Becoming a franchisee
Mainstream retailers may be struggling to make ends meet, but alterations chain LookSmart Alterations is one of a number of franchises cashing in as consumers become increasingly frugal.
A Subway franchisee is in hot water for allegedly underpaying 11 staff by more than $50,000, with an industry expert warning that franchisors should ensure their franchisees receive proper legal information.
Stationery brand Kikki.K will franchise up to 10 of its Australian stores as it eyes off further expansion in the Asian market, but insists there are no prerequisites for franchisees.
The Cheesecake Shop says its avoidance of major shopping centres is enabling it to improve rental agreements for franchisees, who typically operate in regional areas or on suburban strips.
Canadian coffee chain Esquires Coffee House is expanding into Australia following an entry to the New Zealand market, spearheaded by a high-tech store concept.
Prospective franchisees could be set for a rise in smaller retail units, after hairdressing franchise chain Just Cuts unveiled a kiosk concept at a Melbourne shopping centre.
A franchisee couple has been awarded $1.22 million in damages after a successful appeal against franchisor Billy Baxter’s, prompting an expert to highlight the importance of site selection.
Courier delivery franchise Fastway Couriers is looking to ramp up its recruitment efforts by targeting retrenched workers in the transport industry.
A franchising expert has issued a warning to prospective franchisees about exclusivity rights, after a former Jim’s Cleaning franchisee claimed he lost exclusivity in his assigned territory.
Australian franchise Hairhouse Warehouse has set its sights on a number of overseas markets as part of its next growth phase, including Asia, the United States and the Middle East.
Prospective franchisees looking to join the Jim’s Group network could receive start-up loans as part of the company’s growth strategy, with founder Jim Penman seeking a pre-IPO backer.
Australian franchise Crust Gourmet Pizza Bars will open its first store in the United States next month as part of an expansion strategy that encapsulates Asia, New Zealand and the Middle East.
The 25-year-old founder of mini motocross franchise Braaap has outlined an ambitious plan to open 50 new retail outlets in the next five years.
Mobile food franchise Tasty Trucks plans to invest $2 million into the business this year and increase its fleet of vans, following the acquisition of Newcastle-based business Lunch Express.
Prospective franchisees were spoilt for choice at the Franchising and Business Opportunities Expo, recently held in Sydney, which highlighted several key trends in the franchising sector.
Baskin-Robbins’ Australian operation says it is on track for a revival under Dunkin’ Brands, after a new training centre was opened in Brisbane.
Tool franchise Snap-on Tools Australia has established a private funding offering in a bid to attract franchisees, effectively cutting out traditional lenders.
Ice cream brand Ben & Jerry’s has aimed to reverse the trend of failed US franchises in Australia, with plans to open up to 30 “scoop shops”.
It’s imperative you engage with a number of existing franchisees before you become one yourself.
Retail Food Group’s $30 million acquisition of Pizza Capers will “supercharge” the growth and operations of Pizza Capers’ franchisees, co-founder Anthony Russo says.