A&W Restaurants Franchise Info
If you want to start a business which is in the food industry but you do not want to start a business of your own because you are afraid of the risks, you should definitely purchase a franchise such as A&W Restaurants franchise.
Here are the things that you need to consider in purchasing an A&W Restaurants franchise.
When it comes to purchasing a franchise, it is important that you know the history of the franchise company where you want to be a part of. In this case, you should know more about the history of A&W Restaurants and how the franchise company was formed.
It was in the year 1919 when Roy W. Allen started his very own beverage stand in California. After three years, Roy W. Allen and Frank Wright joined forces and formed the A&W Root Beer Corporation. The company did not only focus on selling root beers, instead they also incorporated other popular products that will jive with their main product (which is root beer) such as hamburgers, hot dogs, and French fries. Due to this reason, there are now A&W Restaurants all over the world.
Now that you know a little background about the franchise company, it is now time to take care of the financial factors such as the franchising fee and the total investment needed to open a single unit of A&W Restaurant franchise.
If you are planning to purchase a franchise of A&W Restaurant, you need to take note that there is a franchising fee which is around $20,000 up to $30,000. The total amount of money that you need to invest in opening a franchise ranges from $1.1M up to $1.7M. There is also a royalty fee of 5 to 6% and the term of agreement is good for 20 years.
You might be wondering on why is there a need for royalty fee or simple “why is there royalty fee?” Actually, the franchise company has spent a lot of money and effort in developing a good marketing plan. With this, it is only right that the franchise company should get something in return because you are actually using the marketing plan that they have developed. Marketing plans are not just plans that are made up of simple researches. Intensive researches, huge amount of money, and efforts are needed in order to come up with an effective business marketing plan.
Do not worry everything that you need to know in order to run the business will be provided to you by the franchise company by conducting seminars and trainings. As a matter of fact, all franchisees need to undergo training first before they are allowed to open their franchises. This is to ensure that they have the necessary knowledge in order to operate the business successfully.
A&W Restaurants is actually a family franchise of KFC, Long John Silver’s, Pizza Hut, and Taco Bell.
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