Owning a franchise is a dream for many hopeful entrepreneurs. However, potential franchisees should make sure all of their questions are answered before diving in headfirst. Alongside making the initial investment, buying a franchise is a decision that includes many factors.
If you’re thinking about buying a smoothie franchise, Maui Wowi® has a streamlined process to help you make that decision. We want franchise candidates to be prepared for whatever might come their way. We’re proud to stand with our franchisees and help them work through any difficulties that may arise. That’s why we’ve compiled this list of three questions to ask a franchisor before investing in a franchise:
1. Why Should I Franchise With You?
Franchisees want to put themselves in a position to grow revenue. This depends, at least in part, on the outlook for a particular industry. Smoothies, for instance, are an increasingly popular alternative to options like soft drinks, and the $2 billion smoothie industry continues to grow. The market is here to stay–great news for individuals seeking to buy a smoothie franchise.
But franchisees don’t just want growth — they want their work to be rewarding. Franchisors like Maui Wowi offer a great environment that makes franchisees eager to come to work and manage their enterprise each day. With a mobile franchise like our Ka’anapali Cart, a Maui Wowi franchisee has the luxury of owning a flexible business that’s backed by a brand with a fun Aloha Spirit.
2. What is the Initial Investment?
Becoming a franchisee in the food and beverage industry can be costly. In some cases, potential business owners must have millions of dollars in liquid assets just to own a QSR franchise. If a franchisee can’t put the money down up front, they’re out of luck. At Maui Wowi, our franchisees have the option of owning a variety of business models. Those options help drive down the costs of initial investment, depending on which franchise option you choose. With a franchise fee of $42,500, Maui Wowi® initial investment starts as low as $86,400, which is lower than the cost of other food and beverage concepts.
3. What Kind of Support Will I Receive?
Everyone wants to put themselves in a situation where they are nurtured and where they feel comfortable asking for advice. Quality training is very important when you are starting a growing franchise, and franchise candidates should know what type of training they will receive from the outset. Some franchisors only teach the basics when it comes to giving franchisees the tools they need to prosper. Maui Wowi prides itself on working closely with each franchisee. Our support team assists franchisees by giving them the tools they need for growth, from initial training at our corporate headquarters, to setting up business operations, to learning how to make our smoothies, coffees, and espresso drinks, along with management coaching and marketing guidance.
If you’re interested in franchising with a business like Maui Wowi, contact us to take the next step toward owning your own smoothie business.
©2018 Kahala Franchising, L.L.C. All rights reserved. All other trademarks referenced are property of their respective owners. The information provided herein is for informational purposes only and is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise; nor is it directed to the residents of any particular jurisdiction within the U.S. or elsewhere. The following states currently regulate the offer and sale of franchises: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, and WI. If you are a resident of one of these states, or of a jurisdiction that has similar requirements, we will not offer you a franchise until we have completed the applicable registration or obtained the exemption from registration, and completed the applicable disclosure requirements. Regardless of what state you reside in, an offering can only be made by a franchise disclosure document.