The Parable franchise was rated one of the worst franchise opportunities in America by Forbes magazine.
Do you agree that Parable is one of the worst franchises of 2014?
Why or why not?
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(UnhappyFranchisee.Com) The June 16, 2014 issue of Forbes magazine features their picks for America’s Best And Worst Franchises.
The Parable franchise made the Forbes list of the worst franchise opportunities in the 0 – $150,000 investment range.
The Forbes ranking for Parable included the following assessment:
No. 3 Parable
Operates online and in-store to sell Christian-themed merchandise like books and music.
Average Initial Investment: $127,500
Initial Training Hours: 9
Growth rate: –20%
Franchisor Support: C
Here are the rest of Forbes worst franchises:
Forbes Worst Franchises with 0 – $150,000 Investments
(With #1 being the worst)
Concept: Franchisees send coupons to consumers, direct-mails ads for small businesses.
#2 Realty World
Concept: Franchisees sell residential properties and offers online tools and mortgage options to home buyers.
Concept: Franchisees retail Christian-themed merchandise like books and music.
Concept: Franchisees help manage a remodeling job or new construction with its own team on-site.
#5 Aero Colours
Concept: Franchisees offer paint, bumper and bedliner repair for cars and trucks, with a traveling unit that makes house calls.
#6 All Tune and Lube
Concept: Franchisees provide tire, engine, transmission and general auto maintenance at its locations.
Concept: Franchisees offer strength-training and weight-loss sessions for women, as well as meal plans and apparel.
#8 House Doctors
Concept: Franchisees deliver handyman services, from small-scale fixes to full-blown home remodeling.
#9 ERA Real Estate
Concept: Franchisees walk clients through buying and selling a home, finding an agent and a mortgage.
Concept: Franchisees build custom frames and mats for photos, artwork, mirrors and flat-screen TVs.
See all Forbes Worst Franchises here:
ARE YOU FAMILIAR WITH THE PARABLE FRANCHISE OPPORTUNITY? DO YOU THINK IT’S ONE OF THE WORST FRANCHISES… OR NOT? SHARE A COMMENT BELOW.
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