Fast Food Franchises in NZ
Fast food franchises are one of the best-known types of franchise. The most famous is McDonald’s, but did you know Subway is even bigger? Both are available in New Zealand, although some of the other big international names such as Wendy’s, Burger King and KFC don’t sell franchises here. There is still plenty of choice available, though, including some home-grown brands such as Burger Fuel, Burger Wisconsin and LJS. And fast food franchises are increasingly promoting healthy eating options rather than the traditional fatty food. But the food business is changing - here are some of the latest trends.
This means that when you’re looking for a fast food franchise, it’s important to do more than ask ‘How much does it cost?’ and ‘What experience do I need? Do your research – we recommend putting in an hour of research for every $1000 that you plan to invest. Apart from talking to the franchisor and asking them lots of questions, it’s also a good idea to talk to franchisees who are already running the business to get all the information you need before you open your own business.
While there are many good fast food franchise opportunities for sale, they are all different. Before making your decision, you should consult a lawyer specialising in franchises. You’ll also want to know how much you can make from a fast food business so consult a financial advisor or accountant experienced in franchising. If you need finance, there are a number of banks which specialise in financing fast food franchises - read more about funding a food business here.
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