I’m The Franchise King®, Joel Libava. I'm the author of "Become A Franchise Owner!" (Wiley) and "The Definitive Guide To Franchise Research." (Self) I provide straightforward advice to would-be franchise owners. In addition, I closely follow the trends in franchising.
"Franchisees should be wary of seemingly low barriers to entry. For instance, Burgerim’s website didn’t list the necessary financial qualifications for potential franchisees, which is highly unusual, especially for a quick-service restaurant."
“It’s like, ‘Wait a second, does that mean that, if I’m breathing, I can buy this franchise?’”
From: https://www.qsrmagazine.com/franchising/what-learn-burgerim-disaster19 August 2020