Ok, I am interested in investing in a new franchise in the Cedar Falls area and possibly Ames or Iowa City. I am looking for input on smaller franchises that are not established in these cities (mainly restaurants, not the major chains like Buffalo Wild Wings, but something like the size of a Jimmy Johns or Pancheros). So, are there franchises you have frequented that you think would be a good fit? Also, are there mid size towns (20,000+) that would be good for a franchise like Pancheros?
If I were you, I'd look at opening a Pepperjax on Welch Ave in Ames. PepperJax Grill Their Philly sandwiches would make a flat out killing there.
Other than that, I would look into putting a Great Plains Sauce & Dough in DM, IC, CR, CF, Omaha...it would automatically be the best pizza place in any of those cities.
If your looking for something down Welch ave. in Ames, how about a fast food burger joint?
Most chains like that die pretty fast on Welch because they make a lot of there money on combo meals and soda. The McDonalds had that problem when they were on Welch, nobody would get meals including soda.
Also Quizno's and A&W did not survive on welch very long at all.
Welch could use something good there, but fast food chains probably aren't it.
I would try and talk to the family that owns Tasty Tacos to see if you could help them expand into Cedar Falls, Ames and Iowa City. Something that I have always wanted to do, but I don't have the time to take it on. Tasty Tacos in those towns would do very well.
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