Al Yeganeh, the inspiration for Seinfeld’s beloved “Soup Nazi” character, is in trouble. His chain, The Original SoupMan, began a nationwide expansion blitz, which includes a Cherry Hill Location. Only, as the Associated Press and the New York Times’ City Room blog report, there are problems in soupland:
At least eight of the company’s roughly 40 stores failed within the first two years of the launch of the national company. Some franchisees told The A.P. that they want to be released from their contracts because of poor profits or bad relationships with the company; several others have sent the company letters threatening to sue… Some franchisees had also complained that the company did not have a plan to handle the summer months, when soup sales decline. Mr. Rarrick said Original SoupMan has struck a deal with Cold Stone Creamery to create hybrid stores that will sell soup and ice cream.
Our advice to Mr. Yeganeh: Get an outside advisor and work on a revised business plan. Fast.
Al Yeganeh, the inspiration for Seinfeld’s beloved “Soup Nazi” character, is in trouble. His chain, The Original SoupMan, began a nationwide expansion blitz, which includes a Cherry Hill Location. Only, as the Associated Press and the New York Times’ City Room blog report, there are problems in soupland:
