restaurant franchise sale
The international fast-food restaurant chain Burger King has used several variations of franchising to expand its operations since it began growing in the late 1950s. In the United States, the company originally relied on a regional franchise model with owners having exclusive expansion rights in a defined geographic territory, it has since discarded that model and now utilizes a per store licensing model. Internationally the company still uses the territorial model with several large franchisees owning exclusive expansion rights for entire countries. The franchisers are often given the responsibilities of master franchise; they are allowed to open new stores, license new third party operators, and are required to perform standards oversight of the franchised locations in these countries.....
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