is buying a franchise a good investment?
Just want to understand how everything related to franchise investment works. For example, if i want to become a franchise owner of restaurants like Time hortons, Mcdonalds, Subway etc, how easy is it for someone like me who works 9 to 5 as a Financial analyst and makes around $60-70K? Here are some of my questions:
1) What would be the total cost to buy the franchise?
2) How easy is it to get a bank loan?
3) Do i need a down payment for bank loan? If yes then how much?
4) I would like to continue my full time job and manage the franchise part time, is that possible?
5) What are the risk?