Categories: ALL POSTSCoffee

PJ’s COFFEE: Worst Franchises by SBA Loan Defaults

What are the worst franchise opportunities?  Our recent post 15 Worst Franchises by SBA Loan Defaults listed the franchise concepts with the highest rate of SBA loan defaults for 2008.  

PJ’s Coffee and Tea Café franchise was listed as the 2nd worst.  According to Katie Adams of Investopedia:

2. PJ’s Coffee and Tea Café

PJ’s Coffee and Tea Café started out as a small business in New Orleans 30 years ago and only recently began selling franchise rights across the south, southeast and southwest.

It might want to stick to Cajun country – 50% of the franchisees failed on their SBA loans last year.

ARE YOU FAMILIAR WITH THE PJ’S COFFEE FRANCHISE OPPORTUNITY?  SHARE YOUR THOUGHTS BELOW.

unhappyzee

View Comments

Recent Posts

How They Mislead With Item 19 (DonutNV Example 1)

According to the FTC, “The FTC’s Franchise Rule permits a franchisor to provide information about…

4 days ago

DonutNV Franchisee Turnover Confirmed by 2025 FDD

In this post:  A List of DonutNV franchise owners who exited the system;  The 2025…

2 weeks ago

DONUTNV:  Franchise Fastlane’s Jake Hamburger No Longer a Franchisee

Franchise Fastlane pitchman Jake Hamburger sold a lot of DonutNV franchises in recent years.  Part…

2 weeks ago

100% Chiropractic Franchise Owners Allege Mistreatment, Failures, Closings

100% Chiropractic franchise owners have issued a press release alleging a toxic culture, a broken…

2 weeks ago

The Schnurman Report (Index):  Mark Schnurman & The Perfect Franchise Investigation

Mark Schnurman seemed to be hitting his stride as a successful commissioned franchise broker.  He had…

4 weeks ago

The DonutNV Franchise Report (Index)

The DonutNV Report is a comprehensive, in-depth, real time analysis and discussion of one of…

1 month ago