When I look at a business like the one described here, it looks like an idea that's still forming itself. One of these chains, maybe more, may survive, but I'm betting they'll have to change to do so. And a bunch will crash and burn. Because it's such a new market. Nobody really knows what the consumers will want, long-term
That said, the chains that survive will likely be the ones that are willing to change to adapt to the market. Question, if I was looking at a business opportunity, would be whether any of these chains will change, or whether it will be a new chain with a new concept that gets it "right" enough to capture the necessary market share.
Julia Child and The French ChefMy local public TV station has been showing old French Chef episodes. I recorded some on my Tivo, and watched them this morning while having breakfast. It's...
If you buy a particular franchise, that's what you're stuck with. They call the shots, and if they don't change to suit the market, there's not much you can do. You could be sitting there watching a different franchise changing and growing while yours is stagnant. It's not something that I'd invest in, particularly if it was supposed to put food on my table. If I had lots of money and it was just another toy for me, that would be a different story.
Donna
