5 Questions You Should Ask about a Fast Food Franchise Before Investing

Published on Jan 26, 2016

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PRESENTATION OUTLINE

5 Questions You Should Ask about a Fast Food Franchise Before Investing

Topics of Discussion:

  • Does the Brand Offer Franchisee Support?
  • What Are the Investment Costs?
  • How Many Franchises Does the Brand Have?
  • What’s it Like to Really Work There?
  • How Selective Is the Franchisor in Choosing Franchisees?

#1 Goal and Strategy Alignment with Cookie Business

It’s important to make sure that you potential franchisor will offer you strong support, such as resources and tools to help get set up. At Great American Cookies, we pride ourselves in providing our franchisees with top-notch support for the lifetime of our business relationship. We offer in-depth training and support when needed.

#1 What Are the Investment Costs?

The investment costs will vary depending on the fast food franchise. Fast food franchises require costs that are included – but not limited to – franchise fees, ongoing royalties to the brand, store build-out costs, costs for equipment and inventory, and the like. You’ll also need to make sure that you meet the financial requirements.

Depending on certain circumstances of the business, a larger number of franchises will typically indicate an established business model. One step further – it’s important to give special consideration to the potential location of your franchise. If it’s too close to another unit, you may wind up essentially competing with yourself.

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.