Multi-Unit Franchisee Insight - Measuring Growth & Looking Into The Future
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Multi-Unit Franchisee Insight - Measuring Growth & Looking Into The Future

Multi-Unit Franchisee Insight - Measuring Growth & Looking Into The Future

We talk to successful multi-unit operators constantly here at Franchise Update Media. These busy on-the-go people share great insight and wisdom with us through our profile stories in Multi-Unit Franchisee magazine. Here, from our archives, are some insightful responses from some of these franchisees.

 

How do you measure the growth of your business?
Year-over-year sales and customer counts.

Where do you see yourself in 5 years? 10 years?
I am looking to expand by building and acquiring more restaurants. We want to keep doing what we are doing, keep progressing. We also plan to build 20 Smaash centers in the U.S. over the next three years. Each is going to be approximately 20,000 square feet. We are also looking forward to being part of the successful global brand Arby’s. We are looking to expand our wings with other food chains and are also eager to get involved with other different fields of business.
Jay Pandya, multi-unit operator of Pizza Hut, Checkers & Rally’s, and Dunkin’ Donuts

 

How do you measure the growth of your business?
Cash flow growth and same store sales.

Where do you see yourself in 5 years? 10 years?
I want to be where my team decides they want to be. I want to help guide them. To me, the growth we do as a company from this point forward is for the team and for my partners. It is not about me. I would love to see us grow by three to five stores a year unless an acquisition comes along. If we are sitting at about 70 stores in 5 years, we will achieve what we want to. As long as they are profitable units, we would like to continue the growth pattern we are on now.
Joe Brumit, multi-unit operator of Arby’s

 

How do you measure the growth of your business?
Our primary one is school enrollment. We track many different data points throughout the year, but enrollment growth helps us gauge our success.

Where do you see yourself in 5 years? 10 years?
In 5 years, we hope to have an additional seven or eight schools open, and to have expanded to another market (in addition to Albuquerque and Midland, Texas). In 10 years, we hope our focus on leadership development will have paved the way for a team that can continue to develop and operate new schools while maintaining the standards and high quality Michael (husband) and I value so much.
Lou Ann McLaughlin, multi-unit operator of Primrose Schools

Published: February 12th, 2019

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