Special Financing to Help Franchisees. According to entrepreneur.com, some franchisors offer substantial financing to prospective franchisees. For example, IHOP franchisee Stanley Wong opened his first restaurant in 1967 with substantial help from IHOP -- which even today offers financing for up to 80% of the initial franchise fee. Now, 36 years later, he has 22 additional stores in 3 states. Other franchisors who offer financial help include Baskin-Robbins, Dunkin' Donuts, Fastframe USA and Togo's.
Posted by franchiselawblog at August 14, 2003 11:39 AM