Franchisee 'fed up' as master fails to perform
posted on 20th December 2014
An Indian immigrant who bought a Mr Green franchise in Christchurch fears that he has lost his $19,500 investment after the local master franchisee was struck off the Companies Register. The master franchisee, Richard Dean Smith, says that the money will be refunded in stages.
His lawyers Lane Neave say under the franchise agreement, Thomas was supposed to receive two weeks' training, during which he would be paid by MGC, and MGC was supposed to provide a list of customers that would return about $1000 a week initially.
The business was supposed to start on September 25 but no training and no customers came in the first few weeks.
Thomas said he began to worry and Smith was increasingly more difficult to contact.
When he did talk with Smith, he "was always promising something would happen next week."
Featured Listings
Choices Flooring
Be part of a new retail opportunity in New Zealand with one of Australasia’s most innovative flooring brands. At Choices Flooring, you’re not just...
Speed Queen Laundry Systems
Enjoy semi‑passive income with your own Speed Queen self‑serve laundromat. With our expert support you’ll be operating a profitable business in no time,...
CrestClean
Looking for a simple business with low risk and high profit margins - where you can enjoy a great lifestyle? A CrestClean franchise ticks all the boxes!...
Goodwin Turner Commercial Lawyers
Goodwin Turner Commercial Lawyers aims to provide a modern, friendly, client-focused and efficient approach to your legal business requirements, with a...
Westpac New Zealand
Westpac is New Zealand's most experienced bank in franchising and the only bank offering dedicated franchise specialist managers throughout the country....
