Overview
The master franchisee takes on the responsibility of helping to develop and grow the franchise brand within an exclusive territory. The master franchisee buys the development rights to this territory, with the price tied to the territory population and number of units a specific territory can potentially accommodate. An additional investment will need to be made to open at least one franchise unit in the territory. The master franchisee will be the majority owner of this unit, which becomes a training center and a showcase for prospective franchisees. This unit also provides the opportunity to generate a revenue stream.
Revenue
Returns on investment are threefold. First, when a franchise is sold in their territory, the master franchisee receives a percentage of the franchise fee. Second, the master franchisee shares in the monthly royalty revenue each franchise pays the master franchisee. This monthly revenue grows as units grow. The third source of revenue is from the unit they own and can be multiple units.
Responsibilities of the Master franchisee
- Set up unit within territory.
- Facilitate sale of qualified franchisees.
- Help grow the brand within the territory.
Responsibilities of Franchisor
- Provide assistance every step of the way.
- Provide computer production program.
- Supply pertinent franchise agreement and documents
- Assist master franchisee in marketing store.
- Assist master franchisee in locating qualified franchisees.
- Assist in advertising to generate customers.
Find Out More
If becoming a master franchisee interests you, please give a call to discuss this opportunity further.
204-474-1531