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  • 1 month later...
Posted

Agreed on this. All the independent shops around me have owners in their 50's or 60's. None of them have children that will be taking it over. It's not a glamorous profession at all ... their kids went on to do white collar work.

 

It should be noted that all of the franchises around me have 25-35 year old managers behind the desk, and the owner comes in once a week or once a month. If a business owner can get their shop to run like a franchise and make $$ while he sleeps, it would be a great retirement income.

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