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If GarageTek closed failing franchises, they could face potential lawsuits from franchisees claiming breach of contract or financial damages. This could harm their reputation as a franchisor and lead to negative public perception, portraying the company as unreliable or unsupportive. Additionally, existing franchisees might panic, leading to further instability within the brand and potentially deterring future franchise applicants. Overall, such closures could significantly impact GarageTek's brand image and financial standing.

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1d ago

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