Success does leave
clues, talk about relevance; in an era when seemingly everyone wants to get
into the restaurant business, Wienerschnitzel is offering a turn-key branded
restaurant an 84-percent discount on one-time franchisee fees that’s a good
deal according to Steven Johnson,
Grocerant Guru® at Tacoma, WA based Foodservice
Solutions®.
In
an interview with Nation’s Restaurant News Wienerschnitzel said the 2019
incentive program, a first of its kind for the chain, would apply to the first
20 investors. The deal would reduce normal franchise fees from $32,000 to
$5,000. That is a great price for a
company that has been around since 1961 and proved it has staying power.
Here is the best part of the new offering Wienerschnitzel is also cutting
royalty fees from 5 percent to 1 percent for the first three years. I bet those
who take the offer will spend extra on local marketing and labor to elevate
awareness and speed of service.
Ok,
so yes there is a catch to qualify for that perk, there’s a caveat.
Wienerschnitzel said investors need to start construction of restaurants within
18 months of signing their agreement and meet other obligations. The incentive
program applies to investors who are new to the brand, as well as existing
franchisees.
Ted
Milburn, director of franchise development for Wienerschnitzel stated “the
company opened nine restaurants in 2018, and currently has 20 more on the
development calendar for 2019., the company is seeing interest “spike” in the
hot dog chain, in part, due to its low food costs.
The
325-unit company is 100 percent franchised. It expects to double stores in
development with the incentive program. The privately held company said monthly
same-store sales, on average, were up 3.7 percent from January 2018 to November
2018, compared to the prior year for the same period.
So, if
you are interested here is the link to the franchise department and tell them
you saw this on the Grocerant Guru’s blog.
“We’re using this franchisee incentive program — limited to the first 20
investors who inquire and qualify — to jump-start the New Year,” Milburn said
in a statement. “When these 20 licenses are sold, this incentive program will
end.” So, get to it if you are
interested.
Foodservice Solutions® specializes in
outsourced business development. We can help you identify, quantify and qualify
additional food retail segment opportunities or a new menu product segment and
brand and menu integration strategy. Foodservice Solutions®
of Tacoma WA is the global leader in
the Grocerant niche visit Facebook.com/Steven Johnson, www.Linkedin.com/in/grocerant/ or www.twitter.com/grocerant/
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