restaurant franchising

Franchising refers to the method of practicing and using another person's philosophy of business. The "franchisors" authorize the proven methods and trademarks of their businesses to "franchisees" for a fee and a percentage of gross monthly sales. Various tangibles and intangibles such as national or international advertising, training, and other support services are commonly made available by the franchisor. Agreements typically last five to twenty years, with premature cancellations or terminations of most contracts bearing serious consequences for franchisees.....

Related restaurant franchising Conversations

Number of restaurant franchising Topics: 5
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100% Q: How much could a popular restaurant franchise sell for?
Completely random question. Say someone opened up a restaurant that became popular and turned it into a franchise with several restaurants. As they were growing they caught the interest of a big corporation, maybe a competitor who wanted to control the competition, or anything. If this franchise had a lot of money making potential, does anyone have ANY clue a ballpark of what a big corporation would be willing to pay for the franchise? Please no complete BS answers.
A:
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100% Q: I want to create a restaurant franchise. What is the best way to get started?
I have an awesome restaurant idea. I have a huge potential customer base for this idea, which is between 20-60 million Americans who have specific dietary needs that are not addressed on any menu that I have seen. Basically, I have the concepts for the menu items, which I think will really help out this group of people. I don't really want to run the restaurant myself, mainly because I have never worked in one and don't want to quit my day job. There are so many millions of people that could be helped by the ideas I have, but it is difficult to know where to begin. Basically, I want to get paid for my intellectual property, so I was looking at the idea of selling franchises. I just don't know where to begin. Can I sell a menu, or do I need a business plan? How do I pitch my ideas without having them stolen? Do I look for an investment angel, or do I take out a small business loan? What is the best approach for someone who doesn't actually want to run the restaurant?
A:Hi Liz! As you already realize, the process of actually owning and operating a restaurant is VERY involved and takes a significant amount of experience. There are, of course, restaurant groups (like "Lettuce Entertain You", among others) that own/operate/manage hundreds of various franchises all over the world... and perhaps one of them might be interested in starting a franchise based on your ideas. The first step, of course, is to memorialize your ideas in some form of "tangible medium of expression". It's a legal phrase that basically means that you need to write down your ideas and get them onto paper and out of your head. Once you write them down, they're yours and you automatically hold a copyright in them. The next step would be to create a business model around these ideas. You need to be able to show the management folks that your idea is a good one... that it would be of interest to a great portion of the population... and how it would be different than what is already available. A Business Plan is the typical method to explain these details. There are even a variety of business schools around the country (check at your local university that offers an MBA program to be sure) that have students who need practice writing business plans and will help you for sometimes no cost at all. With your business plan drafted, and after practicing your "pitch", you would now be ready to sell your idea to the management company. To protect yourself and your ideas, you'll want to have a Non-Disclosure Agreement (NDA) drafted and signed by you and the management company(ies) that you talk with BEFORE you share your ideas. The NDA means that each party can share confidential information with the other and that sharing doesn't give the receiving party the ability to use the idea without compensating the other party. Hopefully, if your pitch goes well, the management company will like the idea and will want to use it as a way to create a new restaurant franchise. Alternatively, you could always seek outside investors and experienced restauranteurs and try to open the first restaurant with your new menu... but that is much more risky ... even if it might actually be easier to accomplish. Good luck!
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100% Q: Franchising a restaurant information ...???
I'm looking into this really great restaurant franchise. It also cost a lot, however the franchise fee is only $30,000. There's really nothing really like it around, but how will I be able to get a bank to loan me the money? Will they be more willing to give me a loan if the comapny can show them their records of bussiness and profit average? Thanks! sorry for the mis-spelling. I was typing fast!
A:
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100% Q: What are the government regulation requirements to open a franchise restaurant in California?
Im talking 1. FDA regulations such as safety, hygiene and everything else needed to open a restaurant. Im talking about the government stuff. Where can I find some info on these such as forms that needs to be filled out. and since this is a franchise, will they hanfle all of these?
A:Go to http://www.uspto.gov/ it is the United States Patent and Trademark Office and will have all the forms you will need and added info. Also check out "California Secretary of State-Filings & Forms" and http://www.calegislature.org/legsrv-bills/index.do. Try this new search engine called Blingo.com and search for "California FDA Regulations" also try "California FDA Restaurant Regulations." These sites should give you your answers and more.
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100% Q: Best way to bring customers to a local franchise restaurant?
I am looking to increase my customer count to a local franchise restaurant. Can you guys please share cost effective method of advertisement?
A:participating in local events and donating to your communities schools will do the trick! especially if you are located in a small community. For example in my town there is a coffee stand that does nothing but reach out to their community. They donated basketball carts to the high school, donated gift certificates to various raffles and community events and even have fun events like $1 days where everything is $1 for the entire day. they are just an awesome place and super friendly! if you involved your business more in the community, community members would support you as well. donating certificates to local raffles or drawings brings in new, first-time customers to your place. Support the city schools by helping purchase sports equipment or donate to a specific program in the schools. If your restaurant is a big supporter of the community, everyone will support the restaurant!
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Web Results For "restaurant franchising"

If you're interested in a restaurant franchise, contact us today! ... The franchise philosophy at Ruby Tuesday is to leverage the strength of our ... Franchising Home ...
http://www.rubytuesday.com/franchising.asp
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Invest in Restaurant franchises. Free info on other Food Franchises and business opportunities. Browse the directory to find a franchise opportunity.
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Popeyes chicken & biscuits restaurant franchises available - both domestic and international, real growth opportunity for experienced restaurant franchise operators.
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Food Franchise provides a comprehensive directory of food franchises including ... frozen yogurt parlors, pizza restaurant franchises, quick service and take out ...
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SUBWAY Restaurant, Franchise, Business & Investment Information. ... to becoming a SUBWAY® restaurant owner is to research the SUBWAY® franchise. ...
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In order to sell franchises, your restaurant must be credible in the eyes of ... a mature franchise, then your restaurant may be a good candidate for franchising. ...
http://www.quantifiedmarketing.com/learning_center/Franchise_Restaurant.php
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Information about owning a restaurant chain of this company. Includes requirements and FAQ. ... BECOME A LICENSEE. BECOME A LICENSEE. company.html ...
http://www.zaxbysfranchising.com/
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Restaurant Franchise - Online Directory of Food Franchises and Restaurant Franchise Opportunity ... SEEK Franchising, LLC. Sir Grout & Tile Care. AlphaGraphics ...
http://www.entrepreneur.com/foodfranchises/index.html
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List of Food And Restaurant franchises and investment information to start a franchise business. ... Sub Shop the perfect multi-unit franchising opportunity. ...
http://www.bizbuysell.com/franchise-for-sale/Food-and-Restaurant-Franchise/
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