The Side Hustle Show

718: Does it Make Sense to Buy a Franchise as a Side Hustle?

62 snips
Jan 15, 2026
Greg Mohr, a franchise consultant and founder of FranchiseMaven.com, shares insights on using franchises as semi-passive side hustles. He discusses how franchises generally have a lower failure rate and can replace a part-time income within 2 to 3 years. Mohr highlights lucrative industries like HVAC and plumbing, the benefits of established franchise groups, and the importance of careful research. He also covers financing options like SBA loans and the value of hiring the right managers for success in franchising.
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ADVICE

Verify Semi-Passive Claims With Franchisees

  • Talk to at least 10 current franchisees to verify a franchisor's semi-passive claims before investing.
  • Investigate how many hours proprietors actually spent and what 'semi-passive' entailed in practice.
ANECDOTE

Orchestra Director Bought A Fitness Franchise

  • Greg described a Houston symphony orchestra director who bought a fitness brick-and-mortar to transition out of his day job.
  • They validated the business model and the owner is now on the path to stepping away from the day job.
ANECDOTE

Doctor Scaled Supercuts With Regional Managers

  • Greg recounted a doctor who bought 20 Supercuts salons, hired regional managers, and scaled to 100 locations while remaining a practicing physician.
  • He layered management every seven salons to achieve delegation and growth.
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