A Deep Dive on Multi-Brand Franchising With Justin Sharbutt
A Deep Dive on Multi-Brand Franchising With Justin Sharbutt

A Deep Dive on Multi-Brand Franchising With Justin Sharbutt

David Prod

39 min
Business & Finance
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Description

<p dir="ltr">Franchising continues to be a popular business model in today's competitive market. Entrepreneurs can leverage the success of an established brand instead of building a business from the ground up. Today's guest has taken franchising to the next level by investing in different brands, resulting in immense growth and profitability.</p> <p dir="ltr"> <br /> <br /> Justin Sharbutt is a multi-brand franchisee passionate about expanding his footprint in the franchise industry. He owns 7 Dunkin'/ Baskin Robbins, 3 BurgerFi, and 54 Tide Cleaners, with 12 new stores under development. His wife owns 1 Blo Blow Dry Bar. Justin had his first taste of entrepreneurship when he and two of his best friends started a business raking leaves in their neighborhood. </p> <p dir="ltr"> </p> <p dir="ltr">Join Erik and Justin as they discuss what being a multi-unit and multi-brand franchisee is like. Get valuable insights in choosing a brand to work with, deal structures, business entity setup, and how to run multiple locations effectively.</p> <p dir="ltr"> <br /> <br /> If you’re looking for a franchise to start your dreams of becoming a business owner, look no further and let Justin show you the way.</p> <p dir="ltr"> </p> <p dir="ltr">“Volume cures all. The more sales you have, the margins are much better.” - Justin Sharbutt</p> <p dir="ltr"> </p> <p dir="ltr"><strong>In This Episode:</strong></p> <p dir="ltr" role="presentation">- Justin takes us through his early experiences in entrepreneurship and how he got into franchising</p> <p dir="ltr" role="presentation">- Why would someone want to franchise a food business when it's known to be a low-margin industry and managing employees is a nightmare?</p> <p dir="ltr" role="presentation">- How important is the brand when it comes to franchising? </p> <p dir="ltr" role="presentation">- What attracted Justin to franchise a QSR and laundry service?</p> <p dir="ltr" role="presentation">- Justin talks about what the deal structure was like with Tide, what worked, what didn't w

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