July 20, 2012
AIM Mail Centers franchise opportunity: Are you considering it?
Be aware that data released by the Small Business Administration (SBA) indicates that AIM Mail Centers franchise owners who qualified for SBA-backed franchise loans have a very high loan failure rate of 44%.
That qualifies AIM Mail Centers for inclusion in UnhappyFranchisee.com’s list of WORST FRANCHISES IN AMERICA (by SBA loan defaults)
Are you familiar with the AIM Mail Centers franchise opportunity? If so, please share your experience, opinions or insights with a comment below.
If you are an AIM Mail Centers franchise representative or employee, please leave a comment or email us at UnhappyFranchisee[at]gmail.com.
AIM Mail Centers franchise owners have an alarming 44% SBA default rate.
The apparent drop in U.S. AIM Mail Centers franchises in recent years is also a franchise red flag.
|AIM Mail Centers Franchise|
|AIM Mail Centers U.S. franchises in 2008:||101|
|AIM Mail Centers U.S. franchises in 2012:||58|
|Growth in franchise units 2008 – 2012 (#)||-43|
|Growth in franchise units 2008 – 2012 (%):||-43%|
|SBA loans granted since 2001:||43|
|SBA loan failure rate:||44%|
|Sources: Entrepreneur (growth), Coleman report (SBA)|
The inability to repay an SBA-backed loan (or any franchise loan, for that matter) indicates a serious situation for the franchisee.
It’s likely that AIM Mail Centers franchise owners who received SBA loans may have collateralized their franchise loan with their homes or other personal assets, and many were unable to repay those franchise loans… despite the serious incentive to do so.
Are you familiar with the AIM Mail Centers franchise opportunity?
What do you think accounts for the SBA loan failure rate of AIM Mail Centers franchise owners?
What steps should AIM Mail Centers be taking to stop further franchise failures?
Has AIM Mail Centers taken serious action to address the problems that led to these loan failures?
Please share a comment (anonymous is fine) or Contact UnhappyFranchisee.com.
ARE YOU FAMILIAR WITH THE AIM MAIL CENTERS FRANCHISE OPPORTUNITY? PLEASE SHARE A COMMENT BELOW.
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