Start-Up Costs and Fees |
||
| Wendy's Milk Bar | Smoothie Factory | |
| Investment | 100000 - 210000 | 141500 - 424500 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | ||
| Year Founded | 1979 | 1996 |
| Year Franchised | 0 | 1997 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Wendy's Milk Bar | Smoothie Factory | |
| Experience | Wendys franchisees take a hands-on approach to their business yet they understand the importance of following procedure and working within the Wendys system. Our franchisees are friendly, outgoing and determined to succeed. They love making other people happy and they are always positive and enthusiastic. Our franchisees understand the importance of customer service and building strong community relations. They are strong team leaders and they relate well to their staff. In fact, we often talk about our franchisees as having pink blood they live and breathe the Wendys brand; the outcome of which is almost always reflected in their success. If this sounds like you, then you're already well on your way to meeting the needs of becoming a Wendys franchisee. | * A 620 or higher credit score * Investment capital equal to 30% of the purchase price * $10-$15K of working capital |
Financing Options |
||
| Wendy's Milk Bar | Smoothie Factory | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Wendy's Milk Bar | Smoothie Factory | |
| Training | When you join the Wendys franchise, your first step will be to take part in our franchisee training program where you'll learn about the Wendys philosophy and business approach as well as how to operate your store. The training program includes: *Three weeks of in-store training with an accredited trainer (before your store opens its doors) *One week at our National Support Office where you'll learn about the retail and management skills which underpin Wendys success We also provide ongoing assistance with staff recruitment programs and staff training, including customer service training and other management service programs. | |
| Support | Wendys Private Website is a key resource for our franchise family. It contains a wealth of information and tools designed to make your life easier. In addition to our confidential Product, Operational and Local Area Marketing manuals, the site contains valuable business tools such as Wendys business planning and promotional plans. It also incorporates important news, promotional briefs and links to order merchandise, posters and vouchers online. As a franchisee, you'll be given your own Wendys email address, enabling you to contact head office and to keep in touch with other franchisees. | |
| Marketing | As a national network, we have developed a strong brand position in an increasingly cluttered and competitive environment. Keeping Wendys at the forefront of customer minds is an essential part of our success. To do this, we work with leading advertising and communications agencies to implement compelling advertising and marketing campaigns all designed to achieve excellent cut-through within our key target demographics. | |
| Operations | ||
Expansion Plans |
||
| Wendy's Milk Bar | Smoothie Factory | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion | Australia, New Zealand |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Wendy's Milk Bar | |
| Smoothie Factory | |
| Franchise Fee | |
| Wendy's Milk Bar | |
| Smoothie Factory | |
| Royalty Fee | |
| Wendy's Milk Bar | |
| Smoothie Factory | 5% |
| Advertising Fee | |
| Wendy's Milk Bar | |
| Smoothie Factory | |
| Year Founded | |
| Wendy's Milk Bar | 1979 |
| Smoothie Factory | 1996 |
| Year Franchised | |
| Wendy's Milk Bar | 0 |
| Smoothie Factory | 1997 |
| Term Of Agreement | |
| Wendy's Milk Bar | |
| Smoothie Factory | |
| Renewal Fee | |
| Wendy's Milk Bar | |
| Smoothie Factory | |
Business Experience Requirements |
|
| Experience | |
| Wendy's Milk Bar | Wendys franchisees take a hands-on approach to their business yet they understand the importance of following procedure and working within the Wendys system. Our franchisees are friendly, outgoing and determined to succeed. They love making other people happy and they are always positive and enthusiastic. Our franchisees understand the importance of customer service and building strong community relations. They are strong team leaders and they relate well to their staff. In fact, we often talk about our franchisees as having pink blood they live and breathe the Wendys brand; the outcome of which is almost always reflected in their success. If this sounds like you, then you're already well on your way to meeting the needs of becoming a Wendys franchisee. |
| Smoothie Factory | * A 620 or higher credit score * Investment capital equal to 30% of the purchase price * $10-$15K of working capital |
Financing Options |
|
| Franchise Fees | |
| Wendy's Milk Bar | |
| Smoothie Factory | |
| Start-up Costs | |
| Wendy's Milk Bar | |
| Smoothie Factory | |
| Equipment | |
| Wendy's Milk Bar} | |
| Smoothie Factory | |
| Inventory | |
| Wendy's Milk Bar | |
| Smoothie Factory | |
| Receivables | |
| Wendy's Milk Bar | |
| Smoothie Factory | |
| Payroll | |
| Wendy's Milk Bar | |
| Smoothie Factory | |
Training & Support |
|
| Training | |
| Wendy's Milk Bar | When you join the Wendys franchise, your first step will be to take part in our franchisee training program where you'll learn about the Wendys philosophy and business approach as well as how to operate your store. The training program includes: *Three weeks of in-store training with an accredited trainer (before your store opens its doors) *One week at our National Support Office where you'll learn about the retail and management skills which underpin Wendys success We also provide ongoing assistance with staff recruitment programs and staff training, including customer service training and other management service programs. |
| Smoothie Factory | |
| Support | |
| Wendy's Milk Bar | Wendys Private Website is a key resource for our franchise family. It contains a wealth of information and tools designed to make your life easier. In addition to our confidential Product, Operational and Local Area Marketing manuals, the site contains valuable business tools such as Wendys business planning and promotional plans. It also incorporates important news, promotional briefs and links to order merchandise, posters and vouchers online. As a franchisee, you'll be given your own Wendys email address, enabling you to contact head office and to keep in touch with other franchisees. |
| Smoothie Factory | |
| Marketing | |
| Wendy's Milk Bar | As a national network, we have developed a strong brand position in an increasingly cluttered and competitive environment. Keeping Wendys at the forefront of customer minds is an essential part of our success. To do this, we work with leading advertising and communications agencies to implement compelling advertising and marketing campaigns all designed to achieve excellent cut-through within our key target demographics. |
| Smoothie Factory | |
| Operations | |
| Wendy's Milk Bar | |
| Smoothie Factory | |
Expansion Plans |
|
| US Expansion | |
| Wendy's Milk Bar | |
| Smoothie Factory | |
| Canada Expansion | |
| Wendy's Milk Bar | |
| Smoothie Factory | |
| International Expansion | |
| Wendy's Milk Bar | Australia, New Zealand |
| Smoothie Factory | |