Best non UK food franchise?
Discussion
There's a few buddy's american diner places popped up in Glasgow in the last year or two, seem to be doing rather well. The food is great, https://www.facebook.com/buddysbardinergirllglasgo...
Keep it stiff said:
look carefully at the value that the franchise offers. You are paying for the brand, central support, the business processes and methodology. In addition there can be value from being able to source stock at lower unit costs compared with independent businesses. It never ceased to amaze me how little some franchisors offer their franchisees, just take a step back and have a real good look at the on-boarding cost and the ongoing fee compared with starting a non-franchised business in the same field.
id second all KIS said but especially this. if your franchisor isnt working their butt off for you in branding, marketing, business support and groupwide supplier deals, they arnt worth dealing with. And the only real way to find out if thats happening is to ask existing franchisees.the good ones will have bought into the methodology and the brand 100%. they should do well and be proud of it.
Are you any further with your plans ? I have been meaning to post my comments but have been pushed for time.
I used to own a number of Dominos pizza stores as well as starting up some oriental food delivery stores, sandwich and coffee shops so i do know a thing or two about the food business.
Firstly lets dispel that old chestnut about franchises having a low failure rate. The reality is when a franchisee fails he is left with nothing or some second hand equipment. The lease for his store will be in the name of the franchisor who will then sell it on for another franchisee to open or continue running it themselves. This would not be considered a failure or a closure by the franchisor. Number of units is on the top of franchisors agenda and closing stores would affect the recruitment of new franchisees. Sometimes you will find stores that have closed several times but keep reopening. Dominos were very quick to tell new franchisees who they were pushing to take over previously closed stores that the reason it didnt work out for the previous owner was because they failed to follow the system ! I knew a lot of ex. Dominos franchisees who lost everything. Dominos would normally get the franchisee out before even revenue and customs got a winding up petition in as they knew they could sell it on easier than if the receiver became involved.
Franchise agreements are very one sided and so you must always ask yourself what happens if it goes pear shaped ? Normally you can only sell it to someone that the franchisor agrees to and dont forget the franchisor themself can always change hands. At the end of the day its all about trust. After talking to various bank managers and other franchisees etc. the only franchise i would ever trust is Mcdonalds.
I used to own a number of Dominos pizza stores as well as starting up some oriental food delivery stores, sandwich and coffee shops so i do know a thing or two about the food business.
Firstly lets dispel that old chestnut about franchises having a low failure rate. The reality is when a franchisee fails he is left with nothing or some second hand equipment. The lease for his store will be in the name of the franchisor who will then sell it on for another franchisee to open or continue running it themselves. This would not be considered a failure or a closure by the franchisor. Number of units is on the top of franchisors agenda and closing stores would affect the recruitment of new franchisees. Sometimes you will find stores that have closed several times but keep reopening. Dominos were very quick to tell new franchisees who they were pushing to take over previously closed stores that the reason it didnt work out for the previous owner was because they failed to follow the system ! I knew a lot of ex. Dominos franchisees who lost everything. Dominos would normally get the franchisee out before even revenue and customs got a winding up petition in as they knew they could sell it on easier than if the receiver became involved.
Franchise agreements are very one sided and so you must always ask yourself what happens if it goes pear shaped ? Normally you can only sell it to someone that the franchisor agrees to and dont forget the franchisor themself can always change hands. At the end of the day its all about trust. After talking to various bank managers and other franchisees etc. the only franchise i would ever trust is Mcdonalds.
Take a look at Buddies Northampton. They appear to be growing in numbers and would be a perfect model to franchise. I understand they own the company that makes their own burgers.
Have had a outlet in Northamton town centre for at least twenty five year but now are opening more stores.
Good American style food in a American style bar.
Have no association with them other than liking the food and atmosphere
Have had a outlet in Northamton town centre for at least twenty five year but now are opening more stores.
Good American style food in a American style bar.
Have no association with them other than liking the food and atmosphere
How about Tilted Kilt? http://www.tiltedkilt.com/
I'd be willing to help out when you need to recruit waitresses...
I'd be willing to help out when you need to recruit waitresses...
Pie Face
Not only is it (kind of) in keeping with the snacking foodstuffs that we eat in the UK, its fappin delicious!
I'd definitely be a customer:
http://www.pieface.com.au/
Not only is it (kind of) in keeping with the snacking foodstuffs that we eat in the UK, its fappin delicious!
I'd definitely be a customer:
http://www.pieface.com.au/
5harp3y said:
Pie Face
Not only is it (kind of) in keeping with the snacking foodstuffs that we eat in the UK, its fappin delicious!
I'd definitely be a customer:
http://www.pieface.com.au/
Agree with this. They are the perfect late night snack. The concessions all over Sydney CBD are always heaving. Last time I was over there, I was sorely tempted to look into franchising in the UK, or replicating the business model over here.Not only is it (kind of) in keeping with the snacking foodstuffs that we eat in the UK, its fappin delicious!
I'd definitely be a customer:
http://www.pieface.com.au/
As for Harry's in Woolloomoolloo
Lots of ideas here but most would be a disaster. What works in one country does not always work in another. Also don't lose focus on the need to make profit ! From experience it is not much fun having great sales and people telling you what a great product you have but not make any money ! I would walk away from any franchise where the hot food and labour costs exceed 50% of the selling price excluding VAT.
schmalex said:
5harp3y said:
Pie Face
Not only is it (kind of) in keeping with the snacking foodstuffs that we eat in the UK, its fappin delicious!
I'd definitely be a customer:
http://www.pieface.com.au/
Agree with this. They are the perfect late night snack. The concessions all over Sydney CBD are always heaving. Last time I was over there, I was sorely tempted to look into franchising in the UK, or replicating the business model over here.Not only is it (kind of) in keeping with the snacking foodstuffs that we eat in the UK, its fappin delicious!
I'd definitely be a customer:
http://www.pieface.com.au/
As for Harry's in Woolloomoolloo
POORCARDEALER said:
McDonalds in Dewsbury just closed its doors after nearly 20 years
Wrong location can kill even a successful franchise brand, I'd guess it is too far outside the core town centre / shopping district to have good passing trade during daytime hours but no parking or drive thru massively limits evening and morning trade. markcoznottz said:
POORCARDEALER said:
McDonalds in Dewsbury just closed its doors after nearly 20 years, big shop near bus station so decently located but not drive through, chap that owns it has several but couldnt make that pay, now boarded up
Mcdonalds franchise failure? Can't be that common ? sooperscoop said:
Open one of these opposite the Canadian Embassy and retire a billionaire in about a year.
I would stab all of you for a large double double, a sausauge breakfast wrap and a Boston Creme donut.
I'm off to Vancouver in June and one of the highlights is charging up my nieces Tim Hortons card and letting them treat themselves. Great places that would clean up in the UK.I would stab all of you for a large double double, a sausauge breakfast wrap and a Boston Creme donut.
Thankyou4calling said:
I'm off to Vancouver in June and one of the highlights is charging up my nieces Tim Hortons card and letting them treat themselves. Great places that would clean up in the UK.
Or not. Tried a deal a few years ago with Spar, you can imagine the outcome. We are crap at fast food . Gassing Station | Business | Top of Page | What's New | My Stuff