchise Complaints
The 1-800-RADIATOR franchise has a high SBA loan default rate of 23%, and we have received disturbing complaints from 1-800-RADIATOR franchisees
(UnhappyFranchisee.Com) Are you familiar with the 1-800-RADIATOR franchise opportunity? Please share a comment below.
That means that 1-800-RADIATOR franchise owners, some of whom may have collateralized their franchise loan with their house or other personal assets, were unable to repay their loans 23% of the time despite having a very serious incentive to do so.
We received a complaint and disturbing story from a 1-800-Radiator franchise owner named LuAna Plonski who claims the franchisor forced them into turning over their store.
“1-800-RADIATOR Stole Our Franchise” – Franchisee
A commenter named LuAna C Plonski wrote to us, stating:
1-800 Radiator stole our franchise, stole our territory that we built, and we got nothing.
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Now we are stuck with inventory we can not sell and an SBA loan that we borrowed $200,000 for this business. In my opinion, the 1-800 Radiator franchisor who is actually called Radiator Express Warehouse, Inc. from Benicia, Ca are crooks and they have forced us into bankruptcy.
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If you own a franchise or contemplating doing business with these people, don’t! If they did it to us, they will do it to anyone.
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LuAna C Plonski
You can read Ms. Ploanski’s full complaint here: 1-800-RADIATOR & AC Franchise Run by Crooks?
1-800-RADIATOR Franchise has a failure rate of 23% for SBA-backed franchise loans
Are you familiar with the 1-800-RADIATOR franchise opportunity?
What do you think accounts for the SBA loan failure rate of 1-800-RADIATOR franchise owners?
What steps should 1-800-RADIATOR be taking to stop further franchise failures?
Please share a comment, opinion or insight below.
ALSO READ:
1-800-RADIATOR & AC Franchise Run by Crooks?
ARE YOU A 1-800-RADIATOR FRANCHISE OWNER OR FORMER FRANCHISEE? ARE YOU FAMILIAR WITH THE 1-800-RADIATOR FRANCHISE OPPORTUNITY? PLEASE SHARE A COMMENT BELOW.
Tags: 1-800-RADIATOR, 1-800-RADIATOR franchise, 1-800-RADIATOR complaints, auto repair franchise, automotive franchise, franchise, franchise failure rate, auto franchise, worst franchise, sba failure rates, SBA franchise loans, franchise information, unhappy franchisee
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I was a 1800radiator franchise, and experienced the same type of treatment as Ms. Ploanski’s . I wish I had never heard the name 1800 Radiator, and I wish I would have seen the reviews before I purchased the franchise–the accusations made by previous owners that you read here or other blogs are true. I should have known something was wrong from the start when I was asked to join a group that hired a lawyer to protect their rights. I thought it was only a few disgruntled owners that did not know how to run a business. I too experienced the threats that Ms. Ploanski’s states, and I can’t emphasize enough that before you get involved in this franchise look –” BUYER BEWARE”. This company ruined my life, and a lot of other peoples lives. Ms Ploanski I feel your pain.
My husband and I were franchise owners. WERE is the key word, we were forced out by the Rippy’s. First of all we took a nothing territory and had great sales, then they bought out our competitor and forced us to pay for the acquisition. Then we started getting pallets of A/C parts that we had never carried before. A/c compressors, orifice tubes, a/c hoses. But not to worry,they would give us 4 months to pay for this $60,000.00 in new inventory. YES 4 months. They added the debt, at their rules, pulled the money from our bank account weekly. Set us up for failure the second year by piling on the debt, shut us down, sold our territory. Sued us for competing with them, lost our business, our home as the SBA had put a 2nd on our house. I have always hoped for a class action lawsuit. BUYER BEWARE is right. Th contract says any disputes are handled thru arbitration, not public.
I am looking at purchasing a 1-800 radiator existing franchise. the owner has been in it for 10 years. says wants to retire.
it is an ongoing business. makes a little money.
those of you that had owned one. what is your advice. what should i look for?
I welcome your input.
It saddens me to see that even 10 years later, the Rippys are still ripping off. They violated FTC rules by selling franchises without proper federal filings, and this is just the tip of the iceburg. I know other franchisees that took huge losses. I was a successful franchisee in that my business partner and I made the business successful with our own blood sweat and tears. But that wasn’t what they wanted–churning is the name of the game because it’s more profitable. Feel free to ask me anything about my experience. I still even have all my business files to validate anything in my experience.
Samir – can you please explain more about the churning? I have an opportunity to buy an existing franchise but am reading terrible reviews. Has anything changed since they were acquired by Driven?
Run, don’t walk away from this franchise. It’s all sunshine until you start operating and have a cashflow issue. It’s owned by Driven Brands now, they are owned by a large VC and care nothing about franchisees, they care about the weekly vig. It’s 100% about return for them not you.