Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.
Thanks!

Click here for a guide on disabling your adblocker.

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber
Franchisees across the country seek refunds

China: More negative news for Guoweiyi

Recently, many people have started questioning whether Guoweiyi is a scam on major forums and Weibo. So far, Guoweiyi has not responded. Guo Weiyi announced that, since its inception, it has gained more than 1,600 franchise stores nationwide in five years.

It is understood that the cost of joining the Guoweiyi company is different depending on the region and time. The franchisee can choose to operate by himself or contract others to act as the “sub-landlords”. If the number of investment franchisees reaches a certain level and the operation is in good condition, it can become the development manager of the local area and even the company's legal person, thus becoming a subsidiary to achieve financial freedom.

According to industry insiders, the older stores are making money, and the newly opened stores are finding it difficult to survive. In the past few years, people who opened the store did make money, and most of them have already entered the subsidiary to become executives.

Source: Qingdao Chahuahui

Publication date: