Vet Fran, short for Veterans Transition Franchise Initiative, was launched 10 years ago by the International Franchise Association to provide financial incentives to assist veterans in acquiring franchised businesses.
Don Dwyer, founder of The Dwyer Group, lobbied for Vet Fran and made it happen. The Gulf War was underway; 100 franchisors stepped up and offered discounts to all veterans of the U.S. Armed Services (who were honorably discharged). Domino's Pizza, for example, charges a franchise fee of $25,000 but the fee for veterans is $5000.
Currently, more than 300 franchise organizations have joined the effort and the programs receive full cooperation from the Department of Veteran's Affairs, the U.S. Small Business Association and the Veterans Corporation. Today, the Vet Fran Task Force is chaired by Don Dwyer's daughter, Dina Dwyer-Owens, CFE, president and CEO of The Dwyer Group.
The most popular franchises among veterans are:
~The UPS Store
~Matco Tools
~Meineke Car Care Centers
~PostNet Int’l Franchise Corp.
~Aire-Serve Heating & Air Cond.
~CruiseOne
~Sport Clips
~Maui Wowi Hawaiian Coffees & Smoothies
~Dunkin’ Donuts
~Mr. Electric
~Mr. Rooter
For more info on the program, visit www.franchise.org/Veteran-Franchise.aspx
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