Have You Considered Factors Involved with Buying a Food Franchise?

Buying a food franchise can be difficult. There are many of them out there. Some groups differentiate themselves from others, but one way to know you’ve found an option that has some weight behind it is to look at the history of available franchises. A great example is Hot Dog on a Stick.

Did you know Hot Dog on a Stick has been around for 70 years? It started in 1946, just six years after a little-known barbecue joint had gotten off the ground. It has its roots in a dream of entrepreneurial expansion in Southern California. The dream was certainly sustainable—80 separate stores now exist throughout the country and the world, and expansion is always in the works.

Topics of Discussion

• Questions to Answer When Buying a Food Franchise
• Renewable Workforce
• Be Your Own Boss
• Find Turnkey Franchises

1. As you take a long, hard look at franchise options and consider which may be the best, take a moment to answer some integral questions:


How long has the franchise been around?
How well known is the franchise?
What does your locality’s current market look like?
How much money will I make?
How much does startup cost?

These questions don’t simply apply to buying a food franchise—they’re important when considering other franchise options, too.

2. You’re going to have a large available employee pool with a food franchise. The kind of available work is simple and therefore open to a greater portion of the population than specialized occupations. Almost anyone can be trained to work at a fast food franchise store, and if they can’t cut it, there is a vast supply of teenagers continuously in need of employment to fill vacancies. Food franchise jobs are an economic staple of America, providing employment options for anyone in a pinch. Buying a food franchise puts you in the middle of a continually renewing applicant pool that is not overqualified.

3. While there are certainly franchise conditions to take into account when operating a franchise store, ownership allows you to call the shots. Often, being your own boss yields lucrative return on investment because you become the driving force behind profit. On the flip side of that coin, attitude is the biggest problem any employer faces. Being your own boss squares away your attitude, but it can’t determine employees’ attitudes on a given day. However, being your own boss in a business that boasts a renewable pool of workers means you can be selective about whom you hire, choosing and retaining those who have the right perspective. You don’t have to deal with people who bring operations down through their poor attitude.

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Disclaimer: This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only. Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. If you are a resident of or want to locate a franchise in one of these states, we will not offer you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements in your state. Franchise offerings are made by Franchise Disclosure Document only.