Here is a list of franchisors that have filed bankruptcy, or are reported close to filing bankruptcy. Notice how many of them are food related. In my opinion it would be a smart move to NOT open a food related business (with a few exceptions). There seems to be more safety in non food related type businesses. It is reported franchising in general has a 75% success rate by end of year five. Food related will probably be much lower.
Anyway here is the list of those franchisors at or near Bankruptcy.
• Perkins
• Marie Callender’s
• Giordano’s
• Friendly’s
• Souper Salad
• Dippin’ Dots
• Sbarro
• The Little Gym
• Fatburger (Fatburger parent company not part of bankruptcy
• Mrs. Fields/ TCBY
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