I’ve been looking at investing in franchises for some time now.

However, I do not want to be stuck in the operation of the franchise, as I intend to own multiple locations (likely from different franchisors), thus making it impossible for me to handle all the day-to-day, or any other routine procedures for that matter.

What I want to know is, is it possible to run a franchise, being an absentee owner?

Of course this raises the question, “who will take care of the day-to-day duties?”

Staff, naturally. But as with any business, there needs to be management.

I know that for actual properties, you can hire a property manager to take care of all matters relating to tenants (finding and maintaining tenants, collecting rent, paying off utility bills, performing maintenance as necessary, etc.) - but is there a similar service available for the operation of a franchise?

This would include the financial record keeping, staffing, paying off all bills due to the restaurant (phone, cable TV, utilities if separate, etc.), as well as disbursement of payment to employees.

Could I hire somebody/a company to do that on my behalf? Or must I only franchise within my own means?

PR Newswire:
Mr. Sewer is making its debut as a national franchise Feb. 24-27 at the 30th Annual Pumper & Cleaner Environmental Expo, in Louisville, KY – the 75th largest tradeshow in the U.S., according to Tradeshow Week magazine.
“This is World’s Fair of our industry, and we plan to meet many prospective franchisees while we are [...]

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mydigitalfc.com:
Kiwi Kiss, the Canadian frozen yogurt chain owned by AW Holdings — known for the fresh juice and sm¬oothie brand Jus Booster Juice — will soon come to India. Brand Calculus, the master franchisee of Jus Bo¬oster Juice in India, is bringing the yogurt brand too.
India will be the first ov¬erseas market for the brand [...]

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Church’s Chicken is owned by Arcapita Inc., the US branch of First Islamic Investment Bank. After First Islamic bought Church’s, they prohibited franchisee Beasley Food Ventures from selling pork products at their new location at BWI airport. (Church’s franchises that were already selling breakfast were allowed to continue to do so until their contracts came up for renewal) Since breakfast in the South almost invariably involves bacon, ham or sausage, and the restaurants lease required them to open at 5am every day, this meant that they sat there throughout the breakfast period selling next to nothing except coffee.

Largely as a result of this, the restaurant went broke.

So, should a foreign Islamic bank that purchases a US business be allowed to then require the independent owners of that businesses franchises to follow Shari’a law, when that was never contemplated in the original franchise contract?

Richard
To the people below who couldn’t read and understand the post….. I didn’t say that Church’s, the franchisor, went broke. I said that the Church’s franchisee at Baltimore Airport went broke.
Edit… to Samian…
The franchisee’s never entered into a contract of any sort with First Islamic. They enterd into a contract with “America’s Favorite Chicken, Inc”, which was the previous owner of Church’s. The franchise agreement - like that for McDonalds or any other chain fast food restaurant - gives the franchisor the authority to set the menu items that the restaurants can sell. The franchisee had no reason to suspect that all of a sudden he would find himself required to sell a Shari’a compliant menu, when he had bought a “Southern Comfort Food” restaurant franchise.

Toronto Sun:
Raising enough capital to start your own business can be an up-hill climb, especially given today’s cautious lending environment.
Opening a franchise might be the easiest way to do it as banks swing available credit in favour of proposals backed by a proven track record instead of gambling on a startup.
Franchising is a [...]

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Church’s Chicken is owned by Arcapita Inc., the US branch of First Islamic Investment Bank. After First Islamic bought Church’s, they prohibited franchisee Beasley Food Ventures from selling pork products at their new location at BWI airport. (Church’s franchises that were already selling breakfast were allowed to continue to do so until their contracts came up for renewal) Since breakfast in the South almost invariably involves bacon, ham or sausage, and the restaurants lease required them to open at 5am every day, this meant that they sat there throughout the breakfast period selling next to nothing except coffee.

Largely as a result of this, the restaurant went broke.

So, should a foreign Islamic bank that purchases a US business be allowed to then require the independent owners of that businesses franchises to follow Shari’a law, when that was never contemplated in the original franchise contract?

Richard
To the people below who couldn’t read and understand the post….. I didn’t say that Church’s, the franchisor, went broke. I said that the Church’s franchisee at Baltimore Airport went broke.
Edit… to Samian…
The franchisee’s never entered into a contract of any sort with First Islamic. They enterd into a contract with “America’s Favorite Chicken, Inc”, which was the previous owner of Church’s. The franchise agreement - like that for McDonalds or any other chain fast food restaurant - gives the franchisor the authority to set the menu items that the restaurants can sell. The franchisee had no reason to suspect that all of a sudden he would find himself required to sell a Shari’a compliant menu, when he had bought a “Southern Comfort Food” restaurant franchise.

via Mr. Dhawal Shah – Co-Founder, FranchiseExpo.in and Way2Franchise.com:
At the moment, in India, there are a couple of organisations that conduct awards, but not to the level of accuracy or authenticity that we would like, so we decided since, we are connected with over 3000 franchisees in India, through our sites, Way2Franchise.com and FranchiseExpo.in, why [...]

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Wall Street Journal:
Sears Holdings Corp. (SHLD) said it will allow franchising of its Sears Automotive businesses, offering many auto dealers that have recently lost their franchises to sell new vehicles a new use for their space.
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Franchising.com:
First Watch, the Bradenton, Florida-based Breakfast, Brunch and Lunch chain, has signed a multi-unit franchise agreement with Dabbour Enterprises, LLC for Oklahoma City. The company has agreed to open three First Watch restaurants in the market over the coming years with the first location expected to open this summer.
Dabbour Enterprises President Ghassan Dabbour has more [...]

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Franchise Wire:
Franchise Business Review, a national franchise market research firm, has announced the winners of its 2010 Franchisee Satisfaction Awards.
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