Sounds Incredible, Is It Real?
Some of the most recognizable names of Franchising have used this method to grow their business. Using this system Franchisors are able to have Area Representatives located throughout the Country all working together on opening units. Without this Area Representative/Master Franchising concept most companies would find it impossible to have national development team on staff.
To be able to grow more rapidly and expand their concept some Franchisors figured out that sharing a portion of the Franchise Fees & Royalties would entice high-quality Area Representatives to their brand. The big question is: in 1983 would you have invested in becoming an Area Representative within a new and unproven franchise system called; Mailbox etc. or Quiznos Subs before they became national brands?
Below is a list of a few Franchise systems that have used Master Franchising to help develop their brand.
Dominos Pizza
Subway Sandwiches
AAMCO Transmissions
Mrs. Fields Cookies
Mail Boxes Etc.
PostNet
Curves
Realty Executives
Fantastic Sams Hair Cuts
Jani-King Cleaning
Molly Maid
Quiznos Subs
Century 21 Realty
and many many more...
More than likely you recognize some of these brand names today. But would you have invested in a system called “Curves” in 1995? This was started by a Husband & Wife team with no franchising experience. Today Curves is one of the fastest growing franchise system on the planet, opening 900 units a year and $1 BILLION in annual revenue. Getting in on the ground floor is the key to becoming an Area Representative or Master Franchisee. After a system has started to mature and/or becomes a recognizable brand, the opportunities become either VERY expense or completely non-existent.
Want to learn more?
Relatively few Franchisors offer Master Franchisee opportunities and the ones that become available usually sell quickly.
