Franchise Opportunity in Dallas; The Drawbacks of Choosing a Restaurant

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If you are looking for the right franchise opportunity in Dallas, then it is important to be able to cross a few options off your list. Many people think that restaurant franchises are perfect because everyone knows them and loves their food. Sure the idea of joining an industry that is projected to make $992 billion seems like a good idea, but this may not be the jackpot you expect. There are a few reasons you should steer clear of these business opportunities.

 

Startup Costs are Significantly Higher

This is one of the most expensive options for a franchise purchase. The cost for the average restaurant franchise can be $500,000 or more! This does not even include the non-borrowed assets you will need to have just to even purchase. If you want big name restaurants, such as KFC, McDonald’s or Taco Bell then you need to have at least $750,000 in liquid assets.

 

More Staff Required

Another thing to consider with this is you will need to have more staff than with just about any other franchise opportunity in Dallas. This is because they need help in the kitchen, servers, hostesses, in some cases bartenders and more. Many restaurants even hire third party cleaning companies as a way to keep labor costs lower. These services are not cheap but are less costly in some cases than the alternative.

 

Business Costs

It is also important to understand when considering a restaurant for your franchise opportunity in Dallas that you know what it will cost you to run the business. While obviously there are some variables that will change with the season, such as the labor costs, there are other things to take into consideration. Food costs are a huge part of owning a restaurant. The main issue is that this food tends to go bad faster than products in just about any other franchise opportunity in Dallas. This means if you aren’t getting the numbers in your restaurant, you are throwing away money.

 

Competition

Keep in mind that while the restaurant industry is worth billions of dollars it is also the most saturated market you can get into. On just about every corner you will see some sort of restaurant. This creates a lot of competition which can make it difficult to meet your goals.
This does not mean that a restaurant is not the ideal choice in certain circumstances. However, if you want to find a franchise opportunity in Dallas where you can have a recurring revenue stream and a business that is unique yet fun, then Splash and Dash Groomerie & Boutique is the franchise for you.

Inexpensive, Profitable Franchise Opportunities in Blount County Alabama

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Splash and Dash Groomerie and Boutique is now accepting applications for new franchises in Alabama. Ranked as one of the top privately-owned American businesses by Inc. Magazine, the “Small Business Ideas and Resource for Entrepreneurs,” Splash and Dash is the only pet industry business to make the list of 5000 companies.

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The pet industry is predicted to bring approximately $73 billion in revenue for the 2014-2015 fiscal year; about $4.7 billion of which will be spent exclusively on grooming and boarding, according to Pet Age Magazine and the American Pet Products Association, respectively. With this in mind, opening a pet store franchise is certainly a lucrative business decision.

Splash and Dash is an innovative business model that focuses on bringing affordable grooming options to pet owners nationwide. Offering a monthly package starting at just $39.95, Splash and Dash promises pet owners an unlimited grooming bundle to ensure that their precious pooch remain clean and healthy all month long, without worrying owners about the high cost associated with regular grooming.

Offering different store concepts, Splash and Dash accommodates for both rural and urban markets. Splash and Dash is also an alternative to more expensive franchise opportunities. Check out our franchise comparison chart to see how Splash and Dash stands against other franchises, pet and otherwise. With initial investment packages as low as $55, 000, Splash and Dash is approximately $100, 000 cheaper than other pet industry franchises.

Blount County Demographics

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Homeownership in Blount County is significantly higher than in the rest of Alabama, coming in at 80%, though the county remains 90% rural. This combination lends to the fact that Blount County homeowners are very likely to have pets, especially in areas where yards are likely to be very big.

Blount County is popular for an abundance of outdoor activities, thanks to the Rickwood Caverns State Park, the Black Warrior River, and the nearby Bankhead National Forest, all of which attract hikers, fishermen, canoers, kayakers, and campers to the area.
This combination of outdoor activities along with the high likelihood of pet owners within the county mean good business for pet stores and grooming salons.

Bringing Splash and Dash to Blount County, Alabama

With only two pet grooming salons serving Blount County, bringing more competition to the area with a Splash and Dash franchise would allow Blount County residents the convenience of staying close to home when looking to drop their pooch off at the salon.