The franchise business will contact you by means of email and/ or telephone only to the email address and phone number you have provided.
By submitting the enquiry form you are consenting to send your personal information to the selected franchise business.
You also agree to receive further newsletter email marketing from What Franchise.
What does a franchise package typically include?
The products and services provided by the franchisor in return for the upfront fee are likely in nearly all cases to cover the rights to use the name and various IT and communication systems, plus an appropriate amount of staff training, either in-house at the franchisor’s office and/or on-site at the franchisee’s location.It’s worth noting that many franchisors claim to make nothing from the upfront fee once they have deducted all their costs. Indeed, some claim not to be breaking even with an individual franchisee until the latter has been trading, and paying ongoing fees, for at least a year. Note that the upfront fee is not the same as the franchisee’s total set-up cost, the latter of which includes all the other necessary purchases and expenses of getting an outlet opened. These may include the search for, and acquisition of, premises, equipment and vehicles; design and implementation of building works; shop fitting; initial stock purchases; and staff recruitment and training.Sometimes the franchisor will wrap all the above up into a ‘turnkey package’, whereby all the money goes to him, so the best advice is to get a definitive list of what is and what is not included by the particular system, or systems, with which you are in discussion.
You might also be interested in
Answered by Louise Harris
Louise Harris writes: Richness or wealth is relative. We always want more, I guess. So, what is... read more
Answered by Shelley Nadler
Shelley Nadler writes: A concern that businesses may have when deciding to franchise their business, is the... read more
Answered by Alan Wilkinson
Alan Wilkinson writes: There are two elements to consider here. First is the franchise fee itself, and... read more
Answered by John Pratt
John Pratt writes: It is simply not possible to refer to taking a franchise as an “investment”,... read more
Exciting Franchise Opportunities
Companies to Consider
School of Rock
The Spitting Pig Co
40% net profit on a turnover of £110,000
Broadway Wine Company
£648,000 per annum with a gross profit of £108,216 and EBITDA of £82,956 by Year Three
Bark Busters Dog Training
£70,000-plus per annum
Part funding available
The Design Print Distribution...
Turnover circa £120,000. 30% profit level
Get expert franchising news delivered straight to your inbox
Franchise news, advice and new opportunities delivered weekly.
Must Read Articles
Added 3 years ago | 2 min read
Added one day ago | 2 min read
Added about 4 days ago | 2 min read
Find your next business opportunity
Search 100s of UK franchises and become your own boss today.
What Franchise Newsletter
Keep up to date with all the industry news