You spent $500k-$1m to buy a 10-year lease on a bakery business model where the franchiser takes 9% off the top in royalties, forces you to pay them $27,500/yr if you have ZERO revenues… and yet, according to representations, you should have $300k with which to raise pay. pic.twitter.com/rfNNLyfdAH— John Thornton (@JohnT15) April 11, 2022
You spent $500k-$1m to buy a 10-year lease on a bakery business model where the franchiser takes 9% off the top in royalties, forces you to pay them $27,500/yr if you have ZERO revenues… and yet, according to representations, you should have $300k with which to raise pay. pic.twitter.com/rfNNLyfdAH
— John Thornton (@JohnT15) April 11, 2022