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Restaurants Generate Majority of Franchise Jobs 

10/29/2013

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By Tom Levy

Do franchise restaurants make good EB-5 investments? According to ADP one of the largest providers of business processing to employers around the world, Franchise businesses were responsible for adding more than 15,000 jobs during the month of September with restaurant franchises by far leading the
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gains with over 9,000 documented jobs added.

Franchise employment growth continues to outpace broader private sector job growth by a margin of 2.5 percent to 1.9 percent with franchise restaurants showing even higher growth, according to the report.

“Restaurant franchises are great investments and great employers making them ideal for EB-5 investor purposes,” said Joe Sloboda, President of the Florida Restaurant Franchise Group (FRFG). “The ROI and Job generation rates for our two newest franchise properties: VooDoo BBQ & Grill and Twin Peaks Sports Bar and Grill continue to exceed all of our expectations,” he said. Mr. Sloboda warns however that simply investing in franchise is no guarantee of success. “There is still no substitute for professional advice and exhaustive due diligence.”

FRFG’s franchise investment offerings have become appealing to EB-5 investors, agents, consultants, and immigration attorneys because they are a relatively small in volume, a good mix of developer cash and EB-5 funds, and because there is a history of approvals with the Regional Center on restaurant projects.

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The Florida Restaurant Franchise Group offers EB-5 franchise restaurant opportunities through the Palm Beach Regional Center. Operating in nine Florida Counties including Miami-Dade, Broward and Palm Beach, the Palm Beach Regional Center is one of the few Regional Centers in the United States that can boast a 100% success rate on all previous I-526 petitions.

Contact FRFG now for information on EB-5 Franchise Restaurant Projects.

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