Food aficionados who want to buy a business but don’t want to deal with hassle that comes with starting their own restaurant might want to consider the franchise opportunities presented by Burger King, one of the most well-known fast–food joints in the world.
The numbers are impressive: Burger King currently has about 11,300 restaurants operating in 50 states in the United States and also has restaurants in 69 other countries. The company’s franchises for sale are apparently selling like hotcakes, because 90 percent of the company’s restaurants are owned and managed by independent franchisees.
Burger King has recognized the tremendous role its franchises have played in the company’s continuing growth spurt. The company continues to come up with franchise opportunities all over the globe for individuals who want to buy a business, specifically a Burger King business.
Adding to the company’s quest to extend their appeal to an even wider customer base, Burger King continues to add to its already extensive menu. This is proof that although there is no other way for the company’s franchises for sale to go but up, Burger King does not want to take any chances.
To set up a Burger King franchise, franchise candidates need to shell out $50,000 in franchise fees. The whole investment could total to $300,000, an amount that is much more affordable than other franchises in the same class. Initial training, which places emphasis on managerial and technical capabilities, runs for more than 70 days. Courses will be added later on as seen fit. Only individuals that have experience in food service and general knowledge in business management are permitted to buy a business from Burger King.
Franchise opportunities are terrific in Burger King. Exclusivity is nonexistent in the company’s franchise environment, and those who have bought the franchises for sale report that the staff are friendly and courteous.
Another thing in Burger King’s favor is that the company gets only 4.5 percent of royalties from sales, a far cry from the 6 percent most companies get from royalties. Although hailed as a super chain, because of its easy-on-the-pocket fees, anybody can go ahead and buy a business from the company. Franchise opportunities are indeed fantastic for Burger King. The company even has special incentive programs for ongoing support.
The search for the perfect franchises for sale comes to an end with Burger King. The company has been franchising since 1961, and the way things are currently going says a lot about the company. Burger King sure knows how to treat their franchisees like a king.