Sam Mustafa’s Post

I'm fascinated by the franchise space now that I'm in it. The Wolf of Franchises writes about franchises (duh) but it's more than just a franchise-specific niche newsletter - it's interesting business insights and stories. This week's insane stat.... "The average freestanding CFA does $8.2 million in annual revenue. To put that into perspective, here’s how many units of other concepts you’d need to own to hit that mark:   In order to achieve the sales of a single Chick-Fil-A restaurant, you would need to own: 4.2x Wendy's 4.5x Popeyes 6.3x Domino's 2.9x Chipotles 5.1x Taco Bells 2.2x McDonald's 5.5x Burger Kings" So when you see the drive thru line around the building, you understand the kind of money that operator is dealing with.

🚀 Exploring the Billion-Dollar World of Fast Food Franchises! 🍔🍟 Together with Rgand, we continue to report on the latest trends in the restaurant industry and food tech. Today, we're diving into the bustling $289 billion fast food franchise industry, where giants like Wingstop, Scooter’s Coffee, Jersey Mike’s, and Tropical Smoothie Cafe are reshaping the market. 1. Wingstop impresses with efficient operations and strong growth, drawing attention with celebrity franchisees like rapper Rick Ross. 2. Scooter’s Coffee stands out as America's fastest-growing quick-service franchise, offering significant growth with competitive fees. 3. Jersey Mike’s combines rigorous training and effective marketing to deliver solid returns on investment, making its franchise selection tougher than Harvard. 4. Tropical Smoothie Cafe captivates with consistent growth and a fresh tropical menu, now expanding under Blackstone's ownership. Dive deeper into these dynamic franchises and uncover the opportunities in fast food franchising: https://lnkd.in/dyzbBtaa 

New Post: These 5 Brands Are Conquering the Franchise Industry at Warp Speed. Here’s Why. - https://lnkd.in/gG398HfM - Every year, we look at the franchises that jumped the most spots on our Franchise 500. Here's what they're doing right. - Download: Stupid Simple CMS - https://lnkd.in/g4y9XFgR

Discover the secrets behind the success of large franchise chains. Learn how transparency and careful documentation can lead to limitless growth in the catering industry. 🍔🍟

Excited to announce multiple franchise resales system wide last week including Rosati's Pizza in Arizona, Marco's Pizza (Marco's Franchising, LLC) in Michigan and Hungry Howie's Pizza in Georgia. Wow! Seems like it was a big Pizza Week. Our relationships with brands like these allow them to achieve net restaurant growth. They are retaining and transferring existing units with the help of We Sell Restaurants while their development team focuses on new unit sales. If you are going to be at the International Franchise Association Superbowl of events next week in Arizona, let's talk about a resale strategy as part of your commitment to responsible franchising. There are many reasons you want to focus on this strategy including: ➡ The National Restaurant Association's 2024 State of the Industry reported that 38% of all operators say they are not profitable. As a franchisor, responsible franchising means you need to provide a way out for those who are not successful. ➡ America is aging and a "Silver Tsunami" is upon us. 10,000 Baby Boomer each DAY are turning 65 between now and 2030. If you don't have an exit plan for these boomers, they may simply shut down when the lease and franchise term are over, resulting in negative net restaurant growth. ➡ It is taking longer than ever to launch new units meaning your store counts on this year's FDD may reflect "Sold not Open" at higher counts. Don't let the total sum of your units also be negatively impacted by closures or doors that go dark. ➡ Failure rates of existing units will impact financing for new units. Do you know that We Sell Restaurants can work with the SBA to negotiate a "workout" if your franchisee is under water? ➡ Responsible franchising means a brand that is consistent with brand standards. None of us have a crystal ball and the candidate you thought was ideal at Discovery Day may not be working out. This affects the reputation of the brand and other franchisees along with the customer experience. It also impacts validation. Responsible franchising includes offering a path forward and sometimes that means working to help some owners exit. We have the tough conversations, perform free and confidential valuations and help both of you achieve a better outcome. Now that's responsible franchising! Message me to talk about your brand's resale program and I'll look forward to seeing you in Phoenix. #WeSellRestaurants #Restaurants #restaurantindustry #Franchise #ResponsibleFranchising

Exciting Franchise Opportunity: Jefferson Fry Co Revolutionizing Fast Casual Dining We recently came across an insightful interview with Emmet Moore, Founder and CEO of Jefferson Fry Co Franchise, and we’re excited to share some key takeaways with our network. You can read the interview here: https://lnkd.in/e-KcBAJG About Jefferson Fry Co: * Founded by Emmet Moore, who was born into the food industry (his parents owned a food truck!) * Innovating the fast casual space by reimagining how Americans enjoy French fries * Combining global flavors with quality burgers, hot chicken, and more What sets their franchise model apart: 1. Comprehensive training: 2 weeks of in-store training for franchisees and managers 2. Ongoing support: Including marketing, supply chain, and operational assistance 3. Hands-on guidance: Direct involvement from the founder himself Jefferson Fry Co is actively seeking dedicated leaders who are passionate about delivering excellent food and customer experiences. Their ideal franchisee embodies their culture of fun, high-energy, and guest-centric service. For those interested in the fast casual restaurant space or looking for a unique franchise opportunity, I highly recommend checking out Jefferson Fry Co's website: https://lnkd.in/e2xRT4tS As the food service industry continues to evolve, it's exciting to see innovative concepts like Jefferson Fry Co emerge. I'd love to hear your thoughts: * Have you experienced a Jefferson Fry Co restaurant? What was your impression? * What trends do you see shaping the future of fast casual dining? * For our connections in the franchise world, what factors do you consider most important when evaluating a franchise opportunity? Let's discuss in the comments below! #FranchiseOpportunity #FastCasualDining #RestaurantIndustry #Entrepreneurship #FoodInnovation

Amsterdam-based smash burger brand Fat Phill’s has signed a Franchise Agreement with the Auntie Anne’s UK Master Franchisee Freshly Baked Ltd, to develop the brand across the UK. The partnership has been co-ordinated by F&B business developer and franchise consultant Seeds Consulting. The new Agreement will involve a plan for Freshly Baked to develop 100 locations over the next 10 years. Fat Phill’s was founded by Armin Vahabian in 2019 and it has since expanded to 17 locations across the Netherlands, becoming the fastest growing burger brand in the country. Fat Phill’s Founder and Managing Director Armin Vahabian comments: “We are excited about partnering with Freshly Baked. Their track-record as a master franchisee for Auntie Anne’s speaks for itself: they are structured to roll out and have a deep understanding of our sector and the franchise relationship.” Seeds Consulting Director Matteo Frigeri adds: “Fat Phill’s is not just a great restaurant concept; it works equally well as a franchise. It has delivered a competitive ROI and growth for all its current franchise partners, most of which are opening already their second or third location.” Max Burton, Managing Director of Freshly Baked Ltd adds: “We are delighted to be partnering with Armin and his team in Holland. Initially we are focussing on opening 3 stores between 1,000 sq. ft. and 1,800 sq. ft, more likely to be in Greater London High Streets with stores being centrally located within busy conurbations. What attracted us to Fat Phill’s is the quality of their smash burgers and associated offers, their modern shop fit design and attention to detail from the Franchisor.” #franchise #foodfranchise #brand #success #burgerfranchise #FatPhills #burger #franchiseopportunities #foodandbeverageindustry

Insightful article in the Franchise Times about how Ahsan Mehmood, his sister Noor Zahid, and college friend Chandler Gottlieb founded an Acai concept, Palm Berries, and have been tackling sustainable growth. Perhaps the most important takeaway in this piece by Matthew Liedke is when Noor stated "We decided to go that route [franchising], with a focus on replicating this model and simplifying it to where anyone can run it. We didn't have business or ownership experience before this, so we figured if we can do this, we can help others own one, too." As emerging brands begin their franchising journey, simplicity/reciprocity of operations and focusing on the success of your franchisees, is crucial in ensuring the longevity and advancement of your business. Looks like the team over at Palm Berries has created a great foundation for growth, I'm excited to see where this budding business goes! #franchising #growth https://lnkd.in/gGj8HMiH

What is the Oldest Franchise that's Still Operating today? Did you know that the oldest franchise still operating today is A&W Restaurants? As a franchise consultant, I find A&W’s story particularly inspiring and a great example of enduring success in the franchise industry. Founded in 1919, A&W started as a simple roadside drink stand in Lodi, California, where Roy W. Allen served a new creamy root beer formula to returning World War I veterans. Just two years later, Allen partnered with Frank Wright, and the brand we know today was born. What makes A&W remarkable is its ability to maintain its nostalgic charm while evolving to meet modern tastes and preferences. They were pioneers of franchising, setting the stage for the business model that many successful chains use today. Here are a few reasons why A&W has stood the test of time: Strong Brand Identity: A&W’s brand is synonymous with classic American dining, evoking a sense of nostalgia with its root beer floats and all-American menu. Adaptability: While they cherish their heritage, A&W has also embraced innovation, updating their menu and services to keep up with contemporary trends and customer demands. Community Focus: A&W franchises are often locally owned and operated, fostering a strong connection with their communities. This local focus helps build customer loyalty and a personalized dining experience. A&W’s story is a testament to the power of a strong brand, community connection, and the ability to adapt and innovate. If you're considering entering the franchise world, A&W's journey offers valuable lessons on longevity and success. Have you ever visited an A&W? Share your experiences and thoughts about this iconic franchise!