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Entrepreneur's Complete Guide to Buying a Franchise Business |
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Franchise Prospector » Home-based Franchises
Work-at-Home Fast Food Franchises Slice Operating CostsWorking from home is a great way to run a fast-food franchise. You won't pay storefront rent and reduced costs make this option a winner.You don't need to lease or buy retail space to run a successful fast-food franchise. Many entrepreneurs prefer home-based franchises that provide flexibility in working hours, reduced operating costs, and lower initial franchise and start-up costs. You can shuttle your kids to school, hit the gym, run errands, and return home in time to prepare food for your customers. There's a broad range of fast-food franchisors in the field, and you can chose among firms that provide company-based training, followed by at-home support, and territorial support. You can own or lease fast-food vending machines that you supply, earning up to an 80 percent profit margin on sales without a storefront or overhead. Or, you can operate a fast-food delivery service, taking orders at home by phone, heating and packaging prepared meals for a range of customers. How about brewing up coffee and espresso drinks and transporting them from home to vending carts, or catering caffeine to corporate functions, private parties, and conventions? Franchisors are waiting to talk with you. Franchisers Sell Home-based Cookies, Candy, Pretzels, and MoreLooking for a success story? Ask Anne Beiler about her home-based pretzel franchise. For a while, Beiler made a second income selling home-made, hand-rolled pretzels in Amish country fairs in Pennsylvania. After fine-tuning the recipe in 1988, Beiler created Auntie Anne's Inc., a franchise that has enjoyed explosive growth, with annual sales projected at $100 million through 17 stores and 312 franchises. Another success story is Hot Stuff Foods, a franchise that provides self-serve, fast-food kiosks at more than 2,200 service stations and convenience stores. Franchise owners work from their home office, negotiating with convenience stores in their territories to stock their products. Hot Stuff Foods was recognized last year among the Top 200 franchises, a prestigious ranking that includes big players like Marriott Hotels, Ace Hardware, and Blockbuster video rentals. Other popular home-based food franchises include One Hour Parties, where franchise owners provide quick snacks and desserts to celebrants at weddings, holiday, business, and birthday parties. Franchise owners receive corporate training, operating permits, and marketing materials. In 2005, Entrepreneur Magazine cited One Hour Parties franchises among their annual "Smart Ideas." Here are a few other home-based, fast-food franchisors:
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