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MAUI WOWI Franchise Complaints

July 21, 2012

Maui Wowi Hawaiian Coffees and Smoothies franchise opportunity:  Are you considering it?

The Maui Wowi franchise website states: “From freedom of choice, to Aloha service, to awesome value, Maui Wowi Hawaiian hits the notes that are important to entrepreneurs seeking to gain control over their life [sic].  Maui Wowi Hawaiian gives you the freedom to have the business lifestyle you want to live and improve the quality of your life.”

However, data released by the Small Business Administration (SBA) indicates that Maui Wowi franchise owners who qualified for SBA-backed franchise loans have an shockingly high loan failure rate of 49%.

That qualifies Maui Wowi for inclusion in UnhappyFranchisee.com’s list of WORST FRANCHISES IN AMERICA (by SBA loan defaults)

Are you familiar with the Maui Wowi franchise opportunity? If so, please share your experience, opinions or insights with a comment below.

If you are a Maui Wowi franchise representative or employee, please leave a comment or email us at UnhappyFranchisee[at]gmail.com.

Maui Wowi franchise owners have an alarming 49% SBA default rate.

The apparent drop in Maui Wowi franchises in recent years is also a franchise red flag.

Maui Wowi Franchise  
Maui Wowi U.S. franchises in 2008: 328
Maui Wowi U.S. franchises in 2011: 231
Growth in franchise units 2008 – 2011 (#) -97
Growth in franchise units 2008 – 2011 (%): -30%
SBA loans granted since 2001: 51
SBA loan failure rate: 49%
Sources: Entrepreneur (growth), company website (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 Maui Wowi 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 Maui Wowi franchise opportunity?

What do you think accounts for the SBA loan failure rate of Maui Wowi franchise owners?

What steps should Maui Wowi be taking to stop further franchise failures?

Has Maui Wowi and founder Michael Haith 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 MAUI WOWI FRANCHISE OPPORTUNITY?  ARE YOU A CURRENT OR MAUI WOWI FRANCHISE OWNER?  PLEASE SHARE A COMMENT BELOW.

Contact UnhappyFranchisee.com

Maui Wowi, Maui Wowi franchise, Maui Wowi franchise complaints, Maui Wowi complaints,  smoothie franchise, juice franchise, coffee franchise, beverage franchise, quickservice franchise, franchise failure rates, SBA franchise loans, worst franchises, unhappy franchisee, Michael Haith

Comments

2 Responses to “MAUI WOWI Franchise Complaints”

  1. They – Franchiser- have the talent to picture very nice their business, deceiving buyers, but reality is very far from that. After all the paint was used to complete the picture they want, the buyer – franchisee – is left on his own even thou they strongly advertise ” no experience necessary”, and “we’ll help”.If no satisfaction on their part regarding sells, they will terminate you invoking the agreement’s section 8.4, 10.1: failing to commence operation, even thou the fees were paid as per agreement and franchisee’s proof of struggling to promote their business -no advertise from franchiser as promised- and also proof of business operation. They also charge franchisee’s a fee between $16000-$19000 that suppose to cover ” for assisting you in locating a fixed location, providing turn-key services, including architectural designs up to $5000, on-site training, and for grand opening support “. There is no help for that, and when asked – as in my case – about refunding said amount because no services were provided, the answer is simplified to : IT IS NOT REFUNDABLE..!!??
    For all that think to associate themselves with this Franchiser I say : THIS IS ONE WAY BUSINESS MENTALITY, SO STAY AWAY !!!!!!!!!!!!!

  2. Jack Leon Waddell, Jr. says:

    Maui Wowi was the worst mistake I have ever made in my life. They will promise you the world and never deliver. Product cost is astronomical! Territory is not protected, and we had another franchise operator competing for locations…absolute disaster!
    The joke around our house is that we have a $100,000 blender.
    If you are considering buying this franchise, do some homework.

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