This concept has been the “real” wealth builder in franchising, but is little known by most people looking for a franchise. If you want a higher rate of success and generate an upper 6 figure income.
MASTER FRANCHISING
The “Inside Secret” To The Franchise World
This business model is an “insider secret” to business ownership and it enables the business owner to develop a substantial enterprise within a remarkably short period time and yet has a particularly high success rate. The latest surveys have revealed that these owners experience annual incomes of $150,000 to a million or more a year. These Entrepreneurs build net worth or equity in their firms faster compared to other businesses and are often sold for $600,000 to $10,000,000 or more.
What is this Strategy?
Imagine developing a new franchise idea that explodes in your town with dozens of brand-new units opening up. Think about having control of this particular concept and acquiring royalties and franchisee fees on a consistent basis. Picture having an idea just like Subway and getting people to line up at your door to buy your product. Imagine having access to the most effective business experts to help guide you in building this business. This unique opportunity is extremely uncommon, yet there are businesses just like this everywhere if you know where to look.
The concept is called MASTER FRANCHISING. As a MASTER FRANCHISE you have all of the benefits stated earlier, but without the price of having to develop the idea from scratch. You will control the build-out of a successful franchise’s concept in a certain geographic territory. You will work with the corporate office and other MASTER FRANCHISEES to help you get the operation up and running and you will be privy to all of the latest innovations that the brand develops before others will see it or get to use it.
Being a master or regional franchisee increases your means of generating income via multiple revenue streams. With a standard franchise you are typically offering the service or product directly to the end user such as in the retail store. As a MASTER FRANCHISE, you can generate earnings through your own retailers and build out your own locations with a considerably reduced royalty as well as franchise fees. You will realize multiple revenue streams by way of:
Franchise Fees
As you sell individual franchises within your area you’ll receive a fee for doing so. Most fees are approximately $20,000 to $40,000. As you are a MASTER FRANCHISE you will keep most of those fees!
Recurring Income
The ongoing income from royalties is what makes this business model lucrative. Once you have spent the time to get other franchises up and running in your area you will collect roughly 2% to 8% of the sales volume of each franchise every month. This is what franchising is all about.
Yet Another Income Stream
Your franchise group very often will need additional services or products that will be purchased from you and this is a good source of income as well.
Real Estate
When a franchisee buys property you will likely be involved in the purchase and will receive site development fees and other related income from the real property or build-out.
A Very Esteemed Business
You will enjoy the satisfaction of managing an entire area of business. Your real function will be primarily that of a consultant helping your group of franchisees reach your target goals and theirs. You will be “linked” as the main developer of the territory even though you didn’t have to spend your own money to build-out the other locations.
Enjoy A Better Quality Of Life
As a MASTER FRANCHISE you are not working IN the business you are working ON the business. Here are a few of the benefits to this model:
Limited Customers
Your franchisees are your only customers. You will be consulting with just a small number of individual owners who might own 1 to 3 units each. No retail clients to deal with.
Limited Employees
Normally you’ll operate the MASTER FRANCHISE by yourself and then increase your personnel to include an administrative assistant, a trainer, other support staff and a franchise sales person. As the number of locations increases you will more than likely hire a general manager to over-see the whole operation giving you time to back away from the day-to-day activities. It is not uncommon for a MASTER FRANCHISE owner to work three to eight years and then semi-retire with a very nice income on a monthly basis.
Minor Amount of Office Space
It is not uncommon to start the business out of your home initially. Once you have several locations up and running you will only need a small office to manage the operations.
Equity Is Built Quicker
Once you sell several franchises and possibly open a few of your own locations, you increase the worth of your business significantly. You will have predictable cash flow from those locations and additional franchises that can still be opened. These two elements give the MASTER FRANCHISE a much higher value than your typical business. A MASTER FRANCHISE will typically see a multiple of 4 to 8 times earnings vs. 1.5 to 2.8 times earnings on a normal business. With this larger operation the business shows more stability and will sell for higher earnings than a single location.
Low overhead
Small office space, few employees and expanding only as the business increases which keeps your overhead low.
Reduced Rates When Building Out Your Own Location(s)
You will be able to build-out your own personal location(s) if you wish at a discount and as the location(s) grow it will of course increase the value of your MASTER FRANCHISE. Both your MASTER FRANCHISE and your own personal locations will be valued independently as they are separate assets.
Exclusive Territory-
You will have control over a complete area with no other franchises developing in your vicinity.
Latest Technology-
As you are part of bigger operation you will be privy to the latest technology for the business as it will come to you first and then be offered to the other locations.
No industry experience necessary-
Specific training will be taught to you at the corporate headquarters as well as on-going support.
Stability / Safety-
The “franchise” business model as a whole has a 97% success rate. MASTER FRANCHISES are even more successful. Find the right concept and you will have found the “best kept secret” in franchising.
Do you have the traits to be a successful MASTER FRANCHISOR? Here is the profile:
► 20 years experience in a corporate position or a previous business owner
► Marketing, sales, operations and management background
► “Get it done” attitude
► Likes larger operations
► Motivation to earn a high 6 figure income
► Outward personality that likes working with people
► Typically in their 40’s or beyond
► Consultative approach and a willingness to help
► At least $200,000 liquid with a net worth of $500,000 or more
MASTER FRANCHISING – the “inside secret” of the franchising world
► Multiple income streams
► Strong 6 figure incomes
► Bigger and Faster Equity building
► Better Quality of life
