b5media.com

Advertise with us

Enjoying this blog? Check out the rest of the Business Channel Subscribe to this Feed

Franchise Pick

Archive for the ‘xFranchise Graveyard’ Category

November 15th, 2008

CURVES FOR WOMEN: Paradise Lost as Hawaiian Curves Franchise Closes

As the recent closing of the Kailu, HI Curves for Women fitness center shows, a failed franchise location is a loss for many involved.
In this case, franchise owner Robbi Ugini must deal with the personal and financial agony of defeat.  Her 5 employees are suddenly jobless.  Her 270 members are without a fitness club.  […]

By Sean Kelly -- 6 comments

October 30th, 2008

Nationwide Floor & Window Franchisees Left to Fend For Themselves

(FranchisePick.Com)  5 years after purchasing a Nationwide Floor & Window Coverings franchise, John and Cheryl Feldman of Vallejo, CA were still happy with their franchise decision.  The system worked, the lifestyle provided what they had expected, and they were getting ready for the fellowship with other Nationwide franchisees at the national convention just days […]

By Sean Kelly -- 0 comments

August 23rd, 2008

LA WEIGHT LOSS: Widespread Closures Reported Across the Nation

As we did for its predecessor Pure Weight Loss,  FranchisePick.com and Weight Loss Complaints (http://weightloss.franbest.com) will try to keep LA Weight Loss customers and employees informed notifications of LA Weight Loss center closings, rumors of upcoming closings , refund and complaint information.  Like Pure Weight Loss before it, LA Weight Loss prefers to remain silent, […]

By Sean Kelly -- 10 comments

July 31st, 2008

Bennigan’s: Franchise Owners Shocked by Bankruptcy, Closings

(FranchisePick.Com)  Related:   Bennigan’s Files For Bankruptcy, Closes Company Locations
Larry Briski, president of the Franchise Operators Association for Bennigan’s, was taken by surprise Tuesday morning by reports that Bennigan’s parent Metromedia Restaurant Group was shuttering company stores and declaring bankruptcy in order to to liquidate its assets and shut down, citing $550 million in assets and […]

By Sean Kelly -- 6 comments

July 29th, 2008

Bennigan’s Files For Bankruptcy, Closes Company Locations

Talk Stock Trading broke this story:
S & A Restaurant Corp., parent company of the restaurant chains Steak & Ale and Bennigan’s Grill and Tavern, has filed for bankruptcy.  This morning, Bennigan’s closed all of its company-owned stores.
Bennigan’s Grill and Tavern opened in 1976 and has 800 restaurants in 32 states.  Its independently owned franchises will […]

By Sean Kelly -- 6 comments

June 24th, 2008

Snapped, Crackled & Flopped: RIP State College Cereality

(FranchisePick.com The franchise blog)  I had an interesting morning; I got into an argument with my Rice Krispies. I distinctly heard “Snap, crackle, f*ck you!” I’m not sure which one of them said it…  The Late, Great George Carlin 
Also read:  The Cereality Franchise Dead Pool: VOTE NOW!
Cereality Franchise Closes in 3 Months; Breaks Previous […]

By Sean Kelly -- 5 comments

June 10th, 2008

Cork & Olive Wine Franchise Co. Files for Bankruptcy

(FranchisePick.Com)  Related stories:  Cork & Olive Wine Franchisor Folds; Franchisees Scramble to Survive, Cork & Olive Franchise Corp. Collapse: What’s the REAL Story?, What REALLY Uncorked Cork & Olive Franchise Corp? (Unhappy Franchisee), Cork & Olive Wine Shop Franchise Owners Left High & Dry (Unhappy Franchisee)
Cork & Olive, the Tampa-based wine bar franchisor that […]

By Sean Kelly -- 5 comments

June 6th, 2008

Cork & Olive Franchise Corp. Collapse: What’s the REAL Story?

  (FranchisePick.Com)  Yesterday, UnhappyFranchisee.com reported that the Cork & Olive Franchise Corp. had folded, that the eight company stores had closed, 40 employees had been abruptly laid off and the Cork & Olive franchisees, including one who opened just a week earlier, abandoned by their franchisor Michael Probst. 
According to the post on UnhappyFranchisee.com (Cork […]

By Sean Kelly -- 41 comments

June 4th, 2008

Cork & Olive Wine Franchisor Folds; Franchisees Scramble to Survive

(FranchisePick.Com)  Michael Probst, franchisor of the Cork & Olive wine shop franchise chain, has shuttered his eight company stores, closed the corporate headquarters and laid off 40 employees.  
The nine Cork & Olive franchise owners had an emergency meeting this past Wednesday to figure out how they can survive the demise of their cash-strapped […]

By Sean Kelly -- 11 comments

May 3rd, 2008

Cold Stone Creamery Franchise: 50%+ Failure Rate in Colorado Springs

Upcoming food franchise opportunities we’re exploring:  5 & Diner,
Booster Juice, Carvel, Chocolography Food Imaging System, Currito Burritos Without Borders, Maui Wowi
(FranchisePick.Com) 
Spring may be warming up for some, but 3 out of the 5 Cold Stone Creamery franchises have gone cold and stiff in the past year.
Melissa Cassutt of the Colorado Springs Gazette […]

By Sean Kelly -- 3 comments