What type of entity would provide equity funding for an Australian Hooters Restaurant Franchise?
30+ stores are going to opened throught Australia and New Zealand. Looking to raise $6-7MM.
No one in the institutional universe would be interested in less than a $10M transaction. You need to find a small group of wealthy individual investors (or, better yet, one individual who would fund the entire amount).
Alternatively, you can look at small business financing options available in Australia and New Zealand.
Anyone know a (US) nation-wide franchise restaurant that gives you a birthday meal free?
I know Ryans Steakhouse does if you join the birthday club online.
Denny’s does or at least used to.
Famous Dave’s does if your name is Dave.
does anyone know if a sonic restaurant franchise will be put in west palm beach?
I used to eat it all the time back in my home town and then I moved to Florida and there are no Sonics to be found below Orlando. Just one of the many things that SUCK about south florida!
not sure,,check there website for info,,
Where can I get information on opening a Nifty Fifties Franchise Restaurant?
Contact them at:
General Questions and Comments: comments@niftyfiftys.com
To contact us about a Party: Call 610.544.2727 ext.1
http://www.franchisenewsblog.info/ What Franchise/ Restaurant Food Chain Has the BEST Nachos?
I’m really craving some nachos and fried onion rings and want to know which chains have the best ones (in your opinion). Please do NOT say Taco Bell (just awful tastes like their sour cream is microwaved *blech).
Chile’s are good
Applebees
Ruby Tuesday
Hooters are ok
Are there any very successful restaurant franchise owners who are happy? Any Brand names you could mention?
I am looking into running one
TGIF, Olive Garden are 2.
Hi, where could i get information about getting an international franchise for a white castle restaurant?
Hi, where could i get information about getting an international franchise for a white castle restaurant?
I have tried their website , but they just mention that they dont have franchises in the U.S. , but they dont say how to contact them to open a franchise out of the U.S., Thanks any info would be helpful.
Their website sort of implies that they only operate in the US. They mention exporting products to Mexico but don’t mention having restaurants there. It looks like they’re just in 11 states, so if they haven’t spread out more than that, are very possibly not interested in going international.
Key Steps to Owning a Restaurant Franchise
For people considering buying a restaurant franchise there are a wide range of opportunities. The key steps towards owning a food franchise are as follows.
Evaluation
Before taking any other steps towards buying a food franchise it will be useful for you to first evaluate your skills and interests. You should ask yourself what it is that interests you about owning a food franchise and decide what type of restaurant you would like to manage. It is beneficial to consider your existing skills and judge how they will fit best in the available franchising opportunities. While running a restaurant franchise does have many advantages it can involve a lot of hard work and may not be suitable for everybody. At this stage it is also useful to look at your financial situation and set a budget for how much you can afford to invest.
Investigate Franchise Opportunities
In the UK there is a huge range of food franchises available to buy. Well known examples of restaurant franchises include wok2go, subway and perfect pizza. Having assessed your skills, interests and finances it should be possible to narrow down this choice into a selection of franchises that are suitable for you. With the choice narrowed down you should conduct more in depth research into each franchise.
Market Research
Having narrowed down the choice of franchises the next stage is to carry out some research in to the levels of demand for the franchise’s products and so likely profits. There are a number of things to consider here including location and amount of competition. It may be that a franchise’s products will be very popular in some locations but not so popular in other places. Also if there is a lot of competition in a particular area then it is likely that profits will be affected. Other factors to consider is demand for the product in the long term and if sales are seasonal or if demand will be constant throughout the year.
Secure Finance and Invest
Most franchises will require their franchisees to make quite a substantial initial investment and it is likely that many people buying a franchise will need to take out some kind of loan. Fortunately money lenders tend to view franchises quite favourable so obtaining finance may be easier than would be the case if starting another type of new business. Some franchisors will offer their own in-house financing. With the finance secured you are free to invest in your chosen franchise.
Attend Training and Set Up Business
Having made your investment the final step is to get your restaurant ready for business. Things you will need to do here include hiring staff, buying supplies and setting up your location. Many franchises offer training as part of the investment and so for many franchisees the first step after buying their franchise is to attend a training course. Typically this course will be designed to teach the franchisee everything they need to know to run the business successfully.
Rich Bendall
http://www.articlesbase.com/business-opportunities-articles/key-steps-to-owning-a-restaurant-franchise-627693.html
Tasty Thai Restaurants – Channel 11
Interview with the Thai Quickservice restaurant franchise company Tasty Thai International’s CEO Graham Brain on Thailand’s Channel 11 on 15 February 2008.
Duration : 0:2:58