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Aaron Harper

๐Ÿ‘ค Speaker
705 total appearances

Appearances Over Time

Podcast Appearances

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

And that's how the model works, right?

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

Like you have to, and so what we're obsessed with is how do we increase the cash on cash return for the franchisees that come in and open this business for 350 or $400,000 to get started, right?

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

So how do we help them get to a point where their investment makes sense faster?

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

And so the entire time that we've been running this company, it's always how do we condense the path

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

to profitability and return because, um, and, and so you, you basically, you, you create systems, you tweak the systems, you better the systems.

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

And then that time and time just continues to get more and more compressed when you launch a brand and you have your first ever franchise training, um,

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

you have no clue how long it's going to take.

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

You have ideas, but like up to the franchisees to execute, like truly.

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

And so now we have 136 trucks on the road in 37 States owned by franchisees that have two, three, in some cases, four or five or six trucks.

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

And, um,

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

And they have scaled their businesses.

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

And we've continued to invest pretty much every single dollar that we've gotten back into increasing systems to continually condense that timeframe such that we have franchisees now that launch and they have contracts booked before they go to training.

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

Like literally.

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

Wow.

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

We got them contracts.

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

All they had to do was buy into the brand.

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

exist, breathe, like, and then they can't just work.

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

And it's because we've invested significantly into resources for national accounts to generate business for franchisees before they even open.

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

So this is probably the hardest thing for most franchisors who don't have experience in franchise sales to do.

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

They don't know who to identify, where to find them, how much they need to pay to acquire them.