Multi Unit Franchise Owner: Things to Know Before Investing

Did you know that multi-unit franchise operators own more than 50% of franchise units in the U.S. today? The trend towards investing in multiple units has increased in recent years for many reasons. 

 

Owning multiple units within a given region (or territory) can take your small business to the next level and pave the way for exciting new revenue streams and growth opportunities, particularly in the fast casual market. According to FRANdata research, 82% of franchised quick-service restaurant (QSR) businesses were controlled by multi-unit franchisees as of 2019.  

 

A Smart Investment 

 

The right multi-unit franchise opportunity can be a great vehicle to create wealth. Obviously, start-up costs will be much higher with a multi-unit investment, but the ROI makes it attractive – once you’ve secured your initial capital to get started. When your units are all up and running, you may be able to lower overhead costs and share some fixed costs and expenses across your locations. Ultimately this could lead to better pricing with vendors and more. 

 

The ”A” Team 

 

Bottom line – you need a great team (and a great product) to succeed. Growing your territory with multiple locations enables you to share resources and team members, while streamlining advertising and marketing expenditures across your locations. With the right team in place, you’re better prepared to consistently deliver a quality product – one of the keys to success in the franchise business. 

 

The Primo Way 

 

As a growing sandwich shop franchise concept, PrimoHoagies investors have a lot more flexibility in terms of a protected development area with an increased potential for multi-unit ownership. With multiple units, its franchisees have been able to build and manage a team within each location they own. If the units continue to grow, you can build a network of stores across your territory. 

PrimoHoagies prioritizes quality – and consistency - first. Our menu items are made from Thumann's gourmet meats and cheeses, and our bread is award-winning. The quality and consistency of our products cannot be mimicked anywhere else, which makes us a great option for customers searching for a quick but fresh meal and an even better option for entrepreneurs who are looking for the right fast casual franchise opportunity. 

In March 2023, PrimoHoagies celebrated its 100th store location along with the announcement of the brand’s entrance into the state of Michigan with a newly signed eight-store multi-unit franchise deal. With these additions, PrimoHoagies has 85 stores currently under development and 125 total scheduled to be open by the end of 2023.  

If you’ve been considering a multi-unit franchise investment, let’s talk!