In today’s fast-paced world, many potential investors are attracted to the idea of business ownership but are deterred by the hands-on management it traditionally demands. However, what if there was a model that allowed you to enjoy the benefits of franchise ownership without the day-to-day operational burdens? Enter FranVue’s innovative Absentee/Investor Model Franchises.
1. What is the Absentee/Investor Model?
Think of this model as a corporate-run unit, but with a twist—the franchisee owns the business. It’s designed for those who envision themselves as passive investors rather than active operators.
2. Location, Location, Location
With this model, you won’t be overwhelmed by the challenges of site selection. The franchises corporate management will identify and secure the ideal location for the franchise. As the owner, you’ll have the final say, approving the site and signing the lease, ensuring you’re comfortable with the choice.
3. Staff Recruitment & Training
Once the location is secured, the franchise management takes on the task of recruiting the best talent. What’s more, they will handle the comprehensive training of your staff. And remember, while the corporate team manages these staff members, they are your employees.
4. Seamless Management
From overseeing the manager to monitoring key performance indicators (KPIs), corporate management has it covered. They will handle everything—marketing, payroll, billing, expenses, and more. This approach ensures that the business adheres to best practices and standards, while you, as the franchisee, can remain hands-off.
5. Profits Belong to You
Although the franchises corporate team handles the operations, as the franchise owner, you reap all the profits. The financial structure involves a 5% charge of gross revenues in addition to the standard royalty percentage, ensuring transparency and fairness.
6. Contract Terms
The management contract aligns with the longevity of your franchise commitment, boasting a 10-year term. This period matches the standard 10-year renewal term of the franchise agreement, ensuring consistency in operational management.
7. The Ideal Candidate
This model is tailor-made for:
- Employed Franchisees: Those with demanding careers who find even a semi-absentee role too time-consuming.
- Pure Investors: Individuals who are more interested in financial returns than hands-on operations.
- Geographic Flexibility: One of the unique advantages is the freedom to invest in any part of the country, irrespective of your residence. This flexibility allows you to tap into markets based on financial feasibility rather than geographic proximity.
8. Time Commitment
For the franchisee, the time commitment is minimal—a mere two hours a month. This setup is ideal for those looking to diversify their investment portfolio without a significant time allocation.
In Conclusion
FranVue’s Absentee/Investor Model Franchises offer a groundbreaking approach to franchise ownership. It bridges the gap between wanting to own a business and not having the time or inclination to manage its daily operations. It’s a testament to the evolving nature of franchising, ensuring that opportunities are tailored to fit diverse investor profiles. If you’re searching for an investment opportunity rather than a time commitment, this model might just be your perfect match.
