Become a restaurant owner, not a franchisee.
Looking to buy a restaurant franchise? Wondering if a fast-casual or QSR franchise is right for you?
Owning a restaurant has many advantages, including becoming your own boss. But high royalties, low margins and operational restrictions as a franchise owner can leave little room for profit and long-term financial stability.
If you’ve decided the restaurant business is right for you, then consider opening your own restaurant concept instead—and become the real boss.
Here are just some of the benefits of launching your own concept:
Manage Costs
Between the Franchise Fee, ongoing royalties and advertising funds - even for a small, quick-serve operation - you can pay the franchisor as much as $500,000 or more over five years. Imagine what you could do with that to build your own brand.
Retain Profits
Margins are tight in the restaurant industry; a 10%-12% profit margin means you are doing well. But your franchisor may take up to 8% of that profit, leaving you with little for yourself. Opening your own restaurant will enable you to retain and control all of your earnings.
Flexibility of Concept
With most franchises, you are confined to the brand guidelines for concept, price, menu, promotions, etc. This may not align well with your specific market or even the market as a whole. With your own concept, you are in complete control.
The Long Game
Profits of a single QSR location are relatively small, whereas franchising your concept would allow you to make more money. Build your own successful brand and then you can become the franchisor instead of the franchisee.
At The Fifteen Group, we work hand in hand with restaurant owners across North America to create and launch successful new restaurant concepts—from fast-casual to fine dining.
Our multifaceted team assists with every aspect of the launch, including:
If you’d like to create your own franchise concept, check out our Opening Handholding Package for further details on how we help.
Submit this form to speak with one of our experts and see how we can help you launch your own restaurant concept.
See some of the restaurant concepts that we have helped bring to life:
Smoke’s Poutinerie
A Canadian nationwide poutine franchise founded by entrepreneur Ryan Smolkin whose goal is to "bring the authentic Quebec classic to the rest of the World."
Meat and Bread
A concept centered around simple, fast & delicious sandwiches that are prepared with high quality ingredients, strong culinary skill & a lot of heart. Launched in 2010, they now have five franchise locations.
Impact Kitchen
Founded in 2015 on the belief that food has the power to shape our daily lives and that wholesome ingredients can provide the energy to take on the day. Impact Kitchen now has four locations across Toronto.