All You Ever Wanted to Know about Sandwich Franchise investments
- Are You Hungry for a Great Busine
Do you want to own your own food franchsie? A Delicatessen
franchising opportunity may be what you are looking for. If you
talk about of a franchising opportunity most think of a
restaurant franchise. What can you expect, given the growth of
big-and giant food chains.
Since we all eat, the food market has grown to an enourmous size
and offers a wide variety of chance. If you are willing to work
hard to make your business successful, a sandwich franchise can
be fast-by providing a speedy startup, a name that is often
known by the public and a a business plan that works.
Is a sandwich franchise really the best type of franchise for
me? Long commutes and two income families mean more meals eaten
outside the home, with busy Americans not being able to eat at
home and having to get their meals elsewhere so much that they
forget what the dinner table at home looks like. According the
Washington Post, the sandwich and deli businesses in America
rang up $105 billion in sales in 2003. Food items are now known
as one of the fastest growing food franchises, with sales of
quick serve sandwich stands making large amounts of money every
single year.
The story is that the sandwich was thought up in Great Britian:
By Earl Montagu, who happened to be the Earl of Sandwich, almost
250 years ago. As sure as apple pie, sandwiches are one of the
undisputed leaders in the food industry. The Sandwich is a fast
and easy meal to prepare and eat, and even though we didn't
invent it, America loves a sandwich. The National Wheat
Foundation sponsored research that concluded that we can't stop
eating them and enjoy them so much that we eat around two
hundred sandwiches each year. Fresh and affordable, and much
better for the body than fast food, sandwiches offer something
that everyone can be happy with. Sandwiches give the sandwich
business owner a chance to make a product that can be produced
quickly and efficiently, menus easily adapted to changing
tastes, and easy to move around for profitable delivery and
catering operations.
Particularly for first-time owner of a business, a business
franchise makes owning a business a less daunting task.
Franchisors are people that understand how to create and run a
successful business, and how to operate lean and efficiently.
The franchisor offers all the ingredients and know-how. The
franchisee provides the person on the line, great customer
service and a desire to succeed. One thing that you will get is
lots of help and support from your franchise company on many
levels. Placing your store in a spot with lots of consumer
travel, for instance, is is important if you want to own a
successful business. Franchise opportunities help in finding a
site. Franchisors also help you with building permits and
additional place-connected issues. When the site is being
constructed, the franchisor can help with plans, legal aspects
that may arise and pre-approved suppliers for equipment, signs
and furniture. The franchisor should provide the franchisee with
one-stop shopping for all food items, paper, supplies for
cleaning-everything you need for daily operations. Opening
manuals specify pre-opening functions for for franchise business
processes. Operations books set specific standards for how to
deal with the customer and how to run service aspects of the
business. Management step by ttep training teaches needed skills
and the management of employess. After your sandwich franchise
is sellling to customers, frequent visits from the franchise
company offer customer service skills, sales training and useful
advice and assistance in the advertising and marketing area.
Marketing campaigns can include local radio advertising,
in-store free giveaways, newspaper ads and new product
promotions.
What kind of sandwich business is going to be the one that makes
your dream of business ownership a reality? Some recent research
and study has concluded, what most prefer has widened beyond
traditional meals consisting of drive thru fast food and high
end, trendy sandwich oriented chains have been have grown at
percentages of more than expected. The sandwich has gone
upscale. Another section, the quick service restaurant, has
recently arrived as a niche between traditional fast food and
casual dining.
To research sandwich franchise choices, a walk around your local
mall and a drive through suburbia will show you miles of area
committed to food franchises and an ever increasing number of
sub shops, baked good restaurants and sandwich restaurants that
cross ethnic boundaries with options like falafels.
Then how much money does a franchise sandwich shop require? An
existing franchise normally cost several times the yearly
earnings. Starting a franchise is often less expensive. And if
you are low on time and want to own your own franchise soon, you
save there, too: some franchise experts belive in a good
internship in the area of the business you are interested in
prior to making the final leap into franchise ownership.
Starting a franchise places you in charge of your own business
at once. When you have help from support group of professionals,
your chances of winning the business game are increased.
To increase your chance of success, higher and faster sales
growth, and the business plan itself, you'll pay an initial fee
that's usually under 30K, and then a royalty charge that is
often a percentage of the sales for use of a name and a way of
doing business. Another sum of money will be needed for building
lease fees and deposits, preparation of the property for your
sandwich franchise, equipment, the opening food stuffs, initial
advertising, and signs. To pay for everything, you can get
financing available through outside providers, SBA loan
programs. The Small Business Administration have dealt with real
estate and equipment needs of food franchise procedures, and
enjoy working with high earning franchise businesses.
Just because sandwich franchises usually do very well there are
some challenges and issues to face. While the sandwich industry
may appear to be an easy business to get into, the reality is
not simple. The largest issue is getting good workers. Many food
franchises demand the work of low-paid employees, and these type
of employees often quit without notice and do substandard work.
An additional obstacle is low incoming cash from profits. A
franchise owner has both labor and cost of goods to deal with in
a business that's sensitive to price changes. The net income of
the majority food franchise opportunities are not as high as
some businesses. You'll also have to deal with employee theft
and food going bad.
Creating a workable business at night can be a big challenge,
too. Although you may create a large lunch crowd, the trouble is
developing hungry clients during the non lunch and night hours.
And finally, the process of running a restaurant needs a good
deal of processing of food stuffs, and that means that there is
an constant worry about the food prep area.
After reading all of this do you still think a sandwich
franchise is for you? Owning your own franchise is a
life-altering prospect, but a sandwich franchise has so many
rewarding parts to it. Unlike many other food business,
sandwiches are fast and easy to prepare, making a sandwich
restaurant a good bet for those without restaurant experience.
Computerized inventory machines record inventory, employee
costs, and product purchases. And because much of the food comes
already made, many sandwich business franchise doesn't call for
a lot of money for frying equipment.
While you may not have to know how to cook, there are still
things that go into the final decision to purchase a sandwich
franchise business. You have to to present financial capability
to run a franchise opportunity. You need business experience and
know how, a and business sense of success, and an
entrepreneurial spirit. Good interpersonal skills and worker
management relation skills matter, too.
Odd factors like these are difficult to assess. What are the
ways to find out if you have these skills? The best way, and the
process that is sometimes called upon by some food franchisors,
is to intern or work for a sandwich franchise till you've got
some solid sandwich franchise experience to know for sure-for
some time. Better to know before hand-before laying down a giant
financial investment-if a sandwich franchise is best for you.
Are you the perfect person to make the business successful? If
so, a sandwich franchise can make all your dreams of business
ownership come true. You can get into the sandwich business
without being by yourself, with low cost for entry, a short time
before you become successful, and uninterrupted help with the
marketing and sales side of the business. With hard work and
some business ability, a entreprenuer can become a significant
part of the franchise community, employ local people in a
healthy working environment, and make money while doing it.