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 the term ‘turnkey’ mean?
The expression ‘turnkey’means, as the word suggests, that all that the person who receives the benefit of the turnkey proposal has to do is turn the key and start the business. In other words, it envisages that a franchisor or licensor will do everything that is necessary to enable the business to start up. In a franchise context, you would certainly expect the franchisor to provide initial obligations such as supplying the manual, initial training and a launch and promotion programme for the business, as well as quite possibly initial stock, software and advice as to premises. Technically this is not entirely a turnkey franchise because usually franchisees are required to find their own premises and modify them for use as a franchise. Turnkey franchises are often offered for man-and-avan franchises where, effectively, franchisees are given everything, including a fully liveried van and initial stock, to enable them to launch their business. Whenever a turnkey package is not provided in a franchise then the franchisor should do all that is necessary to assist the franchisee to start his business.
You might also be interested in
Answered by Shelley Nadler
Shelley Nadler writes: Yes. It’s usual for the franchisor to demand the same qualifications and standards for... read more
Answered by Alan Wilkinson
Alan Wilkinson writes: It’s quite common for two friends to go into business together and the mechanism... read more
Answered by John Pratt
John Pratt writes: There’s a view that if a franchise works in a franchisor’s home country, it... read more
Answered by Louise Harris
Louise Harris writes: Start your research ahead of your attendance. Make the show guide your key resource... read more
Exciting Franchise Opportunities
Companies to Consider
The Massage Company
Mail Boxes Etc.
£100,000 to £120,000
Not Just Travel
Family Law Assistance
Monthly sales of up to £8,000 based on a 37.5-hour week
Yes, via third party
Potential ROI within 18 months with an average net profit of 21%
£600,000 to £800,000
£150,000 per year
Opportunity to earn in the region of £5,000 per month
Get expert franchising news delivered straight to your inbox
Franchise news, advice and new opportunities delivered weekly.
Must Read Articles
Added 2 years ago | 2 min read
Added one day ago | 2 min read
Added 3 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