The Tastee Freez franchise was rated one of the worst franchise opportunities in America by Forbes magazine.
Do you agree that Tastee Freez is one of the worst franchises?
Why or why not?
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(UnhappyFranchisee.Com) The June 16, 2014 issue of Forbes magazine features their picks for America’s Best And Worst Franchises.
The Tastee Freez franchise made the Forbes list of the worst franchise opportunities in the $500,000+ investment range.
The Forbes ranking for Tastee Freez included the following assessment:
No. 3 Tastee Freez
Offers the same soft-serve ice cream it’s been selling since 1950 at walk-up and fast-food locations.
Average Initial Investment: $678,700
Initial Training Hours: 366-386
Growth rate: –11%
Continuity: 56%
Franchisor Support: B
Here are the rest of Forbes worst franchises:
(With #1 being the worst)
Concept: Restaurants specializes in comfort food like meat loaf, fried steaks and apple pie.
Concept: Coffee shops that also sell tea and smoothies
Concept: Soft-serve ice cream shops with walk-up and fast-food locations.
Concept: Fast casual restaurants selling soups, sandwiches and baked goods
Concept: Full service restaurant & bar
Concept: Full service family restaurant
Concept: Family restaurant serves chicken, seafood and sandwiches, as well as steaks
Concept: Tanning salons with sunbeds and spray-tan options
Concept: Quickservice Mexican restaurants with strip center, freestanding and downtown locations
Concept: Full service restaurant & bar, founded by Howard Johnson’s in 1969.
See all Forbes Worst Franchises here:
America’s Best And Worst Franchises
ARE YOU FAMILIAR WITH THE TASTEE FREEZ FRANCHISE OPPORTUNITY? DO YOU THINK IT’S ONE OF THE WORST FRANCHISES… OR NOT? SHARE A COMMENT BELOW.
TAGS: Tastee Freez, Tastee Freez franchise, Tastee Freez franchise complaints, Worst franchise, Forbes Worst franchises, franchise, franchising, Unhappy Franchisee
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