May 14, 2022
Hey Franchise Friends!
Want to know how the franchise market is moving?
Empower your franchise search with The Franchise Insiders Newsletter and Podcast.
THIS WEEK: Learn about Chick-fil-A, Blingle!, BFT, Homewatch CareGivers.
If you are interested in exploring any of these brands yourself, please click on their respective links below to get more details or even speak to us personally about where these franchises belong in your portfolio.
Jack and Jill Johnson
The Franchise Insiders
Two Decades Of Franchise Experience!
Chick-fil-A refers to its franchisees as "operators," and becoming one isn't simple. Chick-fil-A has an acceptance rate of less than 1% among franchisees, comparable to Harvard and Stanford—in fact, it's lower.
A Chick-fil-A franchise fee costs almost $10,000. You pay all lease and labor costs out of pocket, along with 15% royalty.
Two reasons Chick-fil-A is an attractive opportunity are their loyal customer base and the revenue this loyalty generates.
Chick-fil-A pros
Alongside their devoted customers and revenue potential, Chick-fil-A offers many benefits, including:
Through their multi-week training program and development courses, they provide extensive franchisee support.
They have a significantly lower franchise fee than their competitors.
The franchisor covers the bulk of startup expenditures, such as real estate and construction.
You're supplied with all of the equipment you'll need as a franchisor.
No prior restaurant experience is necessary
Closed on Sundays to encourage a good work-life balance
Chick-fil-A cons
While this franchise has many advantages that stand out, there are some cons to consider.
Franchisor selects all restaurant sites. You cannot choose or suggest your own location.
There are no multi-unit possibilities available.
Chick-fil-A owns all property and real estate. (You cannot sell your restaurant or pass down to the next generation).
There have been several negative news reports about their charity giving.
Rather of being a business owner, you may feel more like an employee/manager than a company owner. You are buying a job!
You must be a hands-on operator—making it a poor fit for the passive investor.
Chick-fil-A must be your full-time commitment; you cannot be pursuing other business ventures at the same time.
How much does a Chick-fil-A franchise cost?
After you've read about Chick-fil-A's benefits and drawbacks, the next question on your mind is likely: How much does a Chick-fil-A franchise cost? The initial franchise fee for Chick-fil-A is only $10,000, which is far less than what their competitors charge:
Chick-fil-A: $10,000
McDonald’s: $45,000
Taco Bell: $45,000
Chipotle: $20,000
Dunkin’: $40,000
Wendy’s: $40,000
As you can see, Chick-fil-A's franchise fee is less than half of what its closest competitor charges.
Opening a Chick-fil-A franchise costs between $342,990 and $1,982,225, including a $10,000 franchise fee. Unlike most other franchisors, Chick-fil-A covers all opening expenses, meaning franchisees are on the hook only for that $10,000. That makes Chick-fil-A one of the least expensive major fast-food chains to buy into, by a long shot. Additionally, Chick-fil-A has no requirements for minimum net worth or liquid assets.
However, Chick-fil-A charges a 15% royalty and takes 50% of all profits for franchisees, which is by far the steepest structure of any quick-service brand.
Because Chick-fil-A covers all expenses involved in building and opening a restaurant, the franchisor also owns the real estate, building, equipment, and virtually everything else in the store; the franchisee simply operates the business.
Overall, Chick-fil-A's unorthodox strategy has paid off. Chick-fil-A makes more money per store than McDonald's, Burger King, or Wendy's, and doesn't even open on Sundays. The average Chick-fil-A unit made around $4,090,900 in 2017.
Franchise Fee:$10,000
Royalties: 15%
Total Investment: $342,990
Home Based: No
Absentee ownership available: No
Click here for more information
Blingle! is lighting up the US and having fun while we do it!
Blingle! Franchisees will be the premier lighting experts in their area.
Blingle! will be focused on all areas of lighting, including Landscape, Holiday, Patio, Permanent & Event Lighting! Our Item 19 Shows a robust Gross Revenue in Holiday Lighting alone, allowing us to understand just one of the MANY possibilities that exist in the Lighting Industry.
Our Item 19 Shows 195 Non-Serviceable Leads, which illustrates the demand that exists in the Lighting Industry that is often untapped and unmet. We will be coming in as the FIRST National Competitor in the Lighting Industry. With 9 Franchisees Signed & Onboarding in the first 2 Months of Development, we are excited to see where Blingle! is headed in 2022!
Top Selling Points:
No National Competitor in the Lighting Industry
Unsophisticated Competition – Mom & Pop Businesses that often run out of inventory or can’t do the job in a timely manner
Franchisor Managing Supply Chain with a Whole Sale Distribution Acquisition to ensure Franchisees always have access to the highest quality lights for their Customers
Blue Ocean for Digital Advertising coming in at one of the lowest Cost per Leads / Cost per Clicks in the Service Based Industry to-date!
Premier Training with Mike Marlow, Lighting extraordinaire with 30+ years of experience in the lighting industry.
Aggressive SEO & Digital Advertising done by Franchise Rocket to drive Lead Generation
High Customer Retention: 92%
Best in class financing platform (for permanent lighting, specialty event – weddings, etc.)
National Call Center with Virtual Designers staffed to design lighting packages, quote the job, and take payment over the phone on behalf of the Franchisee.
High Quality Video Production for the Franchisee by Chamber Media
Social Media Influencer Marketing to drive Lead Generation
WHY Blingle!?
Blue Ocean for Digital Advertising coming in at one of the lowest Cost per Leads / Cost per Clicks in the Service Based Industry to-date!
Extreme amounts of support (privately funded by ownership over $100MM)
No National Competitor in the Lighting Industry
Franchise Fee:$59,500
Royalties: 8.5%
Total Investment: $323,000
Home Based: No
Absentee ownership available: Yes
We get you a $5,000 CASH BACK rebate on this franchise.
Click Here for more information
BFT offers a community-based 50-minute functional training and strength-based program across 13 workouts.
BFT uses science and technology based training techniques to drive individual member health goals in an inclusive, coach-led group environment.
By combining cardio with resistance programs, members benefit from training a different energy system and different muscle types every day to diversify movement patterns that aim to reduce fat and create lean muscle.
What makes BFT a great franchise to own and operate?
Now part of the Xponential Fitness Family of Brands, BFT will leverage an educated market with existing awareness and demand in markets nationwide and provide a business opportunity for entrepreneurs to enjoy an outstanding margin business that is ultra-simple to operate.
BFT is an extremely Unique and Unmatched User Experience and Vibe!
As an Executive Model, you can effectively hire someone to Manage the Studio and spend your time developing your other interests. Plus, no need for specialized licensed employees, we take certified personal training instructors through our BFT & Xponential training system. BFT instructors incorporate scientifically proven training techniques aimed at reducing fat and creating lean muscle. The program and training techniques can be easily taught to personal trainers. The personal trainer labor pool is therefore vast, where even spin, yoga, Pilates, HIIT, etc. instructors, or personal trainers, can supplement income with us and easily become BFT instructors because they already understand kinesiology, anatomy, etc. and can be taught terminology quickly.
Business Model:
The Experience - At BFT, we use science and technology to drive positive outcomes – at all fitness levels. We’ve incorporated scientifically proven training techniques aimed at reducing fat and creating lean muscle into a variety of 50 minute training sessions that are overseen by highly accredited coaches in a dynamic group environment.
As with ALL of our Brands, BFT brings an unparalleled experience to the market that is not your traditional transactional workout. At Xpo we build Experiential Brands! People are looking for that FUN Factor in a boutique environment today.
WHY BFT?
Now part of the Xponential Fitness Family of Brands, BFT will leverage an educated market with existing awareness and demand in markets nationwide and provide a bus
FPRs show Average Unit Rev $1,040,875 with a 43% EBIDTA!
BFT concept born in 2017, has over 150 studios operating today
Franchise Fee:$60,000
Royalties: 7%
Total Investment: $362,700
Home Based: No
Absentee ownership available: No
We get you a $10,000 CASH BACK rebate on this franchise.
Click here for more information
Homewatch CareGivers franchise locations provide home care and personal assistance to individuals who are aging, disabled or rehabilitating, which allows clients to remain living independently at home. Through training and ongoing support from our team, each Homewatch CareGivers franchisee is equipped to deliver the exceptional care and proprietary programs that provide peace of mind to clients and their loved ones.
Homewatch CareGivers new FDD shows over $2 million average gross revenue per franchisee.
Why Homewatch CareGivers
Proven franchise model – Since 1980
Unique, person-directed approach to care
Proprietary online business management system “Care+” with functionality that supports care approach
Technology to measure and track outcomes of care (important to health care providers/referral sources)
Professionally developed online University for training caregivers, staff and families
Strategic “Care to Stay” initiative that focuses on caregiver hiring and retention
Client acquisition model – unique to Homewatch CareGivers and proven, yet customizable
Multiple service levels - from companion and personal care to nursing services (*as allowed by state license)
Franchise Fee:$49,500
Royalties: 5%
Total Investment: $91,435
Home Based: No
Absentee ownership available: No
We get you a $10,000 CASH BACK rebate on this franchise.
Click here for more information
If you are interested in exploring any of these brands yourself, please click on their respective links to see if your territory is still available and learn how much you can save... only with The Franchise Insiders!
GET $2,000 - $10,000 CASH BACK ON MOST TOP FRANCHISE BRANDS - ONLY WITH THE FRANCHISE INSIDERS!
