So presumably, what this means is that, as well as managing these magazins, the 'owners' have had to put up a fair amount of cash to purchase the franchise, which enables them to take a large part of the profits as their salary ? I wonder how independent they can be to drive up trade,or is what they do still very much dictated by the brand owners ?..
I friend of mine got married to a (much younger)man, a recent immigrant from Cyprus to the UK. We always thought that it was sad that he bought into a franchise (previously owned by a distant member of his Cypriot family), being taken in by the 'hype' and thinking that it was trendy, like McDonald's, when, in fact, it was a poorly sited (not much good parking, main road) and very dated & old fashioned, 'Wimpy Bar'.
He never made any real money and worked ridiculous hours, with the place nearly always half empty....Being from another culture, he never realised just how 'naff' and redolent of the 1950's/60's Wimpys are.
What was so bad is that he could cook wonderful Cypriot food (often served at their garden barbecues) and the rules governing the franchise didn't allow him to make any changes to the menu or the environment in order to drum up better trade. In the end he recognised it for the millstone it was and got out, somewhat delusioned !
You've only got to have worked a few evenings in a pub (a I did as a student in the 2nd year of my BA), to realise that working in that environment, day in day out with evenings as well, is anything but glamorous and that to have bought into it is a massive tie.I like my freedom too much, to ever go down that route....