What evidence exists that the fast food, restaurant franchise sector has room for more franchises?
The fast food sector still has enormous potential in Australia, more specifically in the fresh, made to order food market. The changing lifestyles and demographics of the Australian population is and will continue to fuel the need for quick, convenient, value orientated meal solutions as consumers busy work and family schedules result in an ever increasing number of meals being consumed outside the home. This combined with a steady increase in the general population base of Australia will ensure the continued development and success of innovative quality offers such as Oporto. What are the start up costs and ongoing fees associated with being one of your franchisees? The start up costs of an Oporto store include an initial franchise fee of $50K which combined with store fit out costs result in overall costs which range from $400-550K depending on the type, location and size of the store, (drive thru stores will cost slightly more). Ongoing fees of 6 per cent for royalties and a 3 per c