Last year, I received a couple of phone calls concerning a young franchise called "Cereality." I put forth my serious consulting voice and suggested rather strongly to these fine folks that called my office, "Are you really going to take a food franchise that sells Cocoa Puffs for $3.00 a bowl, seriously?" I mean I am a pretty skeptical guy to begin with, so let's knock 20% off of my opinions on any new franchise...but CMON!!! {One little detail that I don't want to forget to mention. The investment amount is OVER $200,000 for one of these cafe's.} Quite the bargain.
My friend, and marketing buddy, Sean Kelly, is reporting that one of Cereality's franchises recently closed. Sean is really sad. Read his breaking franchise news, here.
I am so happy that Cereality didn't purchase a sponsorship on my new food franchising website, Franchise Flavors!
Read an article about "Hot" franchises, and why you don't buy them, here.
Of course a research plan works, too!
Sean,
Pop Tarts? Aren't they unhealthy?
Get my eBook up on your blog yet?
HAHAHA!!!
Joel Libava
Posted by: Joel Libava | July 02, 2008 at 09:35 PM
$3.00? You must have been going to the Cereality outlet. I heard reports of $6.00.
However, I'm sure my Pop Tarts Cafe franchise will be much better received.
Posted by: Sean Kelly | July 02, 2008 at 09:24 PM