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.
Close
What does a franchisee typically receive for their initial investment?
The products and services provided by the franchisor in return for the upfront fee are likely in nearly all cases to cover the rights to use the name and various IT and communication systems, plus an appropriate amount of training for the appropriate staff, either in-house at the franchisor’s office and/or on-site at the franchisee’s location.It’s worth noting that many franchisors claim to make nothing from the upfront fee once they have deducted all their costs. Indeed, some claim not to be breaking even with an individual franchisee until the latter has been trading, and paying ongoing fees, for at least a year.Note that the upfront fee is not the same as the franchisee’s total set-up cost, the latter of which includes all the other necessary purchases and expenses of getting an outlet opened. These may include search for, and acquisition of, premises, equipment and vehicles; design and implementation of building works; shop fitting; initial stock purchases; staff recruitment and training; and various other items, the fees for which may go to third parties.Sometimes the franchisor will wrap all the above up into a ‘turnkey package’, whereby all the money goes to him, so the best advice is to get a definitive list of what is and what is not included by the particular system, or systems, with which you are in discussion.
You might also be interested in
Answered by Vincent Anthony
Vincent Anthony writes: The property market has wide appeal because it is relevant to everyone: we all... read more
Answered by Louise Harris
Louise Harris writes: Richness or wealth is relative. We always want more, I guess. So, what is... read more
Answered by Shelley Nadler
Shelley Nadler writes: A concern that businesses may have when deciding to franchise their business, is the... read more
Answered by Alan Wilkinson
Alan Wilkinson writes: There are two elements to consider here. First is the franchise fee itself, and... read more
Exciting Franchise Opportunities
Start your own Sojubar franchise
Yes
Find Out MoreN/A
Request Free Information
Send a free enquiry to Sojubar for further information!
Start your own Fat Phill’s franchise
Yes
Find Out MoreN/A
Request Free Information
Send a free enquiry to Fat Phill’s for further information!
Start your own The Knot Churros franchise
Yes
Find Out More£600,000
Request Free Information
Send a free enquiry to The Knot Churros for further information!
Start your own Woods Russell franchise
Yes
Find Out More£100,000
Request Free Information
Send a free enquiry to Woods Russell for further information!
Start your own Gourmet Sushi franchise
Yes
Find Out More£1,900,000
Request Free Information
Send a free enquiry to Gourmet Sushi for further information!
Companies to Consider
Get expert franchising news delivered straight to your inbox
Franchise news, advice and new opportunities delivered weekly.
Must Read Articles
-
50 franchises with funding plans in 2024
Added one month ago | 2 min read
-
How URBAN went from hometown hero to national name
Added one day ago | 2 min read
-
Caremark tops 140 franchised locations
Added 4 days ago | 2 min read
Franchises by Minimum Investment
Find your next business opportunity
Search 100s of UK franchises and become your own boss today.
-
Under 10k
Starting a franchise doesn't have to be costly
Click here -
Under 20k
A mid-range investment for the more experienced
Click here -
Under 50k
If you have experience and more to invest
Click here -
Over 50k
If budget is not an issue, then don't miss these
Click here -
Local Franchises
Find the perfect franchise in a location to suit you
Click here
What Franchise Newsletter
Keep up to date with all the industry news