My dad has a franchise of 5 months that is already starting to fail. He has 250k+ put into it, and thats with a shared business partner (500k+ total.) It is located in a great plaza of food and grocery, BUT there is another boba shop 2 minutes from it. I dont know why they chose to build one so close to it. By the end of the second month things started to go downhill and getting worse and worse, only making average of $100-170 dollars a day with $135 dollars needed to pay workers hours for that day. Is there really any way to save this business? Sell the business? Bankrupcy? Any advice helpful

  • Trick_Passion380OPB
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    1 year ago

    A happy hour sounds interesting thanks. We have tried a labor day and thanksgiving sale, buy 1 get 1 free. Both came out less than 190-250 dollars in sales :,( . We also are doing loyalty cards but i dont see as many people as i would like to coming back for stamps. Any advice to improve or advance from this?