Curious if anyone has experience setting up a franchise business (as the franchisor). I own a small chain of quick serve restaurants - the operations are as simple as you could imagine, the startup costs are very low, and there are a lot of tailwinds in my vertical.
I think the concept really resonates with urban/suburban women aged###-###-#### These are pretty small-scale stores that generate around $400K in revenue and $50K in profit, plus whatever labor the owner decides to handle themselves. So potentially $75K+ of owner's income while working part-time.
I'm probably a couple years away from testing out a franchise concept, but I'm wondering what sort of stuff I should be considering now in order to set myself up well down the line.
Converting a small restaurant chain to a franchise model
by a searcher from Tufts University
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