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Most trusted service for franchise buyers
Together, The Fran Dawgs aim to be the most trusted service for franchise buyers looking for guidance on what brands to buy, and the premier destination for new franchisors to franchise their business. And if you couldn’t tell, they aren’t afraid to have a little fun doing it!
JT was the the CFO/VP of M&A of an emerging franchise platform, investment banker for franchisors & franchisees, and CPA. He has also successfully built and exited a multi-unit franchise in the senior care industry. JT has active investments in multiple franchises, and currently is the Managing Director of FD Capital Group.
Patrick is the host of FranDawgs, and has worked in worked in franchise development & private equity, founded & exited a leading media brand in franchising called The Wolf of Franchises, and founded & exited a data platform of 2,800+ franchises called Krokit. Patrick serves as an advisor to private equity firm Wonder, in addition to working in a business development capacity for FD Capital.
Our Menu for Franchise Success
Our values and operating principles we know to be true from our experience in franchising
95% of franchises (yes, that many) aren’t worth your time or money, and we’re not afraid to admit that. That’s why we have a database that shows you the numbers on all the top franchises. The data, combined with feedback from current franchise owners, and our experience from owning and investing in franchises, gives you the best chance of finding success in franchising.
We do not “sell the dream” that franchises are semi-absentee investments. If you are a 1st time franchise owner, you must be prepared to actively operate your franchise (the only exception to this may be ultra high net worth individuals). Anything less than your full commitment poses serious financial risk to you as the owner. Be careful about working with any franchise company that tells you differently.
While there may be exceptions, the large majority of successful multi-unit owners you see took anywhere from 8-20 years to get to where they are. If you want to be a multi-unit operator, aside from picking the right brand, having a long time horizon is critical to success. If you are getting into franchising thinking you’re going to get rich quick, you will be.
