2 ms·
I work in the QSR space, which are mostly franchised stores (there are some company-owned stores) that are franchised/leased by someone (or sometimes a partners
by brodouevencode 2y ago
I work in the QSR space, which are mostly franchised stores (there are some company-owned stores) that are franchised/leased by someone (or sometimes a partnership).
They are all pretty much the same: you buy into the franchise agreement for some amount of money and you supply some percentage of the assets and the company supplies the rest. Whatever that is or however it's broken up is determined by the franchise agreement. They all look pretty cookie-cutter, except for Chick-fil-A's.
As far as I can tell Chick-fil-A is doing that the best and no one is doing it like them. Their franchisee agreement is vastly different than anything I've seen - they treat it more like a partnership rather than someone/some group buying the rights from a company. I'm very surprised other companies haven't taken on this model.