Do you have a growing hospitality business that has made a name for itself in the local community? Thinking of opening a second location but not sure you have the time to manage it? Consider franchising your brand and work with aspiring entrepreneurs who can follow your recipe for success. By Dawn Abbamondi
Franchising brings foodies together – from founders and franchise owners to customers
Food and Drink Franchisors
Do you have a growing hospitality business that has made a name for itself in the local community? Thinking of opening a second location but not sure you have the time to manage it? Consider franchising your brand and work with aspiring entrepreneurs who can follow your recipe for success.
Your concept, culture and creativity should be shared! With the help of new franchise owners, you can grow and expand far beyond your home area. Lead them to achieve the results you have earned through your leadership, training, mentoring and guidance.
Your loyal customers and fans are raving about you on social media, taking snaps of their favs and asking you: “Are you a franchise?” Now, you can tell them, wholeheartedly and excitedly, “Yes!” As a franchisor you can handpick your franchise owners to uphold your brand reputation and expand into new towns regionally or nationwide – no limits on geography when you leverage franchising to grow.
Hospitality, in particular the food and beverage industries are growing. Franchising can help you become a part of this billion-dollar market (*QSR alone is $276 billion in annual revenues) and now is a great time to franchise your brand to move into new communities.
Future Foodie Franchisees
Everyone loves to eat and drink. Join the latest hot, emerging concepts to hit the market; it is the perfect opportunity for your small business.
As a local business owner, you become a leader in your area, hiring hard-working people and contributing to the economy in a big way.
Consider the many options out there, many showcased in this issue of FDM!
- Breakfast and lunch cafes
- Acai bowl and smoothie shops
- Cocktail and entertainment lounges
- Alcohol-infused ice cream parlors
- Fast-casual and full-service restaurants
- A new twist for an ethnic eatery
- Coffee, tea and espresso bars
Many of these concepts are quick to get started, can be lower in cost if second generation space is available and you lean on the support of your franchise team. Choose a franchise brand to limit your startup risk, while knowing the ins and outs of the operation starting “Day One” in your grand opening.
Look for a brand you admire, a founder you respect, something you enjoy to eat or drink and most of all a menu and offering that will fill a void in the market near and around where you live.
The hard part will be picking a favorite. There are so many options on the menu!
Dawn Abbamondi
* Statista November 18, 2022 QSR comprises over $276 billion in U.S. economic output
Dawn Abbamondi, vice president of marketing and brand development at SMB Franchise Advisors, has over 20 years of extensive franchising experience in the coffee, food, convenience, gift and floral industries. Abbamondi leads the areas of marketing, social media, public relations, web development and lead generation. SMBFranchising.com, 215-370-7998, Dawn@SMBFranchising.com