Burgers and Sandwiches Franchise and Business Opportunities
Purchase a Franchise in the Food Service Industry in your area
A franchise presents an excellent chance to start a business for any would-be restaurateurs. Restaurant franchises have some advantages, such as immediate brand awareness, existing clientele, and marketing done for you. But, when you're buying a franchise in the food-service industry, you will want to ensure you choose a brand that is best suited for you. Here below are some things to think about when finding and buying a franchise restaurant in your area.
What Does a Restaurant Franchise Owner Do?
Are you aware that not all chain restaurants are independently owned? It's true that a lot of popular brands are franchised, but there are some that are owned and operated by the head office. What does it mean to be a franchisee? It means you hire your own staff, run the operations, and are responsible for the business aspects. Purchasing and running a restaurant franchise location means the franchisee is also responsible for the company's success.
The agreement that comes with buying a brand is that franchisees pay a percentage to corporate and get branding guidelines and a service model. Corporate then takes care of marketing, menu items, further instruction, conferences, and damage control for all its franchisees.
With some research and context about what you should be looking at when running a restaurant franchise, you can make an educated decision that helps out for years to come.
What Franchises in the Restaurant Industry Are Available?
Restaurant franchises include fast food, quick service, fast-casual, counter walk-ups, sit-downs, etc. Some are meal specific like breakfast only, or just dessert, while other restaurant franchises do it all. Prior to pursuing any franchise in the food industry, we can help you determine what might be more successful in your area and fill a hole in the local market.
Our experts can assist you in drilling down the competition and compiling a profile of the local economy to help you find the best restaurant franchise. Knowing things like the makeup of the neighborhood, what other restaurants are open in your region and how they do business will help you decide what franchise restaurant to open. Market analysis might reveal that the locals will welcome it with open arms.
We Help You Decide on What Type of Restaurant to Open in your area
What does it take to own your own restaurant in your area?
As your interest in owning a restaurant franchise grows, get in touch with our experts. Buying a franchise restaurant in your area has the benefits of an established brand, time-tested processes, and other advanced solutions that make it a safer investment.
What does it cost to get into the Burgers and Sandwiches sector?
The average investment in the Burgers and Sandwiches sector is $1,129,700. But, that doesn’t tell the whole story. There's a striking difference between the average and median.
Of all Burgers and Sandwiches franchises, 1 have an investment lower than $1,276,000. The average initial investment is skewed because the most expensive franchise in this sector is $1,408,100.
When looking at franchise opportunities make sure you examine brands within your investment range. Search below for Burgers and Sandwiches investments that fit your financial criteria. If you're not sure what you can afford, fill out our Franchise Affordability Calculator.
How much can I make in the Burgers and Sandwiches sector?
How much money you can make from a Burgers and Sandwiches franchise depends on several factors, including location and demand for your services.
One way to predict your profit potential is to evaluate the financial performance representations provided by a franchisor in Item 19 of their Franchise Disclosure Document. Franchisors are not required to disclose this information, some are more transparent than others.
In the Burgers and Sandwiches sector, 33% disclose a financial performance representation. Of those, only 100% disclose some type of expense data on its franchisee operations.
Unlock our Burgers and Sandwiches Sector Report to learn which franchises are profitable.