Food and Drink franchising is one of the most popular franchising models around. For decades, opportunities ranging from modest sweet vending rounds to mid-scale coffee shops, larger fast food restaurants to Pubs and Bars have given franchisees the freedom and opportunity to take control of their own earnings and working life in a nurturing and supportive environment.
As the food and drink franchising sector has matured, a broad range of previously unthought-of opportunities have established themselves as viable business models. You can now purchase a mobile catering franchise, or a food retail and grocery delivery franchise, for instance.
Regardless of the franchise you’re looking at, in this sector you have to adhere to all applicable food hygiene laws, which can require training and certification. You also need to ensure that – in addition to the franchise fee – you have sufficient working capital in place. The franchisor can offer a lot of reliable guidance in these areas, but you should always try to talk to some existing franchisees who have recently set up under the same banner. They will be able to give you a clear and unbiased sense of the challenges and opportunities that you need to be aware of when you purchase your food franchise.
New to franchising? Our “What is a franchise?” guide covers the basics of what a franchise is and does.