Categories: ALL POSTSCoffee

PJ’s COFFEE: Worst Franchises by SBA Loan Defaults

What are the worst franchise opportunities?  Our recent post 15 Worst Franchises by SBA Loan Defaults listed the franchise concepts with the highest rate of SBA loan defaults for 2008.  

PJ’s Coffee and Tea Café franchise was listed as the 2nd worst.  According to Katie Adams of Investopedia:

2. PJ’s Coffee and Tea Café

PJ’s Coffee and Tea Café started out as a small business in New Orleans 30 years ago and only recently began selling franchise rights across the south, southeast and southwest.

It might want to stick to Cajun country – 50% of the franchisees failed on their SBA loans last year.

ARE YOU FAMILIAR WITH THE PJ’S COFFEE FRANCHISE OPPORTUNITY?  SHARE YOUR THOUGHTS BELOW.

unhappyzee

View Comments

Recent Posts

DonutNV MultiUnit NC Franchisees Left the System. Not Disclosed?

DonutNV franchise owners who invested in multiple territories reportedly left the system in late 2023. …

21 hours ago

DonutNV 2nd Franchisee Daryl Poe Not Disclosed… Anywhere?

Daryl Poe was celebrated as DonutNV’s 2nd franchisee.  The local paper states that he operates…

1 week ago

DONUTNV Franchisee Mike Flowers Not Disclosed in FDDs?

I read a lot of Franchise Disclosure Documents (FDDs).  Most are pretty straightforward and make…

1 week ago

DonutNV Franchise Owners John & Dana Owens, Ocala, FL, Not Disclosed

In a video interview Franchise Sidekick celebrates their clients, John & Dana Owens, becoming DonutNV…

2 weeks ago

DONUTNV Franchise Owners Thomas & Rachelle Hughes Not Disclosed

DonutNV franchise owners, franchise locations and ownership transfers are normally included in a franchisor’s Franchise Disclosure…

2 weeks ago

DonutNV Franchisee Marc Schnobrich (Hilton Head, Savannah) May Have Left the System

Chiropractor Marc Schnobrich engaged the services of franchise broker Franchise Sidekick to find him a…

2 weeks ago