Friday, February 15, 2008

Franchising News: Basketball

Hoosier Hysteria has a new outlet? I pass along Taking shot at franchises Fishers’ Fieldhouse hoops venue signs 2 deals, plans many more from the Indianapolis Business Journal without much more comment than these quotes:

"Scott Burton, CEO of The Fieldhouse, said deals have already been signed with franchisees in Merrillville and in Naperville, Ill. The local firm hopes to have up to seven franchise locations open this year, and is in discussions with groups in Atlanta, Austin, Chicago, Dallas and Kansas City. Negotiations are also taking place with potential franchisees in Minneapolis, Orlando, San Diego, Tampa, Toledo and even London, England."
Anyone contemplating buying or starting a franchised business needs to take the following to heart:
“There’s a lot more to running the facility than saying, “Build it and they will come,” Burton said. “That makes a great movie, but not a great business model.”