'People can't afford to get out': Cold Rock ice cream franchise under pressure
Franchisees from Cold Rock were one of the main sources of confidential submissions to the parliamentary inquiry into franchising, according to theCold Rock has come in for scrutiny
The chain sells ice-cream mixed with lollies and chocolate and Cold Rock's website lists 77 stores across Australia.Franchisees say store numbers have fallen sharply recently from a peak of 108, however, a spokesperson for FFCo denied there were any problems with the franchise and said he was surprised it had been mentioned so often at the recent parliamentary inquiry.
, most closures had been in the last few years when franchise agreements have ended and franchisees have chosen not to renew. Senators Deborah O'Neill and Michael Sukkar listen as Tony Alford, former chief executive of Retail Food Group, appears before the parliamentary inquiry into franchising."Morale was good and the profitability of stores was high until the FFCo took over Cold Rock in 2009," the franchisee said.
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