Same with the franchise restaurant biz. In another life, I was in a position to get a franchise from the Golden Arches. The restrictions were amazing. You'd hav

Same with the franchise restaurant biz. In another life, I was in a position to get a franchise from the Golden Arches. The restrictions were amazing. You'd have to come up with X dollars, and be willing to relocate. Profit after controllables was typically 10-14%, and after that you'd have to pay franchise fees! and then taxes. So on a million/year in sales, you'd have 100k less a franchise fee and taxes. Not exactly driving a Beemer... And each franchise sold for multiple millions unless you were in a program that focused on leasing the facilities to up and coming store managers.