This article covers fast food and coffee shop franchise businesses in Australia. Whilst the franchising concept has had a tarnished reputation over the past 10 years, these businesses are set to benefit from an improving Franchising Code of Conduct. The improved Code is yet to be fully implemented, though as it progresses, it will provide greater protection for franchisees.
This article benefits from the input of leading franchise business broker, Rajiv Rajan of Benchmark Business Sales. In particular, his input in the section on Market Demand Trends and Multiples Being Paid, towards the end of this article is invaluable. Rajiv has around 14 years’ experience focussed on sales and marketing of franchise businesses. He is an AIBB, Certified Practising Business Broker and Certified Franchise Executive. Rajiv has been a committee member of the Franchise Council of Australia since 2014 and has spoken several times at events on franchise recruitment and sales.
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