The Nightlife Empire franchise is a marketing franchise that is responsible for the advertising and the promotion of night clubs. This is a direct quote from their online Ad; “ever dream of waking up at Noon, potentially partying with Models, Celebrities, and hanging out in the DJ Booth for a living? How about potentially getting Complimentary Food, drinks and VIP Bottles inside Nightclubs? You could possibly get yourself to Local Celebrity Status. Get Paid to Party.”
After fully reading the franchise contract and assessing the offer offered to me by this franchise, my lawyer told me to go ahead and establish a relationship with them because based on what is said it seems to be really beneficial. After discussing with my lawyer about exactly what he uncovered from his research on the franchise I was able to determine that this franchise provided a significant amount of information about when it was established and how it can benefit me.
From the website, http://www.franchiseexpo.com/franchise_locator.cfm, and http://www.corporationwiki.com/Florida/Tampa/nightlife-empire-inc/66732531.aspx, an investor can find out information about the franchise like when it was established. This franchise has been running successfully for about fifteen years now, and offers a lot of accommodations to its investors. In order for me to be a part of this franchise I would need to invest the amount of about fifteen to twenty four thousand dollars, and my total investment could range from about one hundred to two hundred thousand dollars. The fact that the franchise displays this type of information publicly is a really useful because it makes it a lot easier for investors such as myself to get a sense of what I am getting into.
Not only does this Franchise allow me to see exactly how much I will have to invest but it also shows how much the franchise makes yearly. From the sources, my lawyer discovered that this franchise can make up to two hundred and eighty eight thousand dollars, but there is one catch , the amount of money earned, depends on the population and territory you establish it in. This franchise provides Training and support to all investors. One of the things I like the most about the information they provide, is the fact that they give investors demographics of areas where there is already an establishment and an estimate of about how much one is expected to make there. An investor s expected to receive 50% of net profit from events, and 100% of door profits. Based on this information I will definitely consider joining this franchise
Mario, this is a great article and I agree that this is a great franchise to join. Clubs are a great up and coming trend where it has come to that almost everyone has or wants to go to a club. I also agree with the fact that this could be a difficult approach because the night club solely on the population that surrounds the club. This can be very difficult with the fact that not every population is the same and it could be a hit or miss. Another problem that may occur is that everyone is already hooked to one night club and they would not even want to try your club. So the club franchise can either be very profitable or a big waste of money, but this can go with almost any franchise. Owning a business is a risk that we all must take and not everyone is fortunate to survive the harsh business world.
ReplyDeleteMario, I thought this was a very interesting choice for a franchise. Night life is a very successful business that is often over looked. As technology and society expand together as one these club get a lot more popular amongst young adults and teenagers. This is also a god franchise to invest in because it is rare that the countries economic state will affect this business. Clubs are a good way for people to get away for a night and have fun. So as long as people want to have a getaway form stress then these clubs will always be thriving. Owning a club will give you a very good profit pending its location, very smart decision.
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