Posted by alina77vere9uk on August 14, 2008 under Cold Stone Creamery, Young Chefs Academy | 
If you compare the two stories going on at the two websites below, you’ll quickly notice a rash of similarities. Just a simple question, “What is the moral of the story?” ( Obviously, the goal of that question is how do we help others avoid the same fate, though. )
Cold Stone Creamery: http://articles.moneycentral.msn.com/Investing/Extra/ColdStoneFranchiseesFeelChill.aspx
Young Chefs Academy: http://www.franchisespeak.com/young-chefs-academy-discussion
Comment has been sought from both parties, but of course who we’d really like to hear from here are franchisees. Because anonymous (and therefore we believe honest) comments from those involved would be far better for future potential victims, er.. customers. ( … lawyers would be welcome too … )
Posted by admin on February 5, 2008 under Articles, Young Chefs Academy |
With some of the comments about Young Chefs Academy on this site, a look at other franchisee problems needed at least a look. Here is one suit that happened about a year and half ago to a major franchiser. http://www.denverpost.com/business/ci_4702650
A group of Quiznos franchisees have filed a class-action lawsuit against the Denver sandwich chain in U.S. District Court for the Eastern District of Wisconsin. The lawsuit alleges that Denver-based Quiznos has “systematically defrauded its franchisees in a scheme designed to build the brand at the expense of its operators in the field.” The suit contends that the company forces franchisees to buy food and supplies from Quiznos or its affiliates at inflated prices while setting retail prices so low that franchisees can’t profit. The lawsuit also alleges that Quiznos omits or misrepresents key facts about its business operations when selling franchises.
Question?…
We can’t find an update to what has occurred since then. Any help?
Tags: chat, class action lawsuit, discussion, forum, franchisee, franchiser, franchisor, problems, question, quizno's, Young Chefs Academy
