NESTLE TOLL HOUSE CAFÉ BY CHIP Franchise Complaints

The Nestle Toll House Cafe franchise company is NOT owned by corporate giant Nestle.

That’s the first thing you should know.

It’s owned by a Richardson, TX-based Crest Foods, Inc. which was a single-unit Mrs. Fields franchisee.

The second thing you should know is that, according to the Coleman Report, the Nestle Toll House Cafe franchise has one of the worst SBA franchise loan default rates in the country.

With a loan default rate of 30%, the Nestle Toll House Cafe by Chip franchise earns a spot on the UnhappyFranchisee.Com Worst Franchises by SBA Loan Default Rate list.

The third thing you should know is that American taxpayers may be partially footing the bill for these failed cookie franchises, since our tax dollars pay back the banks for SBA-guaranteed loans.

Are you familiar with the Nestle Toll House Cafe by Chip franchise?  Please share a comment – positive or negative – below.

Things look even worse when one digs into the Nestle Toll House Cafe by Chip Franchise Disclosure Document (FDD).

According to the 2014 Nestle Toll House Café FDD:

The total number of Nestle franchises open between 2011 – 2013:  120

% of Nestle Toll House franchises closed, reacquired, not renewed:  30%  (36 total)

% of Nestle Toll House franchises closed, reacquired, not renewed, or transferred to new owners:  39% (54)

Number of Nestle Toll House franchises sold but not opened:  32

ALSO READ:

FRANCHISE DISCUSSIONS by Company

Nestle Toll House Cafe Franchise Disclosure Document (FDD) 2014

ARE YOU FAMILIAR WITH THE NESTLE TOLL HOUSE FRANCHISE OPPORTUNITY AND THE NESTLE TOLL HOUSE BY CHIP FRANCHISE PROGRAM?  SHARE A COMMENT BELOW.

Contact UnhappyFranchisee.com

TAGS: Nestle Toll House, Nestle Toll House café franchise, Nestle Toll House Café franchise opportunity, Nestle Toll House Café franchise complaints, Nestle Toll House Café by Chip franchise, Nestle Toll House Café by Chip franchise opportunity, Nestle Toll House Café by Chip franchise complaints, unhappy franchisee

Leave a Reply

Your email address will not be published. Required fields are marked *