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Mavis Discount Tires: The New Franchise Model
Mavis is backed by private equity company. They buy, they buy a property for what's called 800 grand. And then the goal of like them on an operational basis is just to pay this lease. How do you source your shops? Franchisees want to sell to other franchisees. So when these older guys and ladies are looking to retire, they're looking for another franchisee to sell it to. The bigger, the better, you know, it's more secure.