The Franchise King®

Cold Franchises That Are Becoming Hot Franchises Again

First off, a little franchise trivia;

Which hot franchise in the 1980’s had Mickey Rooney as their spokesman?

Mickey Rooney Star

I remember when my dad arrived on the franchise scene in the 1980’s. He was the franchise development director for Akron, Ohio based Physicians Weight Loss Centers, an up and coming franchise that was starting to get known for it’s cutting edge marketing ideas-having actors that were portraying physicians, in it’s television commercials. (Hence the name, Physicians Weight Loss Centers.)

I’m not sure, but I think that the Federal Trade Commission came down on them for that, and that, along with the FTC coming down on that entire industry in the late 80’s, almost put them out of business.

Anyway, I remember my dad talking about a certain food-related franchise that was hot back then, a lot.

TCBY was a hot franchise in the 1980’s. I mean hot! In Northeast Ohio, there was a lot of buzz about them. New franchisees were opening several locations, and frozen yogurt was in

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TCBY, at one time, had 1,582 franchises across the US. Times were pretty good.
Mickey Rooney was the pitchman, and reportedly the folks at TCYB
headquarters were getting almost 500 franchise inquiries a week.

Then all of a sudden it was out. I really don’t know exactly what happened, but that “buzz” started to turn pretty negative. I think that competition may have had something to do with it…

Read about who that competition was, and how frozen yogurt is making a comeback-a huge comeback, right now.

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About the Author
The Franchise King®, Joel Libava, is a leading franchise expert, author of "Become a Franchise Owner!" and "The Definitive Guide to Franchise Research." Featured in outlets like The New York Times, CNBC, and Franchise Direct, Joel’s no-nonsense approach as a trusted Franchise Ownership Advisor helps aspiring franchisees make smart, informed decisions in their journey to franchise ownership. He owns and operates this franchise blog.

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I'm The Franchise King®, Joel Libava. For 24+ years, I've helped thousands of people avoid bank account emptying mistakes.
If you want to make a smart, informed decision on franchises to own, I can help you, too! Note:
I'm NOT a franchise broker/consultant/coach.
See how I'm different.

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